Munich Reinsurance – Actuarial Science Internships 2022 / 2023

  • Ability to transform client data into a useable format for actuarial analysis
  • Ability to derive pricing bases from a given set of assumptions
  • Ability to calculate group risk quotes, for all benefits, using the tools provided
  • Understanding the modelling and pricing of transactions
  • Risk identification, assessing, reporting and documenting
  • Data checks and reconciliations to actuarial investigations, including movement analysis
  • Reviewing, reporting, calculations of reserves
  • Learning how to use and run actuarial models

Requirements:

  • Final year Actuarial Science student or recent Actuarial Science graduate
  • An excellent academic record (Average of 65% and above)
  • Good communication skills
  • Good interpersonal skills
  • Good Excel skills
  • Ability to work under pressure and multitask
  • Working knowledge of statistical and mathematical methods and analysis
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Location: Johannesburg, South Africa

Closing Date: 11 November 2022

Munich Reinsurance: Actuarial Science Graduate Programme 2022 / 2023

As a Graduate at Munich Re of Africa, you will be expected to:

  • Take part in Soft Skills and Technical training
  • Conduct day-to-day business unit specific tasks
  • Participate in team specific tasks and deliverables
  • Participate in cross-divisional project teams
  • Participate in team and Company Business Projects (where applicable)

Training exposure may include (department dependent):

  • Ability to transform client data into a useable format for actuarial analysis
  • Ability to derive pricing bases from a given set of assumptions
  • Ability to calculate group risk quotes, for all benefits, using the tools provided
  • Understanding the modelling and pricing of transactions
  • Risk identification, assessing, reporting and documenting
  • Data checks and reconciliations to actuarial investigations, including movement analysis
  • Reviewing, reporting, calculations of reserves
  • Learning how to use and run actuarial models

Requirements:

  • Final year Actuarial Science student or recent Actuarial Science graduate
  • An excellent academic record (Average of 65% and above)
  • Good communication skills
  • Good interpersonal skills
  • Good Excel skills
  • Ability to work under pressure and multitask
  • Working knowledge of statistical and mathematical methods and analysis

How to Apply

Apply Online for the Munich Reinsurance: Actuarial Science Graduate Programme 2022 / 2023

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