Intern Central Life Reserving (m/f/d)*

Munich Re's Central Life Reserving (CLR) division oversees the reserving and financial reporting within the Life and Health Reinsurance Portfolio. We ensure consistent reporting, diligent monitoring, and compliance utilizing state-of-the-art tools and technology. Specific topics of the team include the quality assurance and validation of results for North/Latin American and European business units, as well as the consolidation, analyses and reporting of various quarterly and annual valuation results.

Your Job

• Working in the Valuation & IFRS17 Reporting team of Global Oversight
• Provide technical and actuarial support within a diverse team collaborating across geographies
• Automate, enhance and document processes and controls needed to enable results analysis for IFRS 9 and IFRS17 as well as Solvency II
• Automate, enhance and document processes and tools for management reporting under IFRS17
• Support enhancement of guidance provided for the areas within the responsibility of the team
• Proactively identify opportunities for improved efficiency and contribute to knowledge sharing initiatives

Your Profile

• Currently studying towards a University Degree in Actuarial Science, Finance, Statistics, or Mathematics.
• Knowledge of international accounting standards for insurance contracts is an advantage
• Strong software skills and technical proficiency with Excel/VBA, SQL, PowerBI, Python, etc. is a plus
• Excellent interpersonal skills with the ability to communicate effectively with various stakeholders
• Good analytical and conceptual skills, combined with ability to present complex matters in a simple way
• Highly organized and independent with strong time management skills
• Very good command of spoken and written English

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.