Reporting to Chief Actuary, Life & Health

Position Title: Actuarial Intern

Duration of the internship: 6-month

Description:

Munich Re is one of the world’s leading reinsurance companies with around 11,000 employees at over 50 locations around the globe. We are already dealing with issues today that tomorrow will concern the whole of society, whether it is with climate change, major construction projects, gene technology or space travel. We find answers to these questions through a network of highly qualified colleagues, who anticipate risks, work on tailor-made solutions and competently advise our clients. If you want to experience shaping the future as part of our team, we look forward to your application at Korea Branch.

We are seeking an Actuarial Intern to join our Life Actuarial Services Unit. Reporting to the Chief Actuary, you will play a key role in supporting actuarial reporting, data analysis, and a variety of analytical and operational initiatives that contribute to the team’s core projects and business outcomes. 

Your Role

Assisting Life Actuarial Services Unit 

1)  Data Management:

·         Maintain client data within the database system

·         Perform initial validation of data

·         Execute data cleansing operations

·         Retrieve client product documentation

2)  Provide support for actuarial tasks, including experience studies, valuation, and pricing

3)  Conduct research on issues and information in the insurance industry

4)  Support for systematic document organization

Your Profile

·         Recent university graduate or expected to graduate soon

·         Preferred fields of study: Mathematics, Statistics, Actuarial Science, or related fields in data management

·         Excellent in MS Office, with high proficiency in Excel (ability to perform complex functions) and SQL

·         Experience with Python or R, and familiarity with data manipulation libraries (preferred)

·         Actuarial certification studied or obtained (preferred)

·         Intermediate proficiency in English communication (preferred)

·         Proactive, positive, and adaptable work attitude

·         Team-oriented with a readiness to collaborate

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 center of this interaction is each of us