Hybrid Risk Modeling Intern: Build Catastrophe Models

Munich Reinsurance America, Inc; Hartford (CT); Hybrid; USD 28,000 - 34,000; Part time

Benefits offered by this job

Hybrid work schedule

Potential full-time opportunities

Networking with leadership

Job summary

Hartford Steam Boiler (HSB), a Munich Re company, invites applications for a Risk Modeling Intern. The program runs part-time beginning January 2027 and transitions to full-time over an 11-week summer period (May–August) at our Hartford, CT office.

You will help assess major events’ impact on insured equipment and portfolios using stochastic models and simulations. You will work with catastrophe and accumulation modeling teams, gain exposure to insurance risk concepts, and have potential

Qualifications

• MS or PhD candidate in a quantitative field with coursework in probability and risk analysis.
• Experience or coursework in simulation and stochastic modeling required.
• Strong programming, data handling, and ability to communicate results to stakeholders.

Responsibilities

• Support design, development, and evaluation of simulation and stochastic models for equipment breakdown, cyber, and related insurance products.
• Analyze exposure and loss data, test model assumptions, and communicate results to technical and business audiences.
• Collaborate with catastrophe and accumulation modeling teams in Hartford, CT, with a hybrid work schedule.

Skills

Probability and statistics

Monte Carlo simulations

Python

SQL

Data preparation

Model validation

Communication of technical results

Visualization

Cyber/insurance concepts familiarity

Education

MS or PhD in Actuarial Science

Statistics or Mathematics

Related quantitative fields

Tools

Python

R

Git

Job description

Hartford Steam Boiler (HSB), a Munich Re company, invites applications for a Risk Modeling Intern. The program runs part-time beginning January 2027 and transitions to full-time over an 11-week summer period (May–August) at our Hartford, CT office.

You will help assess major events’ impact on insured equipment and portfolios using stochastic models and simulations. You will work with catastrophe and accumulation modeling teams, gain exposure to insurance risk concepts, and have potential