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Actuarial Intern (FinRe Valuation)

icon building Company : Munich Re
icon briefcase Job Type : Internship

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Job Description - Actuarial Intern (FinRe Valuation)

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 opportunity to join the Life and Health Central Life Reserving team in Asia. The team oversees the FinRe valuation, reserving and financial reporting for Life and Health business of Asian entities of Munich Re, covering global valuation bases including Solvency II, HGB and IFRS (9 and 17).

Reporting to the Head of Financial Reinsurance (FinRe) Valuation, you will combine corporate finance, accounting, actuarial science, regulatory expertise, and strong programming skills to enhance automation, improve process efficiency, and deliver robust reserve adequacy and financial reporting for senior management at Munich Re.

We are seeking interns available for a full-time commitment from May to December 2026 only - please apply only if you can commit to this period.

Your Role
  • Support Solvency II, IFRS and HGB reporting for the Asia Pacific and Middle East North Africa, and financial reinsurance businesses.
  • Support with onboarding of new Financial Reinsurance deals.
  • Support IFRS9 valuation system testing.
  • Support other regular reporting cycles and ad-hoc projects, driving workflow automation, process optimisation, and improved data quality across valuation activities.

Your Profile
  • Strong analytical, problem solving, research and project management skills.
  • Excellent verbal and written communication skills.
  • Proficient in Excel (can maintain complex spreadsheets), Python, VBA, SQL and database management systems.
  • Pursuing degree in Actuarial Science, Mathematics or Statistics.

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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