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BarmeniaGothaer

BarmeniaGothaer

Mutual insurer offering private, corporate insurance

Application Development Trainee

Internship
€1.5k - €1.6k/mo

+ Employer-funded occupational pension + Employer-funded supplementary health insurance

Wuppertal, Germany
Hybrid

Up to 60% mobile work is possible depending on the training phase and location.

About the job

Requirements
  • You have at least an Abitur or Fachabitur, including applicants who discontinued university or another vocational training program.
  • You demonstrate logical reasoning and willingness to learn.
  • You are interested in digitalization topics and can readily use modern digital tools.
  • You enjoy contributing within a collaborative team.
Responsibilities
  • Complete a three-year vocational training program at the Wuppertal location, with the possibility of shortening it to two and a half years.
  • Experience project work in different teams and learn how to build and integrate software for a large insurance group.
  • Apply programming knowledge, particularly Java, in practical work.
  • Learn all phases of software development, from analyzing customer requirements through design, creation, modification, testing, and program introduction.
  • Prepare for the final examination through seminars and training offerings.

About the company

BarmeniaGothaer is a mutual insurance group formed in 2024 by the merger of Barmenia Versicherungen and Gothaer Versicherungsbank VVaG, serving about eight million clients. It offers a full range of private and corporate insurance, including property and casualty, health, life, and retirement planning, and operates BarmeniaGothaer Asset Management with around €50 billion in assets. As a policyholder-owned mutual, premiums fund coverage and services, emphasizing long-term stability and customer benefit. The merger combines Gothaer’s strength in SMEs and commercial lines with Barmenia’s focus on retail and health, aiming to grow its market position in Germany.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Cologne, Germany

Founded

2024

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Simplify's Take

What believers are saying

  • S&P upgraded core subsidiaries to A+ on 16 June 2026.
  • 2025 premium income reached €9.27 billion, up 7.8 percent, with net income €180.5 million.
  • Bloomberg and Clearwater completed the investment-platform overhaul by 1 April 2026, improving operating leverage.

What critics are saying

  • Dr. Andreas Eurich leaves the board on 31 December 2026, stressing integration continuity.
  • Debut €100 million Yardstick Re cat bond shows flood losses still threaten capital.
  • If integration disappoints, Allianz and private-health rivals will capture pricing and distribution momentum.

What makes BarmeniaGothaer unique

  • September 2024 merger created Germany’s first major mutual-insurer combination in decades.
  • BarmeniaGothaer serves eight million clients across health, P&C, and life insurance.
  • Its €50 billion asset manager and top-five private health position deepen switching costs.

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Benefits

Training Programs

Mentorship Program

Professional Development Budget

Company News

IPE
Jan 10th, 2025
German insurers create €50bn asset management company

The transfer of assets under the new firm follows the merger of the two insurance companies officially completed last September