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Actuarial Intern, Central Life Reserving

Location Singapore, Singapore Job type Full-Time Work mode Hybrid Job level Internship & Working Student Job ID 11219 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.

This is an exciting and challenging opportunity for students to join our CLR Global Functional Leaders (GFL) Support and Business Process Management (BPM) Team as an Actuarial Intern between January to May 2026. In this role, you will support our activities in process optimization, automation, and governance enhancement. With the aim of improving transparency, efficiency, and governance across Life & Health Re valuation—including cost management and valuation model governance—our team collaborates closely with other CLR teams, regional and local valuation teams, and various stakeholders to drive improvements in reserving.

Your Role

  • Assist with data validation and preparation for experience study models, and support technical modelling views for studies conducted by local teams.
  • Assist in conducting univariate and multivariate analyses under guidance.
  • Support valuation process information collection and analysis to identify inefficiencies, and assist in summarizing findings.
  • Support automation initiatives.
  • Help prepare reports, templates, and dashboards to enhance valuation process transparency, efficiency, and KPI tracking.
  • Contribute to knowledge sharing initiatives and continuous improvement efforts.

Your Profile

  • Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or Computer Science related field.
  • Strong analytical and problem-solving skills, with excellent interpersonal and communication abilities (both verbal and written).
  • Familiarity with life and health insurance business operations is an advantage.
  • Proficiency in MS Excel with the ability to perform complex functions, and programming languages such as Python or R is an advantage
  • Familiarity with LLM, Business Process Management, Power BI or Power Automate is a plus.

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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Get an idea of what your daily routine around the office can be like.

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