About the role#
This internship provides an immersive experience in the reinsurance sector. You will work alongside experienced professionals to solve complex problems and contribute to real projects. You will be a full team member, gaining exposure to leadership and developing a foundation for a career in actuarial science.
What you'll do#
- Evaluate and communicate profitability for pricing reports and reinsurance proposals.
- Use AXIS modeling to make recommendations for client requests and special quotes.
- Analyze the impact of profitability on new business portfolios.
- Present findings and strategy recommendations to project leads.
- Prepare documentation for client presentations and reinsurance solutions.
- Provide actuarial support to internal departments including claims and risk selection.
- Perform pricing analysis and modeling for new business and renewals.
- Assist in calculating and reporting financial results and profitability indicators.
- Assess the impact of changes in assumptions and methodologies.
- Ensure treaties and amendments are drafted and signed on time.
What you'll need#
- Currently pursuing an undergraduate degree in actuarial science, mathematics, statistics, finance, risk management, or a related field.
- Excellent academic record.
- Successful completion of at least one actuarial exam (two or more is an asset).
- Proficiency in Microsoft Excel, Access, and Word.
- Strong organizational skills with high attention to detail.
- Excellent oral and written communication skills.
- Ability to manage multiple priorities and tasks effectively.
- Leadership, curiosity, integrity, and a professional demeanor.
- Previous internship experience and familiarity with AXIS are considered assets.
Location & details#
- Location: Montreal, Quebec.
- Term: Summer 2027 (4 months).
- Modality: Hybrid (minimum of three days per week in the office).
- Compensation: $950 to $1,450 per week.
- Employment type: Full-time, paid internship.
About Munich Re
Munich Re provides reinsurance, primary insurance, and risk solutions to clients globally. Founded in 1880 and based in Munich, the company operates through its reinsurance and ERGO business segments alongside its capital investment arm, MEAG. It covers a range of risks including cyber threats, renewable energy, and property insurance. The organization employs over 10,000 people and maintains a focus on risk assessment and digital transformation.
How to get in at Munich Re
Securing an internship at Munich Re requires speed because early applicants often get seen before the pile grows. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you can apply among the first. This helps you avoid the frustration of submitting your resume to a crowded queue that has already been reviewed by the team. You can also improve your chances by reaching out to the right people. Intern Insider surfaces the recruiters behind the company roles so you can contact them directly to ask about the position or a referral. This direct approach often leads to better response rates than relying on automated systems alone.
