Actuarial Analyst Intern

Company
Munich Re
Location
Singapore , Singapore

Munich Re Group is one of the world’s leading providers of reinsurance. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high-net worth individuals to pandemics, we take care of risks so our clients can take care of their businesses.

You will join our team as an Actuarial Analyst Intern from August 2025 onwards, where you’ll become part of Munich Re’s Life and Health Southeast Asia Unit in Singapore, supporting the SEA Life Commercial team. You will ideally be able to commit full-time internship or at least for 3 days a week. 

In this role, you will be using SQL to transform, process, and analyze client bordereaux data. You will ensure data integrity through thorough quality checks and cleaning, and manage data storage and retrieval for optimal accessibility. Your work will result in comprehensive reports and insights that drive organizational decision-making.

This internship presents an exceptional opportunity to gain actuarial experience and enhance your understanding of actuarial principles and practices.

Your Role

Analyse treaty terms and product features, perform reconciliations, and transformations, to ensure data quality through comprehensive checks, and cleaning, thereby supporting inforce portfolio managementMaintain data quality through comprehensive checks, cleaning, and reconciliation, supporting inforce portfolio management and pricing analysis.Utilize insurance knowledge to map and standardize client-format portfolio data onto the organization's system, ensuring consistency and integrity.Conduct ad hoc investigations, including premium reconciliations and providing management information for experience investigations.Liaise with local offices, resolve issues, and document processes, ensuring accurate interpretation and implementationLead the onboarding of new treaties into the KTM system, ensuring accurate configuration, data consistency and validation of results, and assist in generating value-added analysis.

Your Profile

Bachelor's degree in Actuarial Science, with a strong foundation in data analysis.Strong analytical and problem-solving skills, meticulous and patient in dealing with large datasetsProficient in Excel, and SQL, with experience in automation, and a strong emphasis on data management and data analysisKnowledge of Life Insurance principles and products is preferredDetail-oriented, proactive, and committed to continuous learning, with a positive attitudeExcellent English communication skills, both written and verbal

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.

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