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Internship AI and Data Analytics in Group Alternative Investments (m/f/d)*

Location Munich, Germany Job type Full-Time / Part-Time Work mode On-site Job level Internship & Working Student Job ID 11809 Company Munich Re Employment type Temporary Area of expertise Asset & Investment Management
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The Group Investment Management (GIM) division is responsible for managing the proprietary Munich Re and ERGO investment portfolio of around €230bn. Within the business unit Alternative Investment and Asset manager selection of GIM the Financial Assets & Solutions department (GIM1.3.2) is modeling the behavior of illiquid/alternative asset classes, determines the optimal asset allocation in alternative assets and supports investment managers and the asset manager selection team with quantitative methods. The methods used range from time series analysis, cash flow modeling, investment portfolio optimization up to use of Large Language Models for analysis of unstructured data.

Within this exciting environment you will support the team as an intern within the alternative assets department “Financial Assets & Solutions“, in developing AI-driven methods, models and processes for an analysis of illiquid investments.

Your Job

  • Optimization of existing and development of new text analysis tools
  • Extracting structured data from unstructured sources using LLMs for automation
  • Data intake from in-house databases and integration of third party data sources
  • Participating in projects at the intersection of AI, data analytics, and investment topics
  • Visualization of results in a dashboard format to support investment managers in their decision-making

Your Profile

  • Student in Computer Science, Data Science, Mathematics, or a comparable field
  • Strong programming skills, especially in Python, are a prerequisite
  • Well-maintained Git repository is of advantage
  • Very good knowledge and strong interest in Machine Learning and Artificial Intelligence, in particular Natural Language Processing, Large Language Models, and their application to unstructured data
  • Familiarity with Databricks and Power BI is beneficial
  • Basic knowledge of or interest in financial mathematics

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 16,000 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. You can find some examples below.

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


* 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.

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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