Actuarial Intern, US Life (2026 Summer - New York)
New York, United States
Internship
Hybrid
Intern
Munich Re is the world’s leading reinsurance company, and they are seeking an Actuarial Intern for their Summer internship program. The role involves working with various actuarial departments, gaining practical experience, and contributing to projects while being mentored by industry professionals.
Responsibilities
Coached by experienced industry professionals
Exposed to Munich Re leadership
Challenged as a valuable team member and contributor doing meaningful work
Mentored to develop a solid foundation that will help position you as a future leader in the field
Help with the completion of experience studies and assist with quote reviews for different lines of business (Life, Longevity, Long Term Care)
Analyze mortality and persistency trends within the life insurance industry
Conduct research of key trends within the US general population
Collaborate with many different functions across the company, to provide expertise and set assumptions for calculating policy liabilities
Build and manage complex actuarial models
Perform analysis of the business
Work closely with other departments to invent creative solutions
Acquire and maintain new business through fostering strong client relations
Develop innovative solutions and evaluate product profitability
Understand key drivers in profitability due to changes in assumptions, reinsurance agreements, industry trends, and product design
Work on high-impact projects including developing client strategies, building complex actuarial models, reporting key profit metrics, performing market research, and quoting on special business
Qualification
Required
Currently pursuing an Undergraduate or Master's degree in Actuarial Science, Math, Statistics, Risk Management, or equivalent program – in healthy academic standing
Successful completion of one SOA exam (with two or more preferred)
Excellent communication skills – spoken & written, formal/informal presentation
Proven capability to multi-task and successfully self-manage multiple priorities and projects of various significance
Exhibits solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment
Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive
Proficient Microsoft Excel skills
Preferred
Successful completion of two or more SOA exams
Preference for candidates who have relevant work experience (in actuarial, insurance, or financial services desired)
Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.
