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 16thOctober
Introduction
Working with ourreinsurance team in North Americayou’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 solutionsand doing real work forHowden Re's current and prospective clients.
What you’llbe doing
Reinsurance is a complex world;the easiest way to think about it is that it’sinsurance for the insurers. Working with our teams,you’llhelp 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 facilitatingcatastrophe reinsurance placements while also being integrally embedded within our clients' operations. Howden Re employs cutting edgetechnology 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-daybasis you’ll:
Assist in analysis projects under guidanceof senior catastrophe modelers.
Gather, organizeand review data relevant to catastrophe model validation.
Perform analyses to extract data sets that can be used to calculate the client's risk exposure.
Assistsenior R&D team members in preparing and formatting summaries, presentations, and reports in order toconvey potential risk and lossresults for clients.
Research and summarize industry publications and scientific papers of specific or regional perils in order toprovide additionalsources of information used for analyses and client reports
Who we’relooking for
You’llbe working towards a Bachelor’sor advanceddegreeinin Mathematics, Statistics, Computer Science, Engineering, Meteorology, or similar analytical / science major.You’llbe 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’sdegreeor advanced degree in Mathematics, Statistics, Computer Science, Engineering, Meteorology, or similar analytical / science major
Be a rising senior (graduating in December 2027 or by June 2028)
Have a GPAof 3.0+
Have a high achieving academic record in program major and summer internships or other work experience
Beproficient in Excel, Word, and PowerPoint
Possess the ability to work independently or within a team based on work demands
Payclose attention todetail, becauseevery small detail matters
Have a keen ability to organize
Legally authorized to work in the US
Different perspectives make us better
At Howden, we’recommitted to fair opportunity, inclusive teamsand a culture where everyone belongs. We value people of all backgrounds, identitiesand experiences. We make sure everyone has the chance to succeed. If you bring who you really are, we’llhelp you to go further.
We believe in equal opportunities for all employees, regardless of race, religion, gender, age, sexual orientationor disability. And as a Disability Confident employer, we’recommitted 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’rehere to help.
What we offer:
A career that you define. We provide an environment where new ideasare 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’reon 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 participatein the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
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