Catastrophe Risk Intern (Exposure Management)

Who Are Canopius?

Canopius is a global speciality (re)insurer with underwriting operations in Australia, Bermuda, Singapore, the UK and US. They are privately owned and one of the leading insurers in the Lloyd’s of London insurance market. 

At Canopius they foster a distinctive, positive culture which enables them to bring their whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

Who Are The Exposure Management Team?

The Exposure Management team plays a key role in helping the business understand, manage, and control catastrophe risk across its global portfolio. 

The team works closely with: 

• Underwriters to assess and price risk 
• Actuarial and risk teams to support portfolio oversight 

• External partners and tools to model and analyse catastrophe exposures 

   

You will gain insight into how risk is quantified, managed, and communicated across the organisation, and how this supports both strategic and day-to-day underwriting decisions.

What Is The Role?

We are seeking a curious and analytically minded Catastrophe Risk Intern to join our Exposure Management team. This internship offers a unique opportunity to gain hands-on experience in how insurers assess and manage catastrophe risk across a global portfolio. 

During your internship, you will work alongside catastrophe risk analysts and underwriters, supporting a range of analytical and reporting activities. You will gain insight into how catastrophe models are used, how risk exposures are monitored, and how data supports underwriting decisions. 

This role will give you exposure to different lines of business and the opportunity to contribute to real work during key periods, providing a broad understanding of exposure management within a global (re)insurer. 

By the end of your placement, you will have developed a strong foundation in catastrophe risk and how it supports underwriting strategy and portfolio management.

Responsibilities will include:

• Supporting the preparation of catastrophe risk metrics and analysis for underwriting teams 
• Assisting with data validation, aggregation, and reporting of risk exposures 
• Supporting the production of regular (e.g. monthly/quarterly) exposure reports 
• Assisting with analysis to understand changes in portfolio risk over time 
• Supporting the use of catastrophe modelling tools and internal systems 
• Collaborating with underwriters and other teams on exposure-related queries 
• Assisting with ad-hoc analysis and projects during key underwriting periods 
• Supporting process improvement or automation initiatives within the team

What Will You Gain?

This internship is designed to combine practical experience with meaningful exposure to catastrophe risk modelling and analysis. 

You will: 

• Gain an understanding of how catastrophe risks (e.g. natural disasters) are assessed and modelled 
• Build analytical capability through working with exposure data, reports, and modelling outputs 
• Learn how risk insights are used to support underwriting and business decision-making 
• Gain exposure to catastrophe modelling tools and reporting platforms 
• Understand how exposure is monitored across portfolios and different classes of business 
• Develop experience collaborating with underwriting teams and other stakeholders

What Skills Are We Looking For?

We do not expect prior experience in insurance. Instead, we look for individuals who demonstrate the following behaviours and potential: 

• Curiosity and learning mindset – Demonstrate a genuine interest in understanding how businesses operate, asks thoughtful questions, and is motivated to learn and develop new knowledge 
• Communication – Shares ideas clearly and effectively, both verbally and in writing, and is comfortable engaging with colleagues at different levels 
• Collaboration and teamwork – Works well with others, contributes positively to team activities, and builds effective working relationships 
• Organisation and attention to detail – Manages tasks in a structured way, keeps track of responsibilities, and produces accurate, high-quality work 
• Problem solving and analytical thinking – Approaches tasks with a logical mindset, can interpret information, and shows an interest in using data to support decisions
• Proactivity and ownership – Take initiative, is willing to get involved, and follows tasks through to completion 
• Adaptability – Responds positively to new challenges, is open to change, and is comfortable working in a dynamic environment 
• Positive attitude – Brings energy and enthusiasm to the role, shows resilience when facing challenges, and is open to feedback and continuous improvement

• Collaboration and teamwork - Works effectively with others to achieve shared goals 
• Continuous improvement - Identifies opportunities to improve processes and ways of working 
• Innovation - Contributes ideas and new approaches to enhance outcomes 
• Stakeholder engagement - Builds relationships and communicates effectively with a range of stakeholders

Sanctuary Graduates & Apprentices, and Canopius are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.