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Reporting - Intern for Automation of actuarial reporting processes in R (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode On-site Job level Internship & working student Job ID 9110 Company Munich Re Employment type Temporary Area of expertise Actuarial & Risk Management
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The division Munich Re Markets has a global mandate for a wide range of business, starting with capital market solutions deploying our own hedging platform, continuing with special structures of Life reinsurance and not ending with Epidemic Risk Solutions for both Life and Nonlife risks. The environment is both diverse and challenging!

The section is responsible for a broad range of tasks around monitoring and reporting of this business, with divisional interfaces to the group’s risk management, reserving and controlling divisions as well as the legal risk carrier and others. Current challenges do also include the introduction of the standards IFRS 17 and IFRS 9, the latter of which is applicable to the larger part of our portfolio. Reporting duties are recurring, but the content is always different due to a variety of reasons and effects. Further to these duties, we shape our future by ultimately striving for the highest possible automation of our processes. A high degree of automation is required to scale up our business and, in the end, to enable the division to succeed with its ambition.

Are you a self-motivated number cruncher with a passion for coding? Are you interested in working in a multinational and interdisciplinary team? Then a multitude of challenging tasks awaits you!

Your Job

  • Create R scripts, for automating the analysis and reporting of the quarterly and annual valuation results.
  • Automating checks of our SII results against MR’s central systems, internal data sources and IFRS results in R.
  • Support in the quarterly management reporting of the results, including data cleaning of past results, understanding of the yearly movements in the business and internal reporting processes.
  • Contribute to other tasks related to quality assurance of the LH6.3.1 valuation results.

Your Profile

  • Student with quantitative subject (maths, physics or similar), and interested in actuarial topics
  • Good programming skills with focus on R (data.table library knowledge is a plus)
  • Excellent analytical and conceptual skills
  • Fluent in business English, German would be considered an advantage
  • Full time position (5 days per week) for at least 3 months, after which an extension (part-time or full time) can be considered

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 11,000 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.

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

Silke Rößler / Oksana Kern / Birgit Grummt • Coordination Students Program
Königinstraße 107 • 80802 München • GERMANY

* 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.

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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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