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Armonk, NY, US

Interns@swissre - Actuarial Analyst


Interns@swissre - Actuarial Analyst 

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of our 15,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?



About the role

Swiss Re is a leading and highly diversified global reinsurer. The company operates through offices in over 25 countries. Founded in Zurich, Switzerland, in 1863, Swiss Re offers financial services products that enable risk-taking essential to enterprise and progress. The company's traditional reinsurance products and related services for property and casualty, as well as the life and health business are complemented by insurance-based corporate finance solutions and supplementary services for comprehensive risk management. (For more company information, go to www.swissre.com)



Every year, Swiss Re offers internships to a number of bright and highly motivated students, enabling them to benefit from the company's global perspective and to discover the world. A Swiss Re internship can be much more than a temporary job - it can be your first step to a rewarding career. The program is expected to last 10 - 12 weeks, offers competitive salaries, and is offered in various Swiss Re locations.


About the team

The Products Underwriting business function is the driving force behind product development and underwriting excellence at Swiss Re. It encompasses the Property & Specialty, Casualty and Life & Health divisions. It also deploys Swiss Re's knowledge and expertise to promote underwriting excellence and to provide standard criteria for risk pricing in life and non-life business. The Actuarial Intern will work within Treaty Casualty Products to analyze pricing parameters for different Casualty Lines of Business (Motor, General Liability, and Professional Liability) under the guidance and direction of the units' most Senior Actuaries. This project team's mandate is to continuously improve the quality and depth of our actuarial analysis through the establishment of a robust data library that will aid in parameter development. The candidate will also work on one of a number of research projects using the data already collected by the company and potentially integrating forward-looking predictive analysis where no prior data is available. For example, identifying, interpreting and quantifying economic, societal, legal, regulatory or other factors that will influence Casualty business. You will gain a good understanding of how actuarial and other data are used to price our products (treaties covering portfolios of original insured policies) as well as learn about a specific insurance product/coverage. You may also have the opportunity to test and develop pricing models and tools. In addition to working with the unit's Senior actuaries, you may engage with others in the team including senior underwriters, claims professionals and portfolio managers to accomplish your objectives. Overall this is an excellent opportunity for a candidate aspiring to a career in the (re)insurance actuarial, analytical or potentially underwriting disciplines.


About You

• Majors: Actuarial Science, Math or Economics (courses including 2 years calculus, 2 years probability and statistics)

• Should be a junior or sophomore in an undergraduate program

• Passed at least 1 actuarial exam

• Strong Excel skills; experience with Look-up Tables and Pivot Tables preferred; experience with Macros a plus

• Friendly and motivated; ability to work in a team setting, meet deadlines, and present findings

• Previous work experience is a strong plus

• Exceptional academic performance (minimum 3.25 GPA)


Interested candidates should apply through www.swissre.com/interns.  Applications will only be accepted through our website.  Duration of the internship: Late May to Mid-August 2022


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


Reference Code: 105903 



Nearest Major Market: White Plains
Nearest Secondary Market: New York City

Job Segment: Underwriter, Law, Claims, Risk Management, Actuarial, Insurance, Legal, Finance