Central Reserving (CR) uses quantitative and qualitative methods to perform and oversee the loss reserve analyses for Munich Re's group-wide property and casualty business. This includes continuous monitoring of the group's reserve position, and the further development of actuarial methods, the underlying systems and tools.

The department Reserving IFRS17 & SII Process within Central Reserving is responsible for the provisioning of high-quality data, state-of-the-art reserving products, tools and analyses to the global reserving community related to IFRS17 & SII. The focus is on the implementation of missing functionalities, automation of processes and controls as well as execution of quarterly IFRS17 & SII closing procedures including technical quality assurance.

Your Job

• Supporting the quarterly closing activities related to IFRS 17 and Solvency II
• Testing of new implementations in the IFRS 17 architecture
• Supporting the further development of internal quality assurance tools

Your Profile

• Student with quantitative focus (e.g. mathematics, actuarial science, information technology or economics)
• Intrinsically motivated team player with a positive attitude
• Working collaboratively and effectively in an international group

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 16,000 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. You can find some examples below.

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
Oksana Kern / Nina Hartmuth

Coordination Students Program
* 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.