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Actuarial Intern (1 year)

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. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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.

About the Role

This is a one-year intern role based in London working a regular 35 hour working week.

It provides an excellent opportunity for a motivated individual to gain good knowledge of reinsurance products, different reporting bases and practice analytical skills.

You will be working as an Actuarial Intern in the Life & Health Actuarial Management department (UK or continental Europe) alongside qualified actuaries and other actuarial students.

You will support other team members to produce accurate and timely delivery of quarterly financial results on several reporting bases (US GAAP, Best Estimate and Statutory).

You will take a reasonable degree of responsibility and opportunity for personal growth over time – particularly in terms of technical actuarial content

You will be participating in ad-hoc activities required by business.

Your main responsibilities will include:

  • Ensure the quarterly reporting of the lines of business assigned to you is delivered on time and with high quality.

  • Resolve and communicate ad-hoc issues on time e.g., with data, cashflow projections or assumptions.

  • Contributing to improving the efficiency and quality of reinsurance reporting processes.

  • Working with other business functions – including Accounting, Products, Production team etc.

  • Contributing to ad-hoc activities required by the business (e.g., recapture, projects etc.)

About You

  • Graduate degree in quantitative discipline and desire to pursue actuarial qualification or partly qualified actuary with no relevant experience.

  • Familiarity with the range of Life & Health insurance products and reinsurance structures written in the UK or other European markets. Specific market experience / knowledge advantageous.

  • Analytical and inquisitive in your approach to problem solving.

  • Willing to learn and take ownership of your areas of responsibility.

  • A good team player, willing to support the team to meet changing priorities and requirements. Able to build effective working relationships with colleagues in other teams and across technical fields.

  • Ability to prioritize and deliver good results in time.

  • Can communicate clearly and explain the rationale logically.

  • Fluent in English, both oral and written

  • Proficiency in Excel

We are 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 – at all levels and in all functions and regions. 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.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

Reference Code: 115593 

View all jobs at Swiss Re

⛔️ Swiss Re are no longer taking applications for this job.