Expiry: April 30, 2025

This opportunity is brought to you by the #BlackInterns program, which is a Black Professionals United Kingdom (BPU) initiative. We are committed to creating opportunities for ethnic minority communities across the UK.

In collaboration with Hymans Robertson, this opportunity aims to provide valuable professional experience with the insurance and financial services sector.

Purpose of the role

We are looking for an intern to join as a member of the Core Modelling Team. This team supports the delivery of stochastic modelling services to other modelling teams within Hymans Robertson, and to external clients who buy our services.

We are seeking a motivated and detail-oriented candidate to join our team as a Statistical Modelling Intern. This internship offers an excellent opportunity to gain hands-on experience in developing and testing statistical models for key economic indicators. The intern will work closely with experienced modellers to fit and assess time-series and regression models for data.

Responsibilities 

• Assist in the development of statistical models for key economic indicators.
• Assess the strengths and weaknesses of different model for data.
• Collaborate with team members to interpret model results and provide actionable insights.

Support the team in various data-related tasks and projects.

What are we looking for?

Required

• Currently pursuing or recently completed a degree in a highly numerate field.
• Strong understanding of mathematical and statistical concepts, including time-series analysis and regression models.
• Proficiency in programming languages such as Python or R.
• Experience with data analysis and visualization tools (familiarity with Shiny app development a plus).
• Excellent problem-solving skills and attention to detail.
• Strong communication skills and the ability to work collaboratively in a team environment.

Preferred

• A knowledge of, or interest in, financial economics and an understanding of the features of different asset classes (e.g., equities, gilts, credit, property).
• Exposure to the latest technology and the aptitude to use it to improve existing processes and systems.
• Experience with large (6-12 week) research projects.

Benefits of working at Hymans Robertson

This role offers an ambitious individual fantastic scope to learn and progress. In addition, we offer:

–          Hybrid working arrangements (minimum 2 days in office)

–          A range of formal and informal training and learning opportunities

–          25 days holidays (pro-rata for part-time/ temporary staff) plus Public holidays

REPORTING TO: Risk Modelling Consultant or Analyst

Hours per week:  35 hours

Duration: 12 weeks

Commencing: 2 June 2025

Location: Glasgow preferably (would consider Edinburgh or London)

Remote/Office/Hybrid: Hybrid

SALARY:  circa £450 per week, dependent on experience 

How do I apply?

1.     If you are not already a BPU member, register for free with Black Professionals United Kingdom by following this link: https://blackprofessionals.uk/register

2.     Send a CV (2 pages max) and cover letter (250 words max) to workplacements@blackprofessionals.uk.

3.     In the subject field of your application email, simply type “BPU011 – Name” E.g. If your name is John Mensah, kindly type “BPU011 – John Mensah”