At a Glance
- Tasks: Support renewable energy projects by analysing claims and extracting key data for decision making.
- Company: Join AXIS Capital, a leader in specialty insurance with a focus on renewable energy.
- Benefits: Enjoy competitive pay, health benefits, remote work options, and tuition reimbursement.
- Other info: Dynamic role with opportunities for growth and learning in a supportive environment.
- Why this job: Make a real impact in the renewable energy sector while gaining valuable industry insights.
- Qualifications: Must be in your third year of engineering studies or higher, with strong Excel skills.
The predicted salary is between 63000 - 77000 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.
The AXIS Renewable Energy Engineering team, as part of AXIS Global Energy, require a highly motivated Engineering Intern to support a project which aims to identify trends in damages and failures within onshore wind farms, solar PV and battery storage (BESS) assets. The role involves reviewing project information and root cause analyses from legacy insurance claims paid by AXIS and compiling key information in a database to assist our underwriting decisions, and the insights we can provide to industry.
This is a unique opportunity to learn about the core workings and failure modes of grid scale renewable technology in multiple countries and landscapes, to capture lessons learned for AXIS, a lead insurer of renewable energy globally.
How does this role contribute to our collective success? The output of the project will directly impact business insights and decision making of AXIS Global Energy. The trends and individual claim summaries will be used by the engineering team directly to support AXIS underwriters when evaluating future renewable energy projects they have been asked to provide terms and pricing for. By identifying patterns in the root causes of claims, we can take a more informed underwriting approach and ask additional questions to avoid a repeat situation in future. The high-level outputs of the project shall also be used for AXIS thought leadership pieces. The broader aim of the project is to inform and drive best practice into the manufacturing, development, construction and operations of renewable energy projects globally by learning the lessons of the past for all stakeholders.
Your primary role will involve reading final loss adjuster reports submitted for each claim and extracting key technical and financial information. These are stored in a central Excel database which can be accessed by AXIS Global Energy. The reports may contain detailed root cause analyses and expert investigations on the loss event, as well as the expected costs relating to both the physical damage and any business interruption associated with it. You will use your engineering knowledge and judgement to determine the types and causes of loss from a technical standpoint and carefully add the pertinent information into our database with a well-rounded summary. The claims you will need to process will be from wind farms, solar PV, battery energy storage, large scale hydro and power to X systems such as green hydrogen. As part of this, regular quality control exercises on existing entries in the database may be required. You will also support the beta testing of an AI tool to support lifting key information from reports and may be involved in the development of this tool, depending on your experience, and may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You: We encourage you to bring your own experience and expertise to the table, so while there are some minimum qualifications and experiences required, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- You must have completed third year of a BEng (Hons) or MEng (Hons) in Mechanical Engineering, Electrical Engineering or Renewable Energy / Power Engineering. Current students in their fourth year / MSc are welcome to apply. MSc, MRes and PhD students are welcome to apply where their thesis is on a related renewable energy engineering topic.
- Core MS Excel skills, including: Basic formulas, Mouse‑free navigation, Basic data analysis - filtering, sorting, Find and replace functionality, Notes and commenting.
- Experience using MS Outlook.
- Experience using generative AI assistants, such as MS Co‑pilot, with a recognition of its limitations/risks.
- Strong verbal and written communication skills.
- Ability to work independently and manage weekly workload.
- A critical eye for detail as well as the bigger picture, such as spotting broad errors or mismatched data.
- A willingness to ask questions when unclear.
- Confidence to self‑teach and research technologies / concepts that are new.
- An interest in renewable energy technologies and is considering a career in the energy sector.
What we prefer you to have:
- Understanding of the design and operation of: Wind turbines, Solar PV modules and arrays, Battery Energy Storage Systems, Power conversion equipment (inverters and transformers), Substations.
- Database management knowledge, such as an understanding of data classification.
- Interest in risk engineering and/or insurance.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
This posting is for an existing vacancy. Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Renewable Energy Engineering Intern employer: AXIS Capital
AXIS Capital is an excellent employer, offering a dynamic work environment in the heart of London where innovation and compliance go hand in hand. With a strong focus on employee development, we provide ample opportunities for growth and advancement within the insurance sector, alongside a collaborative culture that values strong relationships and teamwork. Our hybrid working model ensures flexibility, allowing you to balance your professional and personal life effectively while contributing to meaningful conduct risk initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Renewable Energy Engineering Intern
✨Get Involved in Engineering Societies
Join local engineering societies or student chapters; they often have networking events and workshops tailored for internship seekers. It's a great way to meet professionals and get insider tips on which companies, like AXIS Capital, are hiring!
✨Attend Career Fairs and Workshops
Make the most of your university's career fairs! These events often feature companies looking specifically for interns, and they give us the chance to make a direct impression on recruiters from places like AXIS Capital. Bring your best elevator pitch and showcase your enthusiasm!
✨Show Off Your Projects
Make sure to create a portfolio or a personal website showcasing any relevant projects you’ve worked on, whether it's uni assignments or personal projects. This visual representation will help you stand out during interviews or casual chats with engineers from AXIS Capital!
✨Leverage Internships to Build Skills
Don't just aim for any internship; seek out those that allow you to learn and grow. Even roles at startups can offer hands-on experience that's invaluable. We should focus on companies like AXIS Capital that may have rotational internship programmes, providing us with diverse experiences.
We think you need these skills to ace Renewable Energy Engineering Intern
Some tips for your application 🫡
Show Off Your Technical Skills:In the engineering world, we want to see your technical skills front and centre. When you’re crafting your CV, highlight any relevant coursework, projects, or software you’ve used. If you’ve got experience with CAD programs or any engineering software, make sure to mention that to grab our attention!
Tailor Your Motivation in the Cover Letter:This internship is all about learning and growth, so let us know why you're excited about this opportunity at AXIS Capital. Your cover letter should reflect your passion for engineering and willingness to learn — share what makes us the perfect place for you to dip your toes into the industry!
Include Relevant Academic Projects:If you've completed any engineering projects, whether in class or on your own time, showcase those in your application. We love to see practical experience, even if it’s from school! Detail what you did, what techniques you used, and any challenges you faced. This shows us you can apply your knowledge in real-world situations.
Keep it Clear and Concise:When you're applying for an internship, we know it can be tempting to cram every detail into your CV or cover letter. But keep it clear and to the point! One page for your CV is usually enough — highlight the most relevant bits and make sure your passion for engineering shines through without any fluff.
How to prepare for a job interview at AXIS Capital
✨Brush Up on Technical Fundamentals
For an engineering internship like the one at AXIS Capital, it’s essential to have a solid grasp of core principles. Expect technical questions that test your understanding of basic engineering concepts. We recommend revising key topics relevant to the role and finding some example problems to solve ahead of time.
✨Show Your Passion for Engineering
During the interview, we should communicate our enthusiasm for engineering and the specific area you're applying to. Share any projects, coursework, or experiences that fuelled your interest. Companies like AXIS Capital often look for candidates who not only have the skills but also a genuine passion for the field.
✨Prepare for Scenario-Based Questions
Be ready for situational questions that probe your problem-solving and critical-thinking abilities. You might be asked how you would approach a specific engineering challenge or design a solution to a hypothetical problem relevant to the industry. Think through a few scenarios before going in, as these can really demonstrate your thought process.
✨Highlight Your Teamwork Skills
Internships often involve collaboration, so we should be prepared to discuss our experiences working in teams. Have examples ready where you've worked as part of a group on projects, whether in a school setting or during co-curricular activities. This will show AXIS Capital that we understand the importance of collaboration in engineering.