About the role#
As a Risk Modeling Intern at HSB, a Munich Re company, you will join the catastrophe and accumulation modeling team. You will assess how major events impact insured equipment, businesses, and portfolios. This role involves a hybrid work schedule based in Hartford, Connecticut, starting part-time in January 2027 and moving to a full-time schedule for 11 weeks during the summer.
What you'll do#
- Design, develop, and evaluate simulation and stochastic models for specialty insurance products like cyber coverage and equipment breakdown.
- Analyze exposure and loss data to support risk assessments.
- Test model assumptions and validate findings.
- Communicate technical results to both business and technical stakeholders.
- Participate in community outreach and professional development activities.
What you'll need#
- Current enrollment in an MS or PhD program for Actuarial Science, Statistics, Mathematics, Physics, Electrical Engineering, Computer Science, or a related quantitative field. Exceptional undergraduates with significant modeling experience are also encouraged to apply.
- A strong foundation in probability, statistics, and mathematical modeling.
- Experience with simulation design, including Monte Carlo methods, and assessing model uncertainty.
- Proficiency in Python (preferred) or R and working knowledge of SQL.
- Experience with data preparation, statistical analysis, and visualization.
- Coursework or research in stochastic processes, simulation, or risk analysis.
- Ability to explain technical findings to diverse audiences.
Location & details#
- Location: Hartford, CT.
- Terms: Winter 2027 and Summer 2027.
- Work Modality: Hybrid, with expectations to work on-site in the office.
- This is a paid internship.
About Munich Re
Munich Re provides reinsurance, primary insurance, and risk solutions to clients globally. Founded in 1880 and based in Munich, the company operates through its reinsurance and ERGO business segments alongside its capital investment arm, MEAG. It covers a range of risks including cyber threats, renewable energy, and property insurance. The organization employs over 10,000 people and maintains a focus on risk assessment and digital transformation.
How to get in at Munich Re
Securing an internship at Munich Re requires speed because early applicants often get seen before the pile grows. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you can apply among the first. This helps you avoid the frustration of submitting your resume to a crowded queue that has already been reviewed by the team. You can also improve your chances by reaching out to the right people. Intern Insider surfaces the recruiters behind the company roles so you can contact them directly to ask about the position or a referral. This direct approach often leads to better response rates than relying on automated systems alone.
