2022 Summer Intern Opportunities
Roles (1): Argus Global Core Intern
Exciting internship opportunity for a hardworking, enthusiastic, self-starter with a multi-national financial services company with operations in Bermuda, Gibraltar, Malta and Canada. You will join our Global Core primarily with our innovation focused internal consulting team "the Center of excellence" and our people focused team "Human Capital and Change". You will experience first-hand Argus' approach to adapting to an ever evolving market place, learn about Argus' products and solutions, have opportunites to develop relevant skillsets and engage with a wide variety of our team, including senior leaders.
Click HERE to learn more about Argus.
Athene Life Re
Roles (7): Actuarial/Finance/Legal, IT and Business Development
Athene Life Re Ltd. ("ALRe"), a Bermuda-based reinsurance company, was incorporated in 2009 as a wholly owned subsidiary of Athene Holding Ltd. ("Athene Holding") and its first operating company. ALRe's core business is fixed annuity reinsurance, hrough which ALRe partners with life and annuity insurance companies to develop solutions to their capital requirements, enhance their presence in the retirement market and improve their financial results.
Gain entry level wok experience at a leading financial services company that issues, reinsurers, and acquires retirement savings products. Successful applicants will join one of our game changing teams including Actuarial, Finance, Legal, IT and Business Development.
Click HERE to learn more about Athene Life Re.
Role (1): Reinsurance Intern
Fortitude Re is Bermuda's largest composite reinsurer with $45b of life, annuity and property and casualty reserves and is focused on building the balance sheet through new transactions. Fortitude Re is headquartered in Bermuda, but also has staff in the U.S.
The Fortitude Re intern will have an opportunity to learn in a start-up environment from talented and experienced actuarial, accounting and legal professionals.
Applicants should be majoring in actuarial science, economics, accounting, legal or finance.
We seek a candidate that is ambitious for a role in the reinsurance sector and has a willingness to work on projects across multiple teams and present findings to senior colleagues. The applicant must have strong communication skills, attention to detail, good organization skills and a strong desire to learn. Proficient in Microsoft software packages is essential.
Clicke HERE for more information on Fortitude Re.
Global Atlantic RE
Role (1): Actuarial, Finance & Operations
GA Re is the Bermuda-based entity of Global Atlantic Financial Group (GAFG). Through its subsidiaries GAFG offers a broad range of retirement, life and reinsurance products designed to help their customers address financial challenges, with confidence. GA Re is a fast paced, collaberative entrepreneurial culture, committed to investing in its people because it believes they are critical to the long-term success of its business.
Applicants should be majoring in Actuarial Science, however consideration will be given to business-related fields (e.g. accounting, finance, insurance, economics, etc.). The successful applicant will work with the Actuarial, Operations and Finance teams and will have opportunities to gain hands-on experience with production processes and entry-level finance functions. Depending on the intern's specific skill set, opportunities may also exist to conduct a research project/present recommendations based on findings, and if tech-savy, to build a technical tool for potential ongoing use within the organization.
Click HERE for more information on Global Atlantic Re Ltd.
Hannover Life Re
Hannover Life Reassurance Co. of America (Bermuda)
Role (1): Actuarial Associate
Actuarial interns are assigned a supervisor who will provide on-the-job training, guidance and feedback throughout the internship period. This structure affords the opportunity to work side-by-side with FSA's, ASA's and other Actuarial Associates. Interns can expect to learn about IFRS accounting principles, the basics of life and health insurance, as well as reinsurance accounting and reserving methods. Interns will also have the opportunity to use actuarial software programs such as Risk Agility, and expand their knowledge of Excel, VBA, SQL, R and other systems. Projects vary and are based on current workload within various departments.
Additionally, as part of the internship experience at Hannover Re, interns will have the opportunity to hone their business communication and interpersonal skills.
The successful applicant must:
- Be in an accredited Bachelor's Degree program in actuarial science, mathematics, statistics of related field
- Concentration in actuarial science, mathematics, statistics or related
- Have a minimum GPA of 3.5; average transcript score/grade report: 75% or higher, in good standing
- Prior internship experience preferred
- Be a 3rd or 4th year student
- Have excellent analytic, communication and leadership skills
- Be proficient in MS Excel and applied statistical proficiency
Click HERE to learn more about Hannover Life Reassurance Co. of America (Bda)
Role: Finance & Accounting (1)
Hannover Re is the third largest reinsurer in the world with 170 locations worldwide. It transacts all lines of property & casulty ("P&C") and life & health ("L&H") reinsurance. In Bermuda, Hannover Re Bermuda Ltd is a BMA regulated dual license insurer.
We are seeking a talented, motivated university student who is committed to maintaining the highest standards of academic achievement. Our trainee will gain valuable work experience while being guided through the various tasks and responsibilities of our business units. The trainee will have the opportunity to work with and learn from a knowledgeable mentor who will coach them throughout the program.
All applicants should include the following information:
- Proof of Bermudian Citizenship of Permnent Residence Certificate
- Cover letter describing career aspirations and why we should consider you for the program
- Unofficial transcrips confirming GPA of 3.0 or higher with good academic standing
Hannovr Re (Bermuda) Ltd. is an equal opportunity employer.
Clich HERE to learn more about Hannovr Re (Bermuda) Ltd.
Role (1): Finance, Risk & Actuarial Assistant
Kuvare Re is committed to building leading insurance companies. Kuvare Re provides a unique combination of distribution, financing and asset management solutions to unlock new growth at established platforms. Our goal is to amplify a company's existing strengths and activate new areas of expansion.
The successful applicant will support actuarial, finance, risk and operational teams on a ad-hoc basis including reviewing monthly financial and transacion results and supporting quarterly financial reporting.
Click HERE to learn more about Kuvare Re.
Legal & General Re
Role (1): Actuarial and Accounting
Legal & General Reinsurance Company Limited (L&G Re) is the global reinsurance hub of the Legal & General Group, headquartered in the UK.. We specialize in the reinsurance of annuity, longevity and mortality risks by providing bespoke solutions to meet the risk and capital management needs of our clients.
L&G Re is based in Bermuda and engages with clients located in strategic territories across the globe. We are licensed by the Bermuda Monetary Authority and have credit ratings of AA- from Standard & Poor's and AA- from Fitch. We have a strong balance sheet with 29.7 billion of assets under management at 31 December 2020.
What our internship provides:
- Challenging projucts that support the Company's objectives.
- Exposure to a variety of departments including Pricing, Actuarial Reporting, Finance, Investments etc.
- Collaboration with managers who have excellent business acumen.
- Opportunities to interact with the senior leadership team.
- Group activities, including virtual networking events and volunteer activities.
The successful applicant must:
- Be actively pursuing a degree in math, acturial science, accounting or other financial related field.
- Demonstrate creative thinking, flexibility, and individual initiative.
- Possess self-motivation and a desire to take responsibility for personal growth and career development.
- Be competent in Excel.
Click HERE to learn more about Legal and General Re.
Pacific Life Re
The successful applicant will receive first-hand experience of global life reinsurance business planning and capital management. Learn actuarial software and analytical techniques we use to generate strategic insights into our business which covers multiple products in territories such as USA, Asia, AUS and europe.
Click HERE to learn more about Pacific Life Re.
Sun Life International
Sun Life International is headquartered in Bermuda, offering life insurance solutions for High-Net-Worth Clients around the world.
The Sun Life International Interns may have the opportunity to gain experience across our departments including Operations, Actuarial, Underwriting, Reinsurance, Distribution and Finance.
Click HERE to learn more and to apply.
Resolution Re Ltd. is a specialist life reinsurance company based in Bermuda and part of the Resolution Life Group of Companies. Founded in 2018, we help global insuance groups to pursue growth and innovate new products by allowing them to release capital and remove costs stranded in their legacy insurance portfolios.
This intern role represents an exciting opportunity to be part of a fast-paced, exciting and collaborative workplace, working with experienced actuaries, accountants, investment and compliance professionals.
At Resolution Re, you will find real work experience, a positive and diverse work environment and exposure to how an agile and data driven company works.
The successful applicant will assist the Bermuda team in areas (depending on your field of interest) such as the production and analysis of financial results and conducting and supporting actuarial analysis. In addition, you will have an opportunity to complete a research project of relevance to the business. You likely will be pursuing a degree in maths, actuarial science, data science, accounting, economics or other relevant businees field.
Click HERE for more information on Resolution Life.
Role (2): Underwriting & New Business Assistant Trainee and Product and Distribution Analyst
Underwriting & New Business Assistant Trainee
Support Chief Underwriting Officer with underwriting and new business initiatives. Reviewing underwriting applications to capture specific data for underwriting purposes, prepare reports on underwriting and new business activity. Support on digitization projects, presentations and traning preparation with defined tasks as required.
Product and Distribution Analyst
Support Chief Commercial Officer with Product and Distribution initiatives. Reviewing, capturing, and reporting on global individual life insurance product information and features. Ensuring accurate broker contact information and activity is updated timely within the CRM system.
Clich HERE to learn more about Triangle Life.
Role (1): Actuarial
Wilton Re Bermuda, a Class E licensed Bermuda reinsurer, is part of the Wilton group of companies, which specializes in the acquisition of inforce blocks of life and annuities. The company is an A-rated reinsurer committed to creating solutions that enhance value for its clients, policyholders and shareholders.
The successful applicant must be:
- a university student majoring in mathematics or actuarial science
- interested in pursuing actuarial exams
- competent in Excel, Outlook and Word (PowerPoint a plus)
Click HERE to learn more about Wilton Re Bermuda.
Role: Accounting, actuarial (2)
Interns will be assisting with monthyly analysis and compilation of financial reports: US GAAP accounts; management accounts; review of cedent's settlement reports and maintenance and compliance of internal control processes.
Click HERE to learn more about 777Re.
Role: Accounting Assistant (2)
In this intern position you will provide accounting and administrative services to a portfolio of commercial (re)insurance clients, assist with financial statements, assist in monitoring regulatory compliance of clients, and provide support to our commercial and captive client team.
Click HERE to learn more about Artex Risk Solutions.