Specialty Internship: Offshore wind

Offshore wind
By some estimates more than USD 10bn will be invested in renewable energy infrastructure over the next decade.
The offshore windfarming model is widely expected to become a large renewable electricity production capacity, along with onshore windfarming and solar (photovoltaic panels).This is a very relevant topic for our industry due both to the sizeable developments this technology is witnessing, along with the long-term investment decision associated with establishing a new windfarm offshore. And of course, the marine offshore environment brings its own additional challenges.
With the technology rapidly evolving and scaling up, and the ESG impacts over the full lifecycle of wind turbines currently not fully understood, we believe it is both relevant and exciting to investigate the lifecycle of key renewable energies and any implications.This work will help craft our approach to this sector, with the strive to support the transition to net zero and make the world more resilient.

About the Role
This internship will work with on a lifecycle perspective of offshore wind, with responsibilities grouped around the following topics:

• Outline of the offshore wind turbine lifecycle
• Risk analysis of:
• Wind turbine technologies and key manufacturers as to their risk management factors and criticalities
• Impact of loss experience in recent years
• Failure analysis due to man-made exposures and Cat perils to help improvements for cost modelling
• Review of available insurance protections to identify any "protection gaps"

The internship will be for 4-6 months, starting Spring 2023

About the Team
The applicant will be embedded within the Renewable Energy Centre of Competence ("CoC") in our Specialty business, working to agreed deadlines.
You will report to the global head of Specialty Solutions and be part of our innovation network, working closely with experts and leaders in our underwriting and risk engineering services teams, all part of Swiss Re's Specialty business.
Your position will be based in Zurich.

About you

• Master student in business or environmental sciences ideally combined with skills in quantitative science such as engineering, mathematics or physics
• Strong analytical skills
• Excellent organisational skills and self-starter demeanour
• Passion for sustainability and ESG-related topics
• Curiosity around how investments in the windfarming sector are made and protected
• Teammate who naturally brings individuals together as needed, across countries and functions
• Reliable, open-minded, creative and enthusiastic
• Excellent oral and written English. Other languages are a plus

What next?

We are looking forward to your application! Good luck!

Swiss Re is an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – in all functions and regions at Swiss Re. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.