Quantitative Intern (4-6 months)

Are you ready to dive into a dynamic, multicultural team at the forefront of Specialty Underwriting in Zurich? At Swiss Re’s Digital Business unit, you'll collaborate with top experts across underwriting, product, and technology—driving innovation and shaping the future of our Specialty business. If you thrive in a fast-paced, global environment where teamwork fuels success, this is the opportunity for you!

About the Role

As an intern, you'll be embedded within the Agriculture Product Centre, working in a vibrant, multi-cultural team serving clients around the world. You'll collaborate closely with experts and leaders in our underwriting and actuarial departments, all part of Swiss Re's Specialty business. Your tasks will include:

• Understanding weather, market and economic patterns: quantify how different factors drive re-/insurance risks across geographies both backward as well as forward looking
• Estimation of dependency structures: derive robust covariance matrices using sound mathematical/statistical approaches
• Applying data science principles using R and/or Python: extract, merge and preprocess large datasets and work with satellite images to run algorithms on
• Scenario analysis: assess how ceteris paribus changes will affect risk dependencies
• Establish workflows/pipelines that can be updated regularly/dynamically
• Assist in creating documentation for calibration processes and maintaining comprehensive records.
• Collaborate with senior team members and cross-functional teams to improve and update existing methods.

The internship will be for 4-6 months, starting in Spring/Summer 2025 in Zurich.

About the Team

Agriculture is part of Global Speciality which is a diverse team of problem solvers driven by passion, powered by knowledge. With over 200 underwriters across 10+ offices, our team combines Swiss Re's dedicated Specialty lines of business in Reinsurance: we are Agriculture, Aviation, Credit & Surety, Cyber, Engineering and Marine & Energy. Our purpose is to make today's and tomorrow's complex risks more accessible and lead Swiss Re's innovation and sustainability ambitions.
Within the Agriculture team, we want to deepen our understanding of dependency structures, how weather patterns but also market as well as economic factors drive correlation across our global portfolio.

About You

We are looking for a brilliant critical thinker who is naturally detail-oriented and possesses strong interpersonal skills. Your flexibility and curiosity enable you to learn new skills quickly. Ideal candidates will have:

• Master student in econometrics, quantitative finance, mathematics or physics. 
• Knowledge of spatial statistics or interest in natural sciences such as agronomy and geo sciences are a plus.
• Strong quantitative, analytical and problem-solving skills.
• Excellent organisational skills and self-starter demeanour.
• Proficiency in statistic software (Python or R) as well as Microsoft Office.
• Excellent communication and teamwork abilities.
• Eagerness to learn and adapt to dynamic insurance industry requirements.
• Team player who thrives in an international work environment. 
• Reliable, open-minded, creative, and enthusiastic.
• Excellent oral and written English. Other languages are a plus.

What Next?

We are looking forward to your application! Good luck!

Due to immigration regulations non-EU/EFTA and UK citizens must provide a certificate from a Swiss university confirming that an internship is integral to their course of study. Kindly submit the mandatory letter from your university with your application documents. 

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

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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