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Actuarial Systems Development Intern (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode On-site Job level Internship & working student Job ID 10139 Company Munich Re Employment type Temporary Area of expertise Actuarial & Risk Management
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In the Central Life Reserving (CLR) division, specifically working in the Operations and Analytics department of Global Oversight. 

The Central Life Reserving Global Oversight team is responsible for the governance and reporting of Munich Re’s global Life and Health (LH) Reinsurance portfolio. CLR also manages all operations and reporting tools related to the centralized part of Group and Local IFRS17 reporting.

Your Job

  • Provide technical and actuarial support within a diverse team collaborating across geographies as well as central and local functions
  • Support results analysis and preparing management presentations
  • Automate, enhance and document end-to-end processes and controls needed to enable valuation closings, results analysis and management reporting under IFRS17
  • Proactively identify opportunities for improved efficiency, including the enhancement of existing reporting tools and development of new tools where necessary

Your Profile

  • Currently studying towards a University Degree in Actuarial Science, Finance, Statistics, or Mathematics.
  • Nice to have strong software skills and technical proficiency with Excel/VBA, SQL, PowerBI, Python, etc.
  • 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

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

Nina Hartmuth/Oksana Kern/Silke Rößler • 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.

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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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