Hiscox Re: Summer Intern 2018 - Portfolio Analytics, London
Hiscox Reinsurance: Summer internship 2018 - Portfolio Analytics, London
The reinsurance division is made up of our underwriting platforms in Bermuda, London and Paris writing reinsurance risks around the world. The team of circa 100 bright, energetic individuals are committed to providing top quality service to brokers and clients across a broad range of reinsurance products. We protect our clients’ assets against natural and man-made disasters, covering everything from earthquake and hurricane damage to cyber and terror attacks around the world. Our approach is simple, we set out to partner with our customers to help solve the problems that will deliver real value; and have an unwavering focus on matching the right blend of innovation and dependability to meet our customer’s ever evolving needs. Our focused and discerning underwriting approach is complemented by a commitment to world class service, and the ability to offer creative solutions to complex problems. We know our people are our biggest asset so finding and retaining top talent is crucial for every role.
The opportunity
We are offering a 10 week summer placement working with our reinsurance analytics team. As a market leading reinsurer, we have a need to have a clear understanding of what drives our risk and where we could expand our presence in the market. The intern will have the opportunity to design an algorithm to optimise the reinsurance portfolio, maximising the theoretical profit while staying within our risk tolerances. Working in conjunction with catastrophe and capital modellers, I.T. developers and underwriting teams across Bermuda, London and Paris the role will have terrific exposure to leaders and experts across Hiscox Re and get a real insight into the workings of a reinsurance business.
What is needed to excel in this opportunity?
- Ambition, self-confidence and the ability to learn quickly; identify problems and propose innovative solutions.
- You will need to be a self-starter with the initiative and courage to stretch yourself out of your comfort zone.
- A curiosity and hunger to learn, absorb and understand new information and concepts.
- Highly analytical, structured and systematic in their thinking style, ability to plan ahead for the end goal.
- High level of attention to detail.
- Be studying a numerate degree such as Maths, Physics, Computer Science or similar.
- Have experience with programming or scripting languages (e.g. SQL, MatLab, C++, Python, R).
- Knowledge of data science or computational algorithms preferred but not required.
Your skills and interests
Our programme is open to current students who are planning to return to undergraduate or postgraduate studies following the internship.
Applications to the internship programme are expected to:
- Be available to carry out the internship in July and August 2018.
- You will share our values, be numerate and demonstrate strong interpersonal skills.
- You will have achieved, or expecting to achieve at least at 2:2 degree or equivalent.
- Have grades B or above in GCSE English and Maths and 280 UCAS points from your top 3 A-levels (not including General Studies), or equivalent.
- Speak and write in fluent business English.
- Penultimate year undergraduates studying at a UK university on a Tier 4 student visa may apply for the Hiscox internship programme. We are unable to accept internship applications from students studying at a non-European university.
Applications and queries
For more information, call +44 (0) 203 179 4500 or email: kb@futureboardconsulting.com
You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)
Please note: Applications close on Tuesday 9th May 2018.
This opportunity is closed to applications.