Hannover Re Assessments

Ace your application for Hannover Re with tailored practice exams.

Careers at Hannover Re

Hannover Re stands tall as one of the top-tier reinsurance groups globally, distinguishing itself with expertise in both property & casualty and life & health reinsurance. Its significant presence spans continents, employing a diverse team of about 3,000 professionals adept in complex risk assessment and financial analytics.

The team at Hannover Re is known for their analytical prowess, attention to detail, and in-depth knowledge of financial and risk management principles. As the company continually seeks individuals who can thrive in such an environment, competition for positions can be spirited, certainly for those aspiring to join this world-class workforce.

Hannover Re Application Process

The selection process has 4 major stages:

1. Online Application

2. Online Assessments

3. Interview

4. Assessment Centre

Hannover Re Online Application

The journey at Hannover Re begins with the Online Application, a straightforward process whereby prospective candidates submit their credentials and experiences relevant to the desired role. This step is critical as it shapes the first impression of an applicant.

Candidates should ensure their applications are comprehensive, accurately reflecting their qualifications and how they align with Hannover Re's values and demands of the position. It's the applicant's opportunity to stand out and demonstrate their potential value to the company.

Hannover Re Online Assessments

After a successful application screening, candidates are moved to the Online Assessments step. This phase gauges applicants' expertise and aptitude in areas crucial to the job at Hannover Re, such as analytical skillsets, problem-solving abilities, and knowledge of financial concepts.

The assessment is designed to simulate real-world scenarios that one would encounter at Hannover Re, testing how well candidates can apply their skills under pressure. It is essential to be well-prepared and practiced to perform confidently in these evaluations.

Hannover Re Interview

Following the online assessments, successful candidates are invited for an Interview. This is a chance for Hannover Re to get to know the applicants better and for applicants to express their motivations for working at the company.

This step tends to delve deeper into professional experience and assesses personality traits to ensure a cultural fit. Open communication, professional demeanor, and thorough preparation for the types of questions that may be asked are key to success here.

Hannover Re Assessment Centre

The Assessment Centre is often the final hurdle in the application process. Hannover Re uses this step to observe candidates in action, performing tasks and solving problems collaboratively. It's also an opportunity for applicants to get a feel for the company culture and their potential future colleagues.

The centre may involve group exercises, individual tasks, and further interviews, all designed to assess a range of competencies. Active participation, teamwork, and leadership skills are typically under the spotlight during this intense but enlightening phase.

Sample Hannover Re Assessments question Test your knowledge!

Score: /6

Calculate the ratio of Q1 passenger numbers to Q4 passenger numbers for each airline. Then, find the highest ratio.

QuarterAirline A (thousands)Airline B (thousands)Airline C (thousands)
Q1300450600
Q2280430590
Q3260410580
Q4250400570
  • 1.20
  • 1.25
  • 1.30
  • 1.35

What is the total cost for two return tickets for the quickest coach journey that serves breakfast?

TrainCoach
London DepartureManchester ArrivalSingle TicketReturn TicketLondon DepartureManchester ArrivalSingle TicketReturn Ticket
06:20**8:30£75.00£134.9906:30**9:45£59.49£109.99
07:50**10:05*£65.00£109.4908:00**11:15£49.99£94.49
9:0011:25*£65.00£109.4909:10**12:30£49.99£94.49
9:2011:50£59.50£105.0009:30**12:50£55.00£85.00
10:0512:45*£59.50£85.0010:00**13:05£55.00£85.00
10:3012:55£49.99£69.9911:0014:10£50.00£79.50
11:1013:25£39.99£69.9911:2014:30£50.00£79.50
11:4014:15£39.99£70.4911:3014:30£44.49£70.00
12:0014:35£38.99£70.4912:0015:15£44.49£70.00
  • * Wireless available
  • ** Breakfast served
  • £210
  • £270
  • £220
  • £170

An agent has a 13:00 meeting at a Manchester Football Ground. She plans to take a taxi from Manchester train or coach station, which are a 25-minute and a 35-minute taxi ride away respectively. Which is the cheapest single ticket travel option (ignoring the taxi fare) if the agent must leave London between 09:00-09:30?

TrainCoach
London DepartureManchester ArrivalSingle TicketReturn TicketLondon DepartureManchester ArrivalSingle TicketReturn Ticket
06:20**8:30£75.00£134.9906:30**9:45£59.49£109.99
07:50**10:05*£65.00£109.4908:00**11:15£49.99£94.49
9:0011:25*£65.00£109.4909:10**12:30£49.99£94.49
9:2011:50£59.50£105.0009:30**12:50£55.00£85.00
10:0512:45*£59.50£85.0010:00**13:05£55.00£85.00
10:3012:55£49.99£69.9911:0014:10£50.00£79.50
11:1013:25£39.99£69.9911:2014:30£50.00£79.50
11:4014:15£39.99£70.4911:3014:30£44.49£70.00
12:0014:35£38.99£70.4912:0015:15£44.49£70.00
  • * Wireless available
  • ** Breakfast served
  • 09:20 train departure
  • 09:00 train departure
  • 09:30 coach departure
  • 09:10 coach departure

What’s the difference in the average speeds of the 07:50 and 10:30 train departures, to the nearest mph. (Distance travelled = 164 miles)

TrainCoach
London DepartureManchester ArrivalSingle TicketReturn TicketLondon DepartureManchester ArrivalSingle TicketReturn Ticket
06:20**8:30£75.00£134.9906:30**9:45£59.49£109.99
07:50**10:05*£65.00£109.4908:00**11:15£49.99£94.49
9:0011:25*£65.00£109.4909:10**12:30£49.99£94.49
9:2011:50£59.50£105.0009:30**12:50£55.00£85.00
10:0512:45*£59.50£85.0010:00**13:05£55.00£85.00
10:3012:55£49.99£69.9911:0014:10£50.00£79.50
11:1013:25£39.99£69.9911:2014:30£50.00£79.50
11:4014:15£39.99£70.4911:3014:30£44.49£70.00
12:0014:35£38.99£70.4912:0015:15£44.49£70.00
  • * Wireless available
  • ** Breakfast served
  • 0mph
  • 5mph
  • 60mph
  • 68mph

What is the single ticket price for an engineer who wants to take the shortest travel option to arrive in Manchester before 13:00? She also requires a wireless connection throughout her journey.

TrainCoach
London DepartureManchester ArrivalSingle TicketReturn TicketLondon DepartureManchester ArrivalSingle TicketReturn Ticket
06:20**8:30£75.00£134.9906:30**9:45£59.49£109.99
07:50**10:05*£65.00£109.4908:00**11:15£49.99£94.49
9:0011:25*£65.00£109.4909:10**12:30£49.99£94.49
9:2011:50£59.50£105.0009:30**12:50£55.00£85.00
10:0512:45*£59.50£85.0010:00**13:05£55.00£85.00
10:3012:55£49.99£69.9911:0014:10£50.00£79.50
11:1013:25£39.99£69.9911:2014:30£50.00£79.50
11:4014:15£39.99£70.4911:3014:30£44.49£70.00
12:0014:35£38.99£70.4912:0015:15£44.49£70.00
  • * Wireless available
  • ** Breakfast served
  • £65.00
  • £49.59
  • £55.00
  • £59.49

Calculate the percentage decrease in passenger numbers from Q1 to Q4 for each airline. Then, identify the highest percentage decrease.

QuarterAirline A (thousands)Airline B (thousands)Airline C (thousands)
Q1300450600
Q2280430590
Q3260410580
Q4250400570
  • 16.67%
  • 15.67%
  • 14.67%
  • 13.67%

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Hannover Re Assessments FAQs

What are the Hannover Re tests?

Hannover Re tests are specialized exams designed to evaluate candidates' expertise in financial principles, risk management, and analytical problem-solving, reflecting the real-world challenges one would face in the reinsurance industry.

Are the Hannover Re tests hard?

The Hannover Re tests are challenging as they mirror the complexity of scenarios in the reinsurance sector and measure candidates' analytical acumen. However, thorough preparation can significantly ease the difficulty.

How do I prepare for Hannover Re tests?

The best way to prepare for Hannover Re tests is by practicing with similar exams. Fintest offers an array of practice tests that help you get accustomed to the format and type of questions you'll face.

How long does the recruitment process take at Hannover Re?

The recruitment process at Hannover Re may vary in length depending on the role and the number of applicants, but it is generally a multi-step process designed to identify the best match for both the company and candidate.

What are Hannover Re's core values?

Hannover Re's core values center on trust, accountability, and excellence. These guide their approach to business and form the foundation of their corporate culture and day-to-day operations.