Actuarial Intern P&C (6 months)

Swiss Re; Toronto; On-site; CAD 30,000 - 41,000; Part time

Job summary

Swiss Re in Toronto is seeking an Actuarial Intern for a six-month program (negotiable based on availability, minimum four months) starting January 2027. You will gain hands-on actuarial experience in the P&C sector, working with mentors who are passionate about developing the next generation of actuarial talent.

You’ll contribute to statutory reporting, regulatory workpapers, and process improvements while applying classroom knowledge in a professional setting within a collaborative team

Qualifications

• Pursuing or recently completed relevant degree in Actuarial Science, Mathematics, Statistics or related field.
• Strong Excel skills and VBA programming ability.
• Progress in actuarial exams and ongoing professional development.
• Strong analytical skills and attention to detail.
• Effective communication and collaboration in cross-functional teams.

Responsibilities

• Year-end and quarterly statutory reserve reporting and supporting analyses.
• Schedule P and other regulatory reporting workpapers.
• Reserve roll-forwards, variance analysis, and documentation support.
• Regulatory reporting simplification and automation to meet deadlines.
• Process documentation, workflow standardization, and control activities.

Skills

Excel

VB/VBA

Analytical thinking

Communication

Education

Bachelor's degree in Actuarial Science/Math/Stats

Tools

R

Python

Power BI

Job description

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Launch your actuarial career with an exciting six-month (preferred but negotiable depending on candidate's availability, four-month minimum) internship at our Canadian office in Toronto starting from January 2027! This is your chance to gain hands-on experience in the P&C (Property & Casualty) sector while working alongside industry professionals who are passionate about mentoring the next generation of actuarial talent. You'll develop valuable skills, build your professional network, and apply your academic knowledge to real-world challenges.

About the Role

As an Actuarial Intern reporting directly to our P&C Appointed Actuary, you'll be immersed in meaningful work that contributes to our company's success while developing your technical and professional capabilities in a supportive environment.

Key Responsibilities

• Year-end and quarterly statutory reserve reporting and supporting analyses


• Schedule P and other regulatory reporting workpapers


• Reserve roll-forwards, variance analysis, and documentation support


• Working file and regulatory reporting simplification and automation so that statutory deadlines can be met


• Process documentation, workflow standardization, and control activities

About the Team

You'll join our dynamic P&C Actuarial team based in Toronto, working in a collaborative environment where innovation and analytical thinking are valued. Our team plays a crucial role in the company's financial reporting, risk assessment, and strategic planning, providing you with exposure to various aspects of the actuarial profession while supporting your professional development.

About You

You're a motivated student with a passion for numbers, problem-solving, and learning. You thrive when facing complex challenges and are eager to apply your academic knowledge in a professional setting. You're detail-oriented yet can see the big picture, and you're excited about building a career in the actuarial field.

We are looking for candidates who meet these requirements:

• Currently pursuing or recently completed a Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field


• Excellent working knowledge of MS Excel, with Visual Basic Programming capabilities


• Demonstrated progress in actuarial exams


• Strong analytical skills with meticulous attention to detail


• Effective communication skills and ability to collaborate in cross-functional teams

These are additional nice to haves:

• Experience with R, Python, Power BI, or other database management tools


• Previous internship experience in insurance, finance, or related fields


• Knowledge of IFRS 17 concepts


• Proactive learning style with intellectual curiosity


• Ability to manage multiple priorities in a fast-paced environment

About Swiss Re

Swiss Re is one of the world's 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.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

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.

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