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About the Role
This hybrid role places you at the heart of our business activities, bridging applied mathematics and the business of climate risk. You will contribute directly to pricing tailor-made parametric coverage for demanding global clients within short execution timelines. It is a highly collaborative position where you will master natural catastrophe risks by working daily with internal technical and commercial teams, our external network of brokers, and nurturing relationships with clients.
Responsibilities
- Build and refine statistical and applied mathematics models in Python to evaluate natural perils, shaping them into actionable pricing metrics.
- Analyze large datasets to structure, price, and customize parametric insurance proposals addressing financial and operational risks of international corporate and public sector clients.
- Translate complex modeling results into clear business propositions and gather feedback to fine-tune insurance coverage.
- Partner closely with Software, Commercial, and Legal teams to transform client requirements into robust and scalable insurance solutions and product documentation.
Requirements
- Student from universities or engineering schools with a specialization in applied mathematics, actuarial science, climate & meteorological studies, computer science or/and data science for business.
- Ideally a previous professional experience (internship) in data science, insurance or climate modelling.
Skills
- Proficiency in Python (e.g. pandas, numpy, scikit-learn)
- Highly skilled in statistics, probabilities, applied mathematics
- Eye for quality and attention to detail
- Fluency in English (written and verbal communication)
- Good command of one additional language (e.g. Chinese, French, Italian, German, Spanish...) is valued.
Location
- Hybrid
Work Type
- Internship
- 6-month end-of-studies internship
Experience Level
- Intern
Education Level
- University or engineering school student
Salary/Compensations
- Competitive internship stipend
Benefits
- Meal vouchers (Swile)
- 60% public transport reimbursement
About the Company
- Descartes is a corporate insurance group for worldwide companies and institutions.
- Descartes utilizes cutting-edge technology combined with a new generation of data sources, to model, assess and manage risks.
- Since 2019, Descartes has secured a leading position in parametric (re)insurance combining scientific & technological expertise with a new approach.
- Parametric insurance indemnifies clients within days based on pre-defined payout structures when a specific triggering event occurs.
- The company has been financed with over $141M by investors including Highland Europe, BlackFin, Serena, Cathay, Eurazeo and Battery Ventures.
- Our highly diverse and specialized team of 250+ people includes the largest modelling team in the industry featuring tech and modeling innovators, scientists in physics and climatology, as well as insurance veterans and underwriters.
- With a global footprint and strong US presence, Descartes serves a diverse portfolio of clients in more than 60 countries, with 20+ offices spread across Europe, Asia-Pacific, Latin and North America.
Equal Opportunity
- At Descartes Underwriting, we cherish value of diversity whatever it may be.
- We are committed to fighting against all forms of discrimination and for equal opportunities.
- We foster an inclusive work environment that respects all differences.
- With equal skills, all our positions are open to people with disabilities.