Aviation Actuary Intern (6 months)

Do you bring a strong actuarial and analytical background and want to enrich your experience in Aviation Reinsurance and Underwriting? If so, this internship opportunity is perfect for you.

Duration of internship: 6 months, starting April 2025.

About the Role

The role is within the P&C Reinsurance Business Unit in the Global Specialty Division. You will focus on Aviation portfolio costing, pricing, and enhancing our actuarial models. Additionally, you’ll support underwriters, with the potential to grow into an underwriting role.

You will be performing a variety of functions including, but not limited to:

• Participate in the Swiss Re Costing and Accuracy framework (SCARF) to enhance our aviation model, assessing the impact of model changes on our portfolio, and presenting findings to key internal stakeholders.
• Conducting in-depth market analysis of the Aviation industry to inform strategic decisions.
• Assisting underwriters by performing treaty technical costing assessments to evaluate risks and optimize.

About the Team

We are an experienced team of 10 located in Zurich and Munich. Our team includes actuaries and underwriters who collaborate with client managers, risk managers, claims, and reserving experts. We underwrite a Worldwide book of Aviation and Space reinsurance business.

You will join a collaborative environment consisting of an international underwriting team. Our clients are based all over the world, and the interactions are via Brokers but also on a direct basis. This is a wonderful opportunity to join a unique specialty line of business and a dedicated group of professionals.

About You

You are a well-organised, respectful, and committed teammate with a strong desire and ability to work in a flexible working environment in virtual, multi-national, multi-cultural, cross-company, and cross-functional teams.

With your strong work ethic and desire to grow professionally, you are able to define priorities and execute on those to achieve high-quality results on time.

• University degree in Actuarial Science, Mathematics, Statistics or comparable.
• Reinsurance knowledge is a plus.
• Proficiency in Python (familiarity with PySpark is a plus).
• You demonstrate superior analytical skills.
• Comfortable in presenting your work and arguments in front of stakeholders.
• Excellent oral and written English; additional language skills advantageous.

We wish you good luck, and we are looking forward to your application.

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.

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.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

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