Munich Re

Pricing and Treaty Intern

Munich Re  •  Kuala Lumpur, MY (Onsite)  •  4 hours ago
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Job Description

Munich Re Retakaful is Munich Re Group’s worldwide Retakaful operations business, focusing on providing Islamic Retakaful solutions to our clients in Malaysia, Southeast Asia and the Middle East.

We are looking for an intern to support the Pricing team, where you will work closely with other associates within Munich Re Retakaful and have the opportunity to work with other business units in the Asia region.

Your Role

  • Draft treaties, review and provide support towards the finalisation of treaties.
  • Work with other functions such as Client Manager, Valuation team and Technical Accountant to review Retakaful bordereaux and perform analysis on treaty performance.
  • Support group pricing referrals, ensuring quotations are issued with accuracy.
  • Work with Pricing Team and Client Manager on developing and enhance existing tools to streamline day-to-day processes.
  • Prepare clear documentation for tools developed and enhancements implemented to ensure transparency and ease of future maintenance.

Your Profile

  • Pursuing a Bachelor's Degree in a quantitative field (e.g., Actuarial Science, Finance, Statistics, Mathematics) or a related field.
  • Good Excel skills and other programming skills (e.g. VBA, SQL, etc.) are desired.
  • Good written and verbal communications skills.

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.

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

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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
Website
munichre.com
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