Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service.

About Role

Internship:CatastropheResearch & Development

Location:Edina, MN

Salary: $25/hr + overtime
Deadline to apply:Friday 16th October

Introduction

Working with our reinsurance team in North America you’ll learn more about applying business analytics, ML/AI, and creative data visualization to tackle complex problems for clients and the insurance industry as a whole, risk mitigation solutions and doing real work for Howden Re's current and prospective clients.

What you’ll be doing

Reinsurance is a complex world; the easiest way to think about it is that it’s insurance for the insurers. Working with our teams,you’ll help insurance companies protect their futures, and the people they insure.

The Howden Re Decision Support Team (Modeling and Analytics) is unmatched in the industry in facilitating catastrophe reinsurance placements while also being integrally embedded within our clients' operations. Howden Re employs cutting edge technology in a collaborative environment; striving always to develop solutions and present ideas that align with our clients' core philosophy of profitable growth.

As a Catastrophe R&D Intern, you will collaborate both internally and externally with analysts and senior executives.

On a day-to-day basis you’ll:

Assist in analysis projects under guidance of senior catastrophe modelers.

Gather, organize and review data relevant to catastrophe model validation.

Perform analyses to extract data sets that can be used to calculate the client's risk exposure.

Assist senior R&D team members in preparing and formatting summaries, presentations, and reports in order to convey potential risk and loss results for clients.

Research and summarize industry publications and scientific papers of specific or regional perils in order to provide additional sources of information used for analyses and client reports

Who we’re looking for

You’ll be working towards a Bachelor’s or advanceddegree inin Mathematics, Statistics, Computer Science, Engineering, Meteorology, or similar analytical / science major.You’ll be able to clearly communicate your thoughts and ideas both in writing and in person. And be able to handle multiple tasks and projects at the same time in a client service, deadline-driven environment.

You will:

Be actively pursuing a Bachelor’s degree or advanced degree in Mathematics, Statistics, Computer Science, Engineering, Meteorology, or similar analytical / science major

Have a GPAof 3.0+

Have a high achieving academic record in program major and summer internships or other work experience

Be proficient in Excel, Word, and PowerPoint

Possess the ability to work independently or within a team based on work demands

Pay close attention todetail, because every small detail matters

Have a keen ability to organize

Legally authorized to work in the US

Our Application process

Our application process is designed to help you show your potential, not to test what you already know!

Online application form: to make sure you’re eligible for the internship, and to upload a resume.

Pre-recorded video interview: You’ll record your answers to a few questions using your phone or laptop, giving you the chance to tell us more about yourself in your own time in a relaxed setting.

Assessment center: Our final stage is an assessment center, which will ideally be in-person, but may be virtual. You'll take part in some fun group activities and meet our team in a relaxed setting. This day is all about getting to know you better and for you to see what it's like to be part of Howden and experience our culture.

Different perspectives make us better

At Howden, we’re committed to fair opportunity, inclusive teams and a culture where everyone belongs. We value people of all backgrounds, identities and experiences. We make sure everyone has the chance to succeed. If you bring who you really are, we’ll help you to go further.

We believe in equal opportunities for all employees, regardless of race, religion, gender, age, sexual orientation or disability. And as a Disability Confident employer, we’re committed to removing barriers and supporting you to do your best work. If you need any adjustments during the application process or in the role, just let us know. We’re here to help.

What we offer:

A career that you define. We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

Working at Howden Re:

At Howden Re, we’re on a mission to do things differently. Our no silo approach, elite team, and clear focus on innovation and relentless execution means our clients are at the heart of all we do.

As a big 4 global reinsurance broker, we deliberately avoid the one-size-fits-all approach, committing to creating bespoke solutions that address the unique challenges of a modern and dynamic marketplace. Our team is empowered to drive progress, creating opportunities for career and personal development, unlocking new value for clients, fostering long-term partnerships, and using the collective power of Howden to change how the world sees risk and insurance.

EEO Statement:

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. Howden North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Howden North America will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

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