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BarmeniaGothaer

Mutual insurer offering private, corporate insurance

Junior Product Controller / Mathematician Insurance Private Customers Property & Casualty

Full-Time
No salary listed
Junior
Bachelor's
Wuppertal, Germany
HybridUp to 60% mobile work is available.
InsuranceActuarial & Risk Modelling

About the job

Requirements
  • A completed degree in mathematics, business mathematics, economics, business administration, statistics, natural sciences, business informatics, or computer science is required.
  • Initial practical experience in controlling, data analysis, or the insurance environment is beneficial but not required.
  • Statistical knowledge and a strong interest in insurance mathematics and actuarial topics are required.
  • Initial programming knowledge and a strong affinity for data-driven and process-driven topics are required.
  • Analytical thinking, a structured working style, teamwork, willingness to assume responsibility, and interest in professional development are required.
Responsibilities
  • Support divisional and product controlling in the property and casualty insurance area, including liability, household contents, and residential building insurance.
  • Further develop reporting on premiums, claims, and portfolios.
  • Contribute to portfolio, business, and profitability analyses, including the evaluation of tariffs and product measures.
  • Conduct mathematical-statistical analyses of claims trends, customer behavior, and portfolio development.
  • Discuss results with actuarial, controlling, information technology, and sales teams and derive initial recommendations for product steering.
  • Contribute to the further development of tariffs, processes, models, special calculations, and cross-functional projects.
Desired Qualifications
  • Initial practical experience in controlling, data analysis, or the insurance environment.
  • Professional development toward becoming an actuary through the German Association of Actuaries (DAV), for example.

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 Gothaer entities to A+ in 2026, signaling stronger capital and execution.
  • September 2026 launches include Lunara+ telehealth fertility care and Lonely-Lotse support.
  • The company extended Cologne-Zollstock leases to 2035, anchoring integration and employer stability.

What critics are saying

  • Andreas Eurich exits in December 2026, removing a merger architect during integration.
  • BarmeniaGothaer must merge systems, sales channels, and cultures across Wuppertal and Cologne.
  • Munich Re, Allianz, and AXA keep squeezing margins in German private health and SME insurance.

What makes BarmeniaGothaer unique

  • Germany's first major mutual-insurer merger in decades created unmatched scale and policyholder ownership.
  • BarmeniaGothaer combines Gothaer's SME strength with Barmenia's retail and private-health franchise.
  • Asset Management now controls about €53 billion, ranking among Germany's top ten insurers' managers.

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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