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Claims Intern

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Swiss Re

Oct 22

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Data
    Research & Development
  • Fort Wayne

Requirements

  • Bachelors or masters degree preferred in Actuarial Science, Data Science, Business Analytics, Economics, Finance, Risk Management & Insurance, or Operations Management
  • Strong analytical and research skills
  • Proficiency in data analysis tools such as Excel, Python, R, or similar
  • Ability to interpret and synthesize complex data into actionable insights
  • Knowledge of AI applications and their potential in business processes
  • Excellent written and verbal communication skills
  • Strong organizational skills and attention to detail
  • Ability to work independently and collaboratively in a team environment

Responsibilities

  • Analyze public industry data to create benchmarks related to Key Performance Indicators (KPIs) for claims functions
  • Identify trends, patterns, and insights that can inform strategic decision-making
  • Assess the potential use of AI in the life insurance claims process
  • Research and develop case studies on current AI applications in both life and Property & Casualty (P&C) insurance globally
  • Provide recommendations on where AI could enhance efficiency & accuracy in claims handling
  • Map out the universe of stakeholders involved in the claims submission process for various types of life and health insurance business
  • Analyze stakeholder pain points/motivations to identify opportunities for process improvements
  • Examine the operations of life insurance carriers from a claims perspective, including trends, common practices, technology platforms, and HR structures
  • Identify common challenges and opportunities for improvement within these operations
  • Determine which types of business are most costly to run from a claims perspective and provide insights on cost management strategies

FAQs

What is the duration of the internship program?

The internship program spans 12 weeks over the summer.

What are the key responsibilities of the Claims Intern?

Key responsibilities include data analysis & benchmarking, assessing AI applications in claims processes, stakeholder analysis, and examining operational insights within the life insurance claims perspective.

What qualifications are required to apply for this internship?

A bachelor's or master's degree in Actuarial Science, Data Science, Business Analytics, Economics, Finance, Risk Management & Insurance, or Operations Management is preferred.

What skills are essential for a successful intern in this role?

Strong analytical and research skills, proficiency in data analysis tools (such as Excel, Python, or R), excellent written and verbal communication skills, and the ability to work both independently and collaboratively are essential.

Will interns be exposed to AI applications during the internship?

Yes, interns will research and assess the potential use of AI in life insurance claims processes and develop case studies on current AI applications.

Are there networking opportunities available during the internship?

Yes, the internship program offers networking opportunities with industry professionals.

What salary range can interns expect?

The base salary for interns in Armonk will be between $20 and $30 per hour, depending on location, qualifications, projected graduation year, and/or highest degree held.

How can interns enhance their resumes through this program?

Interns will gain practical experience, in-depth knowledge of the life insurance industry, and exposure to cutting-edge technologies, all of which will enhance their resumes and career prospects.

Is this internship program available at multiple locations?

Yes, the internship program is available at multiple office locations across the United States.

Does Swiss Re promote an inclusive workplace culture?

Yes, Swiss Re builds an inclusive culture that encourages fresh perspectives and innovative thinking, ensuring equal opportunities for all employees.

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.

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