Internship in Credit Risk Management (m/f/d*)

Firma
Munich Re
Standort
München , Deutschland

The Credit Risk Management team is responsible for the risk management of Munich Re’s credit risks.
This includes the development of the group-wide credit risk strategy and, more specifically, all credit risk management activities arising from investments, external retro and reinsurance placements as well as from all non-life or life/health reinsurance transactions that give rise to credit risk exposures. Furthermore the team is in charge of the methodology and design of the risk model for the credit liability segment as part of the internal capital model as well as the calculation of the undiversified risk capital.

Your Job
Working with the internal capital model for the credit (re)insurance segment which is used to determine the regulatory capital requirements according to Solvency II:

Preparing data and information for the modelling process.Further developing the model to incorporate internal and external requirements.Comparison of results to evaluate the performance of different system versions.Further developing of result presentation (e.g. with PowerBI). 

Your Profile

Pursuing a Bachelor's or Master's degree ideally in mathematics, economics or a comparable fieldProactive and collaborative work styleGood analytical skills and ability to think in solutionsVery good command of English (written and spoken)Programming skills (e.g. MATLAB, R, Python, VBA, SQL)

Students from countries outside the EU require a German residence-/work permit. The first master's degree may not have been completed before/during the entire internship.

About us
As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. 
Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. Sounds like you? Push boundaries with us and be part of Munich Re. Our employees are our greatest strength. That’s why we offer them a wide range of benefits. 

Unlock your potential
• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Münchener Rückversicherungs-Gesellschaft

Silke Rößler / Oksana Kern / Nina Hartmuth  • Coordination Students Program
Königinstraße 107 • 80802 München • GERMANY
* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunity employer. Severely disabled candidates will also be prioritised, if equally qualified.

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