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Actuarial Intern, Central Life Reserving (Automation)

Location Singapore, Singapore Job type Full-Time Work mode Hybrid Job level Internship & Working Student Job ID 12333 Company Munich Re Employment type Temporary Area of expertise Actuarial & Risk Management
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Munich Re Group is one of the world’s leading providers of reinsurance. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high-net worth individuals to pandemics, we take care of risks so our clients can take care of their businesses. 

You will be joining as part of the Central Life Reserving team, having the opportunity to work with other business units in the Asia region. Main responsibilities providing support for Solvency II and IFRS17 reporting by enhancing and automating the tools and processes used in the valuation workflow.

We are seeking interns available for a full-time commitment from May to December 2026 only – please apply only if you can commit to this period.

Your Role

  • Develop and enhance tools used in the actuarial valuation process to improve efficiency, accuracy, and automation within the workflow.
  • Collaborate with the Central Life Reserving team to test and validate tools, ensuring reliability and alignment with reporting requirements.
  • Support Solvency II and IFRS 17 reporting by improving and streamlining existing processes and tools used in the valuation cycle.
  • Prepare clear documentation for tools developed and enhancements implemented to ensure transparency and ease of future maintenance.

Your Profile

  • Pursuing a Bachelor's Degree in a quantitative field (e.g., Actuarial Science, Finance, Statistics, Mathematics) or a related field. 
  • Ability to code in Python will be advantageous. 
  • Good Excel skills and other programming skills (e.g. VBA, R, Python, SQL, etc.) are desired. 
  • Good written and verbal communications skills.

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

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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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