Valuation Actuary Intern

Munich Re's Central Life Reserving (CLR) division oversees the reserving and financial reporting within the Life and Health Reinsurance Portfolio. Our team plays a crucial role in Life and Health Reinsurance's success by providing reliable valuations and insightful analysis. As a global, diverse, and inclusive community, we relentlessly pursue excellence to support informed decision-making in the Life & Health Reinsurance business. We ensure consistent reporting, diligent monitoring, and compliance utilizing state-of-the-art tools and technology. By fostering collaboration across regions and cultures, we cultivate leaders and experts while driving our mission forward.

Your Job

• Support us in our goal to be more efficient by automating our reporting tools
• Enhance our analytics of Solvency II reserves and risk capital
• Further development of our Risk calculation kernel
• Documentation of CLR reporting process
• Assistance in ad-hoc risk model topics

Your Profile

• Analytical and conceptual skill
• Innovative and solution-oriented approach
• Strong communication and interpersonal skills
• Basic actuarial knowledge is an advantage
• Very good command of spoken and written English in addition to the willingness to work in an international environment
• Microsoft Office, especially Excel is a must as well as the capability of programming either in Matlab, Python or R. VBA, Power BI and SQL is a plus

Students from countries outside the EU require a German residence-/work permit. The first master's degree may not have been completed before/during the entire internship.

About Us
As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. Sounds like you? Push boundaries with us and be part of Munich Re. Our employees are our greatest strength. That's why we offer them a wide range of benefits.

Unlock your potential

• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Münchener Rückversicherungs-Gesellschaft
Silke Rößler / Oksana Kern / Nina Hartmuth

• Coordination Students Program Königinstraße 107
• 80802 München
• GERMANY
• Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunity employer. Severely disabled candidates will also be prioritised, if equally qualified.