Company
Munich Re Life US
Location
New York
, United States
Together, we engage with everything we have and are, to help humankind act braver and better.
As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.
Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.
Munich Re Life US's Summer internship program provides you with an excellent opportunity to practically apply your classroom and technical training in the reinsurance industry. While with our team, you'll be; coached by experienced industry professionals, exposed to Munich Re leadership, challenged as a valuable team member and contributor doing meaningful work, and mentored to develop a solid foundation that will help position you as a future leader in the field.
You will be expected to relocate to the greater New York area, to meet our hybrid working model of at least 3 days a week in office. This provides a great opportunity to network, develop soft skills and become immersed within the greater Munich Re culture; including engaging with your team while in-office for face-to-face meetings, sharing meaningful moments, and allocating time to connect with your Manager. As there have been many changes throughout the pandemic/post pandemic, this policy is subject to change, based on business requirements.
Position Overview
Throughout your Summer internship, you will work closely with other Actuarial Associates and Actuaries within their respective departments, as well as with other key individuals across the organization. Departmental placements will be made closer to your start date based on internal business needs. In addition to the responsibilities in your assigned department, you will be exposed to all other actuarial departments in the firm through an immersive internship program which culminates in a capstone project that you will work on with other Summer interns.
Placement opportunities involve numerous departments, some of which are listed below:
Biometric Research:
Corporate Actuarial:
Pricing (Individual Life, Group, Living Benefits and Financial Reinsurance):
Qualifications
We are looking for well-rounded individuals who are technically astute, have strong communication skills, and demonstrate the ability to build positive relationships with internal clients. We are seeking energetic and collaborative professionals who are excited to join our winning team and show promise of becoming a future leader in the reinsurance space.
Specifically, we're looking for the following qualifications:
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