Corporate Reserving Actuarial Intern

Location: New York

All locations New York, United States;
Princeton, United States;

Corporate Reserving Actuarial Intern - Summer 2027

The Company

At Munich Re, interns are treated as valued members of the team. Our internship program gives you the opportunity to work on meaningful work that support our business and clients, collaborate with experienced professionals, connect with senior leaders, and gain hands-on experience that can help launch your career after graduation.

The Company

Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US Property and Casualty (P&C) companies and other group entities.

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The

Opportunity

The Corporate Reserving Actuarial Intern will work closely with other Actuarial Analysts and Actuaries within their respective teams, as well as with other key individuals across the department. Through hands-on reserving work, the intern will build an understanding of reinsurance fundamentals and the various functions of a reserving department. The intern will also strengthen their analytical, data visualization, communication, and presentation skills by supporting quarterly monitoring activities and completing an actuarial reserving project.

This internship is being offered in Princeton, NJ or New York City, NY.

Applicants must be authorized to work in the United States on a permanent basis without requiring employer sponsorship. At this time, we are unable to consider intern candidates who will need current or future sponsorship, including sponsorship related to Optional Practical Training (OPT) or Curricular Practical Training (CPT).Responsibilities:

• Support segment-level reserving analyses, including technical checks of actuarial analyses, large-loss research, and loss development pattern selections.
• Assist with the development of quarterly monitoring analyses and presentations.
• Work closely with an Actuary on a reserving project and collaborate with Actuarial Analysts, Actuaries, and other key individuals across the department.
• Analyze and visualize data to communicate findings clearly and support management decision-making.
• Deliver an end-of-internship presentation to the department..

Job Requirements:

• Open to all undergraduate and graduate students
• Preferred majors:
  Actuarial Science, Data Science/Analytics, Economics, Mathematics, Risk Management, Statistics. Also accepting:
  Accounting, Chemistry, Computer Science, Engineering, Law, Physics or any other STEM major
• Successful completion of one CAS/SOA actuarial exam is preferred.
• Excellent written and verbal communication skills, including formal and informal presentation skills.
• Demonstrated leadership qualities, including clear thinking, curiosity, integrity, and drive.
• Enthusiasm for learning and an interest in the P&C reinsurance industry.
• Enthusiasm about learning new knowledge and working in the reinsurance industry.
• Proficient Microsoft Excel skills.

Applicants must be authorized to work in the United States on a permanent basis without requiring employer sponsorship. At this time, we are unable to consider intern candidates who will need current or future sponsorship, including sponsorship related to Optional Practical Training (OPT) or Curricular Practical Training (CPT).

The company is open to considering candidate in New York, NY or Princeton, NJ. The pay has a base range of $20.00-$33.00 per hour.…