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Summer Leadership Development Intern - Underwriting

Location Princeton, United States Job type Full-Time Work mode Hybrid Job level Internship & working student Job ID 10105 Company Munich Re America Services Employment type Temporary Area of expertise Actuarial & Risk Management
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Summer Leadership Development Re/Insurance Internship - Underwriting

*Applicants requiring employer sponsorship of a visa will not be considered for this position.

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity

Munich Re’s Summer Leadership Development Program (SLDP) is an immersive 12-week internship designed to expose students to our industry-leading practices. Applicants should be rising seniors interested in pursuing fulltime careers in the insurance industry. SLDP interns are entrusted to work on real-time business activities and projects, and are treated as valued members of the Munich Re team. The internship provides foundational experiences in key insurance and/or reinsurance units (e.g. underwriting, risk management, claims, data, marketing, etc.) to build technical skills through engaging and meaningful project work. Interns also strengthen their professional and personal skills via meetings with senior leaders, networking with colleagues, involvement in volunteer opportunities, and conversations with their paired mentors. Hear from one of our past SLDP interns at the following link: https://youtu.be/Y_FhVHz_4mA

SLDP interns will work from 1 of 5 possible locations: Princeton, NJ; New York City, NY; Philadelphia, PA;  Chicago, IL or Atlanta, GA. While we consider interns’ location preferences, applicants should be open to all five cities as placement will ultimately depend on business need. The base range for this internship will be $25- $27 per hour.  

Qualifications :

The Summer Leadership Development Program internship is only open to students who are in their junior year of an undergraduate program or in their first year of a graduate degree program and have:

•    GPA 3.25 and above

•    Superior communication skills (oral and written)

•    High emotional intelligence

•    Strong analytical capabilities

•    Ability to think strategically and function tactically

•    Tech savviness

•    Innate curiosity and self-motivation

•    Demonstrated leadership abilities in college or community activities

•    Flexible work style with ability and willingness to work independently, with in-person colleagues, and as part of remote teams

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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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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