Underwriting/Actuarial Intern

Company Description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

View  Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.

We are always looking for bright, proactive individuals to join our team!

Please follow our Careers page for all updates on new positions. We look forward to receiving your application.

PartnerRe is an equal opportunities employer.

Please join our company LinkedIn Page for all updates on new positions that are coming live.

Additional Perks

Enjoy a range of additional perks such as on-site amenities, social events, Employee Resource Groups, and more.

Compensation:

This position pays $841 weekly (35 hour work week), and $480 for a 20-hour work week. 

This position is eligible for overtime compensation. 

Job Description

We are seeking three interns to join our Pricing & Reserving US Health team in Minneapolis.

Intern 1:

· Start date: June 1st, 2027. End date: December 16th, 2027.

. 35 hours per week, June 1st through August 27th.

. 20 hours per week, August 30th through December 16th

Intern 2:

. Same as Intern 1

Intern 3:

· Start date: August 31st, 2027. End date: December 16th, 2027.

. 20 hours per week.

PartnerRe offers a hybrid work environment. During the full-time portion of the internship, interns are expected to work in the office Tuesday through Thursday. During the part-time portion, interns are expected to work in the office at least one day per week for a minimum of four hours, on Tuesday, Wednesday, or Thursday.

Roles and Responsibilities

• Manage underwriting pipeline activity for new and renewal business
• Identify missing or incomplete information in Request for Proposals (RFPs)
• Utilize pricing model to develop manual and experience rates for excess medical business
• Assist in Key Performance Indicator tracking, including close ratio, persistency, and RFP volume
• Ensure work product is compliant with internal guidelines
• Complete additional actuarial projects as required, such as "laser" analysis, experience studies, and support in the population of the RFP database

Qualifications

• Currently enrolled in a bachelor's or graduate degree program.
• Since the insurance industry offers complex, dynamic, and exciting positions, we welcome candidates who have various majors, backgrounds, and experiences. We are most interested in students who are serious about entering the Insurance industry and those majoring in Mathematics, Actuarial Science, Statistics, Risk Management or similar disciplines.
• Keen to learn and pay attention to detail.
• Strong analytical skills and proficiency in using Microsoft Excel.
• Strong organizational skills, ability to prioritize and multi-task.
• Strong work ethic and a desire to succeed.
• Highly collaborative and versatile, with the ability to work effectively both independently and as part of a team.
• Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction.

Additional Information

#LI-Hybrid:

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best.  We invite you to  learn more about D&I at PartnerRe.

Transcription Notice:  PartnerRe may use artificial intelligence to support our recruitment professionals in the administrative aspects of recruitment, including transcribing, summarizing, and organizing information discussed during interviews and to help identify relevant qualifications.

If you do not wish the conversation to be transcribed, please let your recruiter know at the start of the interview. Whether or not you agree to the use of interview transcription will not be taken into account when reviewing your application or making a hiring decision.

Thank you,

PartnerRe Hiring Team