Competency management

The goal of competency management is to effectively leverage the potential available to our company thanks to the talents of its staff, to sort this potential with an eye to the future and on this basis to draw up the competency profiles needed for sustainable competitiveness. Competency management forms an important part of any undertaking's strategic human resources planning and development. It will enable us to render the increasingly complex and imponderable external and internal framework conditions more easily manageable and controllable – provided competency management is closely dovetailed with corporate strategy.

The basis of our competency management is Hannover Re's own specific competency model, which encompasses the specialist qualifications of the various function groups and regularly reviews them with an eye to the relevant market requirements.