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Aviation Actuary Intern (Hybrid - m/f/x/d - 80-100%), Zurich (Zurich, CH)

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Swiss Re

1mo ago

  • Internship
    Full-time
    Off-cycle Internship
  • Data
    Research & Development
  • Zurich
  • 14d left

AI generated summary

  • You need a degree in Actuarial Science or similar, strong analytical skills, Python proficiency, and the ability to present effectively. English fluency is essential; other languages are a plus.
  • You will enhance aviation models, analyze market trends, present findings, and assist underwriters with treaty cost assessments to evaluate risks and optimize strategies.

Requirements

  • 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

Responsibilities

  • 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

FAQs

What is the duration of the internship?

The duration of the internship is 6 months, starting in April 2025.

What is the primary focus of the Aviation Actuary Intern role?

The primary focus is on Aviation portfolio costing, pricing, and enhancing actuarial models, along with supporting underwriters.

What will the intern be involved in during the internship?

The intern will participate in the Swiss Re Costing and Accuracy framework (SCARF), conduct market analysis of the Aviation industry, and assist underwriters with treaty technical costing assessments.

What educational background is required for this position?

A university degree in Actuarial Science, Mathematics, Statistics, or a comparable field is required.

Is prior reinsurance knowledge necessary for this internship?

No, reinsurance knowledge is a plus but not mandatory.

What programming skills are required for this position?

Proficiency in Python is required, and familiarity with PySpark is a plus.

What qualities are you looking for in candidates?

Candidates should be well-organized, respectful, committed teammates with a strong work ethic, superior analytical skills, and the ability to present work effectively to stakeholders.

Which language skills are advantageous for this internship?

Excellent oral and written English is required, and additional language skills are advantageous.

How many people are in the team, and where are they located?

The team consists of 10 people located in Zurich and Munich.

What type of environment does the team work in?

The team works in a collaborative environment that is international, multi-national, multi-cultural, and cross-functional.

Is there an opportunity to grow into an underwriting role?

Yes, there is potential for the intern to grow into an underwriting role.

What is the company’s stance on inclusivity?

Swiss Re embraces an inclusive culture that encourages fresh perspectives and innovative thinking, providing equal opportunities for all employees to thrive and develop professionally.

How can experienced professionals returning from a career break engage with the company?

Experienced professionals returning to the workforce after a career break are encouraged to apply for open positions that match their skills and experience.

Swiss Re helps insurers and direct clients to shoulder risks through re/insurance and other solutions.

Finance
Industry
10,001+
Employees

Mission & Purpose

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend. Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 70 offices globally and is rated "AA-"​ by Standard & Poor's, "Aa3"​ by Moody's and "A+"​ by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the Main Standard on the SIX Swiss Exchange and trade under the symbol SREN. We're smarter together.