At a Glance
- Tasks: Dive into real-world underwriting challenges using data and analytical techniques.
- Company: Join Swiss Re, a global leader in reinsurance and risk management.
- Benefits: Gain hands-on experience, mentorship, and a competitive salary.
- Other info: 6-month internship starting February 2027, with flexible remote work options.
- Why this job: Make an impact by developing analytical tools and exploring portfolio data.
- Qualifications: Studying or recently completed a degree in a quantitative or technical field.
The predicted salary is between 60750 - 74250 £ per year.
As an Intern in the integrated Portfolio Strategy & Steering team, you will work on real underwriting portfolio questions using data, engineering and analytical techniques.
You will work alongside underwriting portfolio managers and experienced engineers to explore portfolio data, investigate risks and opportunities, and develop practical analytical tools predominantly in Palantir.
This is a hands-on role offering exposure to the full delivery lifecycle.
You will contribute to live use cases, from understanding the business question and exploring data through to building, testing and presenting solutions.
You will receive guidance from experienced team members while taking meaningful ownership of defined pieces of work.
Key Responsibilities
- Support the development of underwriting-specific data products, analytical tools and Palantir workflows.
- Explore and analyse portfolio data to identify patterns, performance drivers, concentrations, dependencies and potential areas for further investigation.
- Develop data transformations, analytical components, visualisations and prototypes using Python, SQL or other relevant tools.
- Support testing, validation and documentation to help ensure that solutions are reliable and understandable.
- Work with team members and users to understand the business questions behind the analysis.
- Present analytical findings and explain the approach, assumptions and limitations clearly.
- Contribute ideas for improving existing tools, analytical methods and ways of working.
- Build practical knowledge of underwriting, portfolio management, data engineering and analytical product development.
- About the Team
The Portfolio Strategy & Steering team brings together underwriting portfolio management, engineering, data and advanced analytical capabilities.
The team operates as one integrated group, with team members holding distinct but complementary accountabilities and jointly responsible for priorities, quality and impact.
Interns are treated as contributing members of the team and are given meaningful work aligned with current underwriting portfolio priorities.
About You
You are intellectually curious, analytical and motivated by solving difficult, real-world problems.
You are interested in how data and technology can improve commercial decisions and want to apply your skills in a practical business environment.
You enjoy working with data, learning unfamiliar concepts and turning analysis into clear conclusions.
You are comfortable asking questions, testing assumptions and taking responsibility for the quality of your work.
You do not need prior underwriting experience, but you should be interested in understanding the business context and decisions behind the work you undertake.
We are looking for candidates who bring
- current study towards, or recent completion of, a degree in a quantitative, technical or commercially relevant discipline.
- practical experience using Python, SQL or another analytical programming language through academic, personal or professional projects.
Experience developing AI-enabled products or analytical capabilities would be an advantage.
- ability to work with data, structure analytical problems and communicate findings clearly.
- strong problem-solving capability, attention to detail and intellectual curiosity.
- willingness to learn new technologies, analytical methods and business concepts.
- ability to work collaboratively while taking ownership of defined tasks.
- an interest in insurance, reinsurance, underwriting, portfolio management or data-driven commercial decision-making.
- Please note
- This is a
6 month internship, ideally starting in February 2027.
There will be an expectation to attend the office at least 3 days/ week, with the option for remote working on the remaining days.
The base salary range for this position will be shared with you during the interview process.
About Swiss Re
Swiss Re is one of the worlds 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.
We cover both Property & Casualty and Life & Health.
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 15,000 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.
We may use AI-powered tools to support the review and evaluation of applications for this position.
These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people.
To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Group Underwriting Intern, London (GB) employer: Swiss Re
Swiss Re is an exceptional employer, offering a dynamic and inclusive work culture that champions innovation and collaboration. As a Behavioural Science and Human-AI Consultant, you will have the opportunity to work at the forefront of AI transformation, partnering with multidisciplinary experts to drive meaningful change while enjoying flexible working arrangements and a competitive benefits package. With a strong focus on employee growth and development, Swiss Re empowers you to make a significant impact in the reinsurance industry from their vibrant London office.
StudySmarter Expert Advice🤫
We think this is how you could land Group Underwriting Intern, London (GB)
✨Hit Up Local Job Fairs
Insurance internships are often showcased at local career fairs, so pop down to a few and chat with recruiters from companies like Swiss Re. It’s a great way to get your face out there and show off your enthusiasm for the industry – plus, you can ask questions that show you’ve done your homework!
✨Leverage Your Uni’s Career Services
Your university’s career services can be a goldmine for finding insurance internships. They often have partnerships with companies and can give you access to exclusive opportunities – so be sure to check in and get help polishing your application for roles at places like Swiss Re.
✨Connect with Alumni in the Industry
Look for alumni from your university who are working in insurance. Reach out for a chat on LinkedIn – they can give you insider tips about landing spots like internships at Swiss Re. Plus, they might even know of openings before they’re posted!
✨Show Off Your Skills Online
Create a professional online presence showcasing your skills and interests in insurance. Whether it’s writing articles on LinkedIn or sharing insights on industry trends, being visible can attract attention from hiring managers at companies like Swiss Re. Don’t hesitate to apply through our website!
We think you need these skills to ace Group Underwriting Intern, London (GB)
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, analysing data is key! Make sure to sprinkle examples of your analytical and problem-solving skills throughout your CV and cover letter. This could be from your studies or any relevant projects where you've had to assess risk, assess financial data, or use statistics.
Show Enthusiasm for Learning:As an intern, it's super important to show your eagerness to learn. Use your cover letter to express why you're passionate about the insurance field and what you hope to gain from the internship at Swiss Re. We're looking for those who want to dive in and make the most of this opportunity!
Include Relevant Coursework and Projects:Don't be shy about mentioning specific courses or projects that relate to insurance! If you've taken modules in risk assessment, finance, or related topics, make sure they're highlighted in your application. This not only shows your background but helps us connect the dots about your fit for the role.
Tailor Your Documents to Swiss Re:Every company has its unique vibe and values! Take a little time to tailor your CV and cover letter specifically for Swiss Re. Look into their culture, their services, and mention why you think you’d be a great fit. It shows you care and that you’ve done your homework—huge plus points!
How to prepare for a job interview at Swiss Re
✨Get a Grip on Insurance Basics
Before heading into the interview with Swiss Re, brush up on fundamental insurance concepts. Understand the different types of insurance products, like life, health, and property insurance, as well as basic terms like underwriting and premiums. This will show your genuine interest in the field and help you articulate your thoughts better.
✨Prepare for Scenario-Based Questions
In insurance internships, interviewers love to liven things up with scenario-based questions. Think about how you’d handle common situations—like a client asking about policy options or presenting a claim. Practising these scenarios will help us feel confident and ready to showcase our problem-solving skills during the interview!
✨Highlight Your Analytical Skills
Insurance relies a lot on data and analysis. Make sure to mention any relevant coursework or projects that involved data interpretation, risk assessment, or financial analysis. We want to show that we can combine our analytical skills with a fresh perspective to contribute to the team at Swiss Re.
✨Show Enthusiasm for Learning
As an intern, your motivation and willingness to learn can be just as impactful as your current knowledge. Be ready to discuss what excites you about the insurance industry and how this internship at Swiss Re fits into your career goals. Let’s convey that we’re eager to soak up as much knowledge as we can during our time there!
