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Munich Re

Munich Re

Long Term Actuarial Intern

Long Term Actuarial Intern

Job Details
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Uploaded On
September 17, 2023
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Location
Cincinnati, United States
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Remote?
No
Company Overview
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Headquarters
Munich, Germany
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Number of Employees
39200
Estimated Number of Actuaries
1197
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
89%
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Overall Score
4.3 / 5

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[ American Modern, a Munich Re company, is widely recognized as a specialty insurance leader that delivers residential and recreational products and services. But, we're also known as a Top Workplace with a vibrant and inclusive culture that gives employees boundless opportunity to grow their careers and make a difference every day in a flexible environment that helps them succeed.

Actuarial Long-term intern responsibilities:
  • Development of rate level indications for all lines of business
  • Selection of pricing levels for each state and line in close collaboration with Product Management
  • Development of strategies to drive profitable growth
  • Filing support for rate changes
  • Development of profitability scorecards that drive strategy and resource allocation
  • Annual Loss Ratio Planning
  • Special Projects


* Must be a recent graduate or graduating in the next 12 months.
  • Completed Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.
  • GPA 3.2 or higher
  • Successful completion of 1 or more actuarial exams
  • Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
  • Demonstrated ability to think logically and perform analysis in a timely manner.
  • Solid written and oral communication skills.
  • Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros


At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Office location: Cincinnati / Amelia, Ohio ]
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Working at 

Munich Re

Munich Re is a leading reinsurance company that provides insurance products to other insurance companies. The company was founded in 1880 and has grown to become one of the largest reinsurers in the world. Munich Re offers a wide range of reinsurance products, including property and casualty reinsurance, life and health reinsurance, and specialty reinsurance. In addition to traditional reinsurance products, the company also offers risk consulting and management services to help clients identify and mitigate potential risks. Munich Re has a strong reputation in the industry and is known for its expertise in underwriting and risk assessment. The company has operations in numerous countries around the world and is a key player in the global insurance market.

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