Actuarial Portfolio Management Intern (Summer Internship 2023)
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Position Overview & Specifications
You will be part of Actuarial Portfolio Management team, the actuarial team providing support to Corporate Solutions products across EMEA including Property, Casualty, and Financial Products.
Key responsibilities for our team include loss ratio projections, rating plan development, model calibration and actuarial pricing support. We work closely with our business partners and encourage innovation.
We are a global team and our members are of diverse nationality and background and have strong affinity to working in a dynamic, collaborative and learning environment.
About the role
As a summer intern your tasks will be:
- Supporting the delivery of profitability reviews that provide portfolio steering insight and underwriting recommendations to our underwriting leaders.
- Helping to collect, collate and analyse data required for costing model and parameter update studies.
- Assisting with individual deal pricing.
This is an exciting opportunity for someone who is considering an actuarial career and looking to gain experience at a market leader in corporate risks.
The role is London-based but will require interaction with team members and colleagues around the world.
About you
- Keen to learn about Commercial Insurance products, actuarial techniques, and business processes.
- Excellent analytical skills with ability to interpret complex data.
- Willingness to think about problems in new ways.
- Can work independently as well as in close collaboration with others.
- Good communication skills and desire to work with actuaries as well as business leaders.
- Experience with R an advantage.
The chosen candidate will be granted 10 weeks-long paid Summer Internship starting from 26th of June.
We are looking forward to your application!
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
Keywords:
Reference Code: 124023
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Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: Insurance Agencies & Brokerages
Based on transatlantic hiring benchmarks for Actuarial Portfolio Management Intern (Summer Internship 2023) roles across Swiss RE's corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to Insurance Agencies & Brokerages.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £96,000 - £180,000 bracket, including retirement vesting and health parity.
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