Job Description

Munich Re is the world\'s largest reinsurance company. The Group operates in all lines of insurance, with around 42,000 employees throughout the world and combines primary insurance and reinsurance under one roof. We are working on topics today that will concern the whole society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. Munich Re is driving transformative change in the non-life insurance industry through the application of emerging data science and engineering techniques.You will be part of Munich Re\'s APAC 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.Internship Period: September - December 2024 (2-3 days per week)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 for 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 task / 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:

• Preferably pursuing a degree in actuarial science, mathematics, statistics, economics, finance, or a comparable discipline with quantitative orientation from universities in Singapore.
• Some 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 zoneFluent in English (Business level both in verbal and written)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