Company
Munich Re
Location
Munich , Germany

Our International Graduate Trainee Programme offers you exciting insights and a thorough introduction to the diverse activities of a leading global reinsurer. This provides you with the exceptional opportunity to advance your expertise and drive your personal development.

Over a period of 24 months, including an international assignment, you will receive in-depth training in professional, methodological and social skills, which will qualify you for assuming responsibility at Munich Re worldwide. We are looking for eager graduates who seek to actively shape the future of our business (re-insurance) together with us. If you enjoy embracing innovation in a very dynamic and challenging environment, we are looking forward to your application.

Your Job

Working on exciting and varied topics focusing on risk underwriting in the core business of Munich Re (e.g. developing product and client strategies, performing risk analysis, using different pricing models, analysing profitability and performance, working on data analytics topics)

Develop methods and processes for risk assessment and risk reporting, with emphasis on automated and efficient processes and tools

Experience the opportunities and insights offered by one of the world's leading risk managers

Participate in an international assignment of three months to broaden your intercultural experience

Acquire profound knowledge of our business as well as further developing your soft skills in our distinguished global learning programme

Take the opportunity to quickly build a broad network of industry experts within Munich Re worldwide

Your Profile

Very good university degree in mathematics, actuarial sciences, statistics, computer science, physics or a similar degree with mathematical background

Initial work experience (e.g. internships or up to two years of work experience after graduation), ideally in (re)insurance, the financial sector or actuarial services

Knowledge of actuarial sciences and willingness to complete actuarial studies is an advantage

Strong analytical skills, programming skills and/or database knowledge (e.g. Python, R, Databricks, SQL, Matlab, Power BI, VBA) are beneficial

At least three months experience abroad (studies or internship/work experience abroad)

Strong interpersonal and communication skills and willingness to learn

Strong written and verbal communication in English and German required

Curious and creative mindset

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

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. You can find some examples below.

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.

Rewards & Recognition

Competitive salary: appropriate compensation for your high level of commitment.

Retirement provision: state of the art in-house pension solutions.

Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.

Health management: focus on your physical and mental health far beyond legal requirements.

Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft
Laura Fuchs & Lisa Schneider • HR Consultant