Actuarial Intern (P&C)

Summer Internship 2025 - Actuarial Intern, Property & Casualty (Non-Life)

Company: Munich Re

Location: Singapore, Singapore

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, we take care of risks so our clients can take care of their businesses.

Join us this Summer for our Structured Internship Program from May to August 2025. In addition to gaining valuable work experience alongside industry experts, you will also benefit from ongoing engagement, career development, and networking activities.

You will be part of Munich Re’s Asia Pacific Marine Unit in Singapore and will provide valuable support to the marine team in their projects, particularly the Marine Static Risk Register. You will also work closely with the Senior Actuary who will coordinate your day-to-day activities.

Your Role:

• You will assist in updating the Marine Static Risk Register, which includes collating, cleansing, and geocoding risk addresses.
• You will assist in researching industry statistics and information to provide invaluable insights to our day-to-day tasks and projects.
• You will provide support in actuarial activities including pricing, portfolio-related analysis, and updates of rating tools.
• You will assist in tasks/projects led by the Senior Actuary in the APAC Marine team.
• You may assist in preparing materials for the Marine team in their presentations (internally or externally).
• You will learn about the reinsurance and insurance business and will interact regularly with underwriters at the Munich Re Singapore office.

Your Profile:

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or other related business disciplines.
• Prior experience in programming in R and/or Python will be an advantage.
• Ability to work independently and collaboratively in a team setting.
• Possess eagerness and willingness to master new tools and technologies such as Power BI, ArcGIS, etc.
• Continuously push your boundaries and step beyond your comfort zone.
• Fluent in English (both verbal and written business level).

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. It shapes how our teams are built and cultivated, and how we are supported and developed.

Apply now!