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Position: Actuarial Intern
Institution: Sompo International Holdings Ltd
Location: Zürich, Switzerland
Duties: 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
Requirements: Currently pursuing degree in Actuarial science, Mathematics or similar; Strong knowledge of Excel required, programming experience is a plus; Fluency in English and another European language; 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
   
Text: Actuarial Intern (Zurich) • 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 and another European language. • 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. Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo). Sompo's core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world. Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people. Sompo International’s headquarters is in Bermuda and we currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work. Our Zurich office is recruiting interns to help us through the main renewal season for European reinsurance treaties. The period of this internship will be from July/August 2021 to end of December 2021. Responsibilities include: 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. Support for actuarial thesis may be provided where required. For consideration; please e-mail your CV and Cover letter in English and pdf format to Hamid Oussana: houssana@sompo-intl.com. NB: Candidates must be legally eligible to work in Switzerland (e.g. French or any other EU-25 citizenship). Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V Visit our website at www.sompo-intl.com
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