Actuarial Intern, US Life (2027 Summer - New York)
New York, NY
Internship
Hybrid
$30/hr - $35/hr
Intern
Munich Re is a leading reinsurance company that helps clients manage complex risks through data, technology, and actuarial expertise. The Actuarial Intern will support business-critical projects across US Life actuarial functions, including biometric research, corporate actuarial, and pricing, while developing technical and professional skills through an immersive summer program.
Responsibilities
Work on business-critical projects with measurable impact
Partner with experienced actuaries and actuarial associates
Learn directly from industry leaders and senior executives
Collaborate with fellow interns on a capstone project
Gain exposure to multiple actuarial functions across the organization
Build the technical and professional skills that will help accelerate your actuarial career
Support experience studies across Life, Longevity, and Long-Term Care business lines
Analyze mortality and persistency trends affecting insurers and consumers
Explore demographic and population-level insights shaping the future of the industry
Work with large datasets to identify emerging patterns and risks
Contribute to quote reviews and research initiatives that support client solutions
Help develop assumptions used in policy liability calculations
Support financial reporting for US Life & Health business
Build and maintain complex actuarial models
Analyze regulatory developments and their business implications
Collaborate across functions to solve complex business challenges
Evaluate profitability of new and existing business opportunities
Analyze the impact of assumptions, product design, and market trends
Develop client-focused solutions and growth strategies
Build pricing and projection models
Conduct market research and support reinsurance quotations
Contribute to high-impact transactions and innovative product solutions
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
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
two or more
Preference for candidates who have relevant work experience (in actuarial, insurance, or financial services desired)
Professional development, innovation, and rewards for high performance
Work alongside experienced professionals and learn directly from industry leaders and senior executives
Immersive internship program with exposure to multiple actuarial functions
Capstone project with fellow interns
Hybrid working model of at least 3 days a week in office
Opportunity to network, develop soft skills, and become immersed within the greater Munich Re culture
Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.
