Actuarial Analyst Intern

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: Actuarial Analyst


Location: New York, NY/Edina, MN
Salary: Up to $30/hr (+ an additional $1 per passed exam) + overtime
Apply by: Friday 16th October


Introduction

You'll join an energetic, quantitative, client-facing team that specializes in creating and executing P&C reserve solutions including creating client submissions, working on loss portfolio transfers, and capital modeling. The team is small but diverse with unlimited opportunity to learn, advance, and take on responsibility.


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.


You'll work across analytics, brokers, and other functions to identify and respond to client needs and develop additional opportunities related to products and services. Once you've collected the data, manipulated it in spreadsheets and other database applications, you'll then prepare client-ready presentations to communicate analysis results to brokers and clients.


In addition you'll also:

• Understand reinsurance contracts and products (terminology, terms and conditions)

• Manage workflow proactively and take initiative on internal projects to improve processes, products or services

• Take ownership and responsibility for quality, accuracy and timely completion of analyses

• Willingness to be part of Howden Re's "Team First" culture and to offer help to others without prompting

Who we're looking for

You'll be actively pursuing a bachelor's degree from a four-year college or university with a 3.0 or higher graduating GPA; an advanced degree would be nice, but not a requirement.


You will:

• Be actively pursuing a bachelor's degree from a four-year college or university with a GPA of 3.0 or higher

• Be proficient in Excel, Word, and PowerPoint

• Pay close attention to detail, because every small detail matters

• Legally authorized to work in the US

Nice to have (but not expected)

• Advanced degree

• Experience in the (re)insurance industry

• Completion of Actuarial exam(s) or be actively studying for an exam

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.


When you join Howden Re, you become part of a vibrant and entrepreneurial workplace culture that prioritizes collaboration, ownership, and shared success. Here, your contributions will directly impact our mission to be the global partner of choice in reinsurance and strategic advisory.


Be a part of Howden Re's exciting journey. Together, we are shaping the future of reinsurance.


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.