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Actuarial Pricing Intern (Fall 2023)

Swiss Re offers students the opportunity to join our interns@swissre program which runs for 4 months. We target students that have a strong academic record and a desire to work in the (re)insurance industry.

This is a great opportunity to give bright and highly motivated students a hands-on experience with real global issues and the opportunity to launch your career at Swiss Re.

About the Team:

The Life & Health (L&H) pricing team is based in Toronto and is composed of talented actuaries that are passionate about understanding and pricing risk in a dynamic, client-focused environment that is dedicated to helping our clients succeed. This is an exciting opportunity to join the Swiss Re's L&H Pricing Team in Canada.

We are the market leader and are responsible for Product Development, Research and Development, Reinsurance Pricing of Traditional, Transactional business. The team works closely with other functions and experts around the globe. This is one of your best opportunities to get experience with reinsurance.

About the Role:

This internship will provide an opportunity to learn about the Canadian L&H insurance marketplace, to develop a technical skill set combined with market, product and regulatory knowledge. It will also allow you to interact with team members across different functions and to play a key role in closing reinsurance quotes.

As a participant of the Swiss Re Intern program, You'll take on concrete tasks and various projects straightaway, supported by your team. Networking, social and business events will allow you to fully experience Swiss Re's company culture. You'll join our New Entrants Days and you'll get relevant training allowing you to develop new skills. You will support the work of our team in activities such as:

  • Researching actuarial and industrial knowledge/experience
  • Reinsurance pricing model building, reviewing and documentation
  • Process and tool improvements
  • Pricing infrastructure maintenance
  • Providing services to internal customers (ad-hoc analyses, meeting presentations, stakeholder consulting)

About You:

  • Thinking about the future and what it could be gives you energy
  • You have a strong passion for problem-solving, innovation and thinking outside the box to deliver creative solutions that will yield tangible results
  • You are a quick learner, with a demonstrated ability to learn on the go
  • You are flexible, energetic and collaborative; understanding how important teamwork and communication is, as well as how our attitudes and values impact perceptions

Education and Technical Skills:

  • Pursuing an undergrad degree in Bachelor or Master's in Actuarial Science, Mathematics or related fields.
  • Exceptional academic performance (GPA of 3.0 and above)
  • Excellent oral and written communication skills
  • Completion of 1 or more internships in insurance, sales, or business is an asset

Abilities and Knowledge:

  • Innovative, creative, excited to learn
  • Enjoys the challenge of navigating ambiguity
  • Ability to work independently and as a team member
  • Excellent listening and communication skills and the ability to foster strong working relationships.
  • Superior organization skills and a demonstrated ability to prioritize and deliver results in a fast-paced dynamic environment

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 and their passion for sustainability.

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

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