Reinsurance Actuarial Intern

Reposted 6 Days Ago
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Zürich, CHE
In-Office
Internship
Insurance • Agriculture
The Role
Assist in the analysis of actuarial model parameters, perform data manipulation, and pricing of reinsurance treaties while collaborating with teams.
Summary Generated by Built In
As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world.  Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for an Intern Opportunity?

  

SompoRe has opportunities on our Zurich Reinsurance Actuarial Pricing team for three Reinsurance Actuarial Interns to help us through the main renewal season for European reinsurance treaties. The period of this internship will be from July 2026 to end of December 2026.


Our business, your impact, our opportunity


Our Reinsurance actuarial team in Zurich is an international team of reinsurance pricing actuaries who are in charge of pricing all business underwritten in our Zurich Reinsurance office.  This includes Property & Casualty lines focusing on Europe including working with the London Market as well as multiple Specialty lines (such as Marine & Energy, Credit & Surety, and Aviation) with a global mandate.


What you’ll be doing:


Responsibilities include:

•  Assist in the analysis of actuarial model parameters including loss frequency and severity trends.

•  Perform data manipulation on client data and load this into the pricing tools.

•  Assist in the pricing of Property, Casualty, Marine, Engineering and Aviation reinsurance treaties including documentation of results and methodologies used.

•  Collaborate closely with the underwriting and actuarial teams.

•  Other Ad Hoc projects as needed.


Desired Skills & Experience

•   Currently pursuing degree in Actuarial Science, Mathematics or similar.

•   Strong knowledge of Excel required; programming experience is a plus.

•   Fluency in English, any another European language is an advantage.

•   Basic knowledge of reinsurance preferred.

•   Good verbal and written communication skills.

•   Ability to work in a multi-cultural team.

•   Ability to manage workflow to ensure that deadlines are met.

•   Strong analytical mindset with excellent problem-solving skills.

•   Ability to think independently and formulate recommendations.


The successful candidates will acquire knowledge on reinsurance data, models and rating – we believe this provides a good opportunity for entering the wider reinsurance sector.


NB: Candidates must be legally eligible to work in Switzerland (e.g., French/German/Italian/ Spanish or any other EU-25 citizenship). 


  

In today’s world, what do we stand for?


We strive to create exceptional value for our clients  and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers  and their direct reports, and believe in an organizational environment where everyone belongs.  We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice  and continue to invest in building out an inclusive and diverse work environment.



About Us


Expert Partners. Clarity in complexity. Unwavering commitment.

We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance.


Building on Sompo Holding’s 135 years of innovation, we seek to deliver a unified approach to servicing and providing customized solutions for our clients, ensuring that we meet their needs effectively and consistently.


We strive to strengthen engagement with our clients  and business partners every day by using the in-depth knowledge and insights of our experts to swiftly navigate the ever- shifting risk landscape in a fast and agile way – providing them with the products and coverages they need – underpinned by exceptional levels of service.




Our values


As we continue to evolve and grow, our core values serve as the foundation for our company’s identity, purpose and culture.


          Accountability: Raising the bar on what we deliver


          Agility: Keeping it simple as we grow


          Collaboration: Building relationships with clients  and colleagues


          Development: Being curious  and having a growth mindset


          Integrity: Being trustworthy and doing what’s right



Around the world, our 9,500+ employees use their expertise to learn, improve and find clear answers  for your complex  challenges. Because when you choose Sompo,  you choose the ease of expertise.


Sompo is an Equal Opportunity Employer.


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status,  or any other characteristic protected by law.


To learn more about visit our website at  www.sompo-intl.com

Skills Required

  • Currently pursuing a degree in Actuarial Science, Mathematics, or similar
  • Strong knowledge of Excel
  • Programming experience
  • Fluency in English, any other European language is an advantage
  • Basic knowledge of reinsurance
  • Good verbal and written communication skills
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The Company
HQ: Lenexa, KS
314 Employees
Year Founded: 2020

What We Do

As one of the leading writers of crop insurance in the United States, AgriSompo North America blends extensive industry experience with cutting-edge software development to provide powerful, proactive agricultural risk management for the nation’s farmers and ranchers.   We operate within a culture of integrity, and a deeply rooted belief that collaboration, agility, and stellar customer service are crucial to long-term success. Our nationwide network of independent crop insurance agents provides direct and customized options to fit each producer’s needs, with solutions ranging from traditional multi-peril, crop hail, and livestock insurance to highly innovative and unique private products.

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