Catastrophe Research & Development Intern

Howden

Edina (MN)

On-site

USD 30,000 - 39,000

Part time

10 days ago
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Job summary

Howden Re’s North America catastrophe research internship in Edina, MN offers hands-on exposure to analytics, ML/AI, and data visualization for client-facing risk assessments.

You will collaborate with analysts and senior executives, assisting in model analysis, data gathering, and reporting to communicate risk and loss estimates to clients.

Qualifications

  • Pursuing a Bachelor’s or advanced degree in Mathematics, Statistics, CS, Engineering, Meteorology, or similar.
  • Maintain a GPA of 3.0+ (or higher).
  • Strong academic record with internships or other work experience.
  • Proficient in Excel, Word, and PowerPoint.
  • Ability to work independently or within a team.
  • Pay close attention to detail and be organized.

Responsibilities

  • Assist in analysis projects under guidance of senior catastrophe modelers.
  • Gather, organize and review data relevant to catastrophe model validation.
  • Perform analyses to calculate the client’s risk exposure.
  • Prepare and format summaries, presentations, and reports for clients.
  • Research industry publications and papers to support analyses and client reports.

Skills

Analytical thinking
Multi-tasking
Communication
Independent work

Education

Bachelor’s or advanced degree in Mathematics/Statistics/CS/Engineering/Meteorology

Tools

Excel
Word
PowerPoint

Job description

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: Catastrophe Research & 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 advanced degree in in 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 GPA of 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 to detail, because every small detail matters

  • Have a keen ability to organize

  • Legally authorized to work in the US

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‑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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Overtime pay