Munich Re – Intern, Actuarial – Structured Solutions

Munich Re Singapore Branch, is part of Munich Re Group the world’s leading providers of reinsurance. The business and regulatory environment are changing and creates new opportunities along with financial challenges to life insurers. Our Structured Solutions team provides life insurers with advice and customized financial reinsurance solutions to meet their financial and strategic objectives.

The South East Asia (SEA) Structured Solutions team in Singapore is looking for two Actuarial interns who are interested in technical work and enjoys the challenge of working across multiple markets and being part of a diverse team.

Your job

• Propose enhancements through automation for the ongoing monitoring work for financial reinsurance deals via excel VBA and Power BI
• Provide assistance and develop standardised template in the checking of Statement of Account (SOA)
• Provide assistance in the model development/migration to meet IFRS17 reporting requirements
• Support in the development of valuation seriatim model through AXIS Datalink
• Update market intelligence database and support in benchmarking exercise involving Bloomberg
• You will be required to work closely and proactively with the actuaries in the Regional Structured Solutions team

Your profile

• Pursuing Degree in Actuarial Science, Finance, Statistics, or Mathematics
• Progressing towards attainment of fellowship with one of the international actuarial organizations is desired (would require some exemptions obtained during university or passed at least 1 actuarial exam)
• Prior internship experience is preferred
• Strong Excel (incl. VBA) is preferred
• Prior exposure to AXIS, Power BI or Bloomberg is a plus
• Excellent technical and analytical skills, logical and concise in approach and demonstrate attention to detail
• A pragmatic approach to business pressure is essential
• Strong communication skills (written and verbal)
• Self-motivated and able to work within a team environment, outcome focused