Role overview
Location Munich, Germany Job type Full-Time Work mode On-site Job level Internship & Working Student Job ID 12612 Company Munich Re Employment type Temporary Area of expertise Actuarial & Risk Management
Central Reserving 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 IFRS17 Plan & Solvency II team in Central Reserving ensures accurate processing of IFRS17 plan and Solvency II data, delivers actuarial insights based on advanced quantitative and technical analysis and translates insights into a reporting and business contexts – working in close collaboration with the global reserving community and ensuring efficient processes.
You will be able to obtain an overview of the non-life business of Munich Re Group and have the opportunity to contribute to the application of insightful prediction tools and reporting standards.
Your Job
- Assist in simplifying and automating IFRS17 and Solvency II reporting processes
- Conduct independent research on statistical and methodological approaches to drive and pilot AI use case ideas within the closing activities related to IFRS 17 and Solvency II
- Perform data analysis to discover data patterns, understand visualize and summarize the data, estimate the quality and discover anomalies
- Present research results to technical and non-technical stakeholders within the global reserving community
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.