Munich Re

Intern Central Reserving - IFRS17 & SII Processes (m/f/d)*

Munich Re  •  Federal Republic of Germany (Onsite)  •  6 hours ago
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Job Description

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.

Munich Re

About Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business.

Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics.

We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward. https://www.munichre.com/en/career

Munich Re Careers: p0060018221@munichre.com

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Münchener Rückversicherungs-Gesellschaft

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Munich, DE
Year Founded
Unknown
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