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Munich Re

Munich Re

Long Term Actuarial Intern

Long Term Actuarial Intern

Job Details
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Uploaded On
May 17, 2024
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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
""
Recommend to a Friend
89%
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Overall Score
4.3 / 5

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Actuarial Long Term Intern

Location: Amelia / Cincinnati, Ohio (open to remote, working Eastern Time Zone business hours)

Applicants requiring employer sponsorship of a visa will not be considered for this position.

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

Job Description :
  • 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


Qualifications :

* 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.
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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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