Working Student (Programming Reference Calculator / Life Insurance)*

The Viridium Insurance Group is a specialist in the efficient management of life insurance assets. This means we acquire insurance companies and their contracts, integrate them into our organization and continue the contracts in the long term.

The Viridium Group includes Entis Life Insurance, Heidelberg Life Insurance, Proxalto Life Insurance and Skandia Life Insurance.

Viridium companies maintain 3.4 million life insurance contracts and assets of EUR 67 billion. Viridium is thus one of the largest life insurance groups in Germany and contributes to the fact that life insurance remains a reliable part of the private pension provision for millions of people.

You will become part of a newly established, interdisciplinary team in the field of supporting systems. Your job: You support our insurance mathematics:inside and programmers, you need to develop a reference computer for quality assurance of actuarial calculations. For the background: for the management of our insurance contracts, we must accurately calculate the actuarial values of the contracts - for example premiums, provisions, buy-back values or balance sheet values. We use these values for internal calculations and planning, for the preparation of balance sheets, as well as for reporting to supervisory authorities. To calculate the actuarial values, we use the so-called computing core of our inventory management system. The calculation core determines the values based on tariff conditions, formulas and regulatory parameters that our insurance partners: deposit, update and customize when needed. To ensure that the computer core delivers correct results, we use a reference computer: a technically independent application for mathematical quality assurance, with which we reproduce the calculations of the computer core and compare the results of both systems. The reference calculator is used in the context of inventory assumptions (for the first time setting new tariffs), but also in the day-to-day business, when parameters of the computing core have to be adapted, as well as for the calculation and mathematical preparation of complex customer requests.

That's why this job could be interesting for you: Finded insights into a future-relevant professional field at the interface between insurance mathematics and software development Working in the “Reference Calculator” project to develop a new computing tool that is central to our business model and is still in an early, exciting development phase Collaboration with experienced colleagues: women from mathematics and IT who work you carefully That would be your specific tasks Analysis of actuarial documents (e.g. tariff business plans or general insurance conditions) Support in implementing actuarial issues Preparation of test cases to validate the calculation results Documentation of technical and technical implementation for internal traceability Support of the project team with general administrative activities

Study of mathematics in the master's degree programme Safe handling of Python and interest in program-oriented work Basic understanding of common life insurance products Basic knowledge of life insurance mathematics Embossed IT affinity Very good German knowledge of Word and Writing (C2)

First insights into an innovative business model that shows new ways to the established insurance industry. Promoting and demanding careers of executives and colleagues: who are among the best in your field. Work independently on interesting, demanding topics.

And also: Hybrid working model: Flexible mix of home office and work on site IT equipment: Windows laptop, up to 2 screens, headset, VoIP telephony, MS teams Working hours & presence regulation: You work at least 16 hours a week, ideally 20 hours a week - in the semester holidays you like up to 40 hours a week The weekly hours are distributed on full working days, remaining hours can be flexibly supplemented on further days You work remote / in Homeoffice - Meeting on site takes place in Neu-Isenburg near Frankfurt am Main JOBV1_EN