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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Company - Public
Swiss RE - Actuarial Portfolio Management Intern (Summer Internship 2023)
Swiss RE ✓ Verified Employer

Actuarial Portfolio Management Intern (Summer Internship 2023)

Verified Base Compensation
£96,000 - £180,000 / year
£8,000 - £15,000 / mo Apply Now →
Official Specifications

Role Overview & Mandate

Executive Summary

About the team You will be part of Actuarial Portfolio Management team, the actuarial team providing...

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About the team

You will be part of Actuarial Portfolio Management team, the actuarial team providing support to Corporate Solutions products across EMEA including Property, Casualty, and Financial Products.


Key responsibilities for our team include loss ratio projections, rating plan development, model calibration and actuarial pricing support. We work closely with our business partners and encourage innovation.


We are a global team and our members are of diverse nationality and background and have strong affinity to working in a dynamic, collaborative and learning environment.


About the role


As a summer intern your tasks will be:

  • Supporting the delivery of profitability reviews that provide portfolio steering insight and underwriting recommendations to our underwriting leaders.
  • Helping to collect, collate and analyse data required for costing model and parameter update studies.
  • Assisting with individual deal pricing.

This is an exciting opportunity for someone who is considering an actuarial career and looking to gain experience at a market leader in corporate risks.


The role is London-based but will require interaction with team members and colleagues around the world.


About you

  • Keen to learn about Commercial Insurance products, actuarial techniques, and business processes.
  • Excellent analytical skills with ability to interpret complex data.
  • Willingness to think about problems in new ways.
  • Can work independently as well as in close collaboration with others.
  • Good communication skills and desire to work with actuaries as well as business leaders.
  • Experience with R an advantage.

The chosen candidate will be granted 10 weeks-long paid Summer Internship starting from 26th of June.


We are looking forward to your application!


About Swiss Re Corporate Solutions


Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.


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Reference Code: 124023

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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £96,000 - £180,000
Est. Income Tax Band 20% - 40% Progressive Bracket
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £5,760 - £9,750 / mo
Regional Economics

Cost of Living (London, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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