Actuarial Science Jobs

Location Munich, Germany Job type Full-Time Work mode On-site Job level Internship & Working Student Job ID 12859 Company Munich Re Employment type Temporary Area of expertise Actuarial & Risk Management

As the ”Corporate Underwriting Cyber” department, we support Munich Re Group’s client facing units with our multi-disciplinary cyber insurance expertise and facilitate writing profitable cyber insurance. We are accountable for the risk management function for our worldwide cyber business in reinsurance and primary insurance. This includes assessing accumulation potentials, maintaining portfolio transparency, developing underwriting tools and standards, and driving projects on cyber innovation and investments.

We are looking for a passionate and engaged intern who supports our cyber actuarial services team. Among other things, the team builds and maintains proprietary applications to facilitate the risk-adequate underwriting of cyber risks. Cyber (re)insurance is one of Munich Re’s strategic areas of growth.

Are you a tech-savvy person, who would like to be a part of an agile, international and multi-disciplinary team as an intern for at least 6 months (first 2 months full-time, 16 hours thereafter)? Would you like to support us in developing applications and work on complex topics in a DAX40 company? Then we are looking forward to your application! Preferred start date: 1 July 2026.

What our team offers

Mentoring with an experienced colleague, on the job training as well as the possibility to join internal trainings, an international environment and insights from one of the leading cyber insurers.

Your Job

• Understand the cyber underwriting process of Munich Re.
• Develop a test concept geared towards fostering the reliability of our cyber underwriting tool.
• Closely communicate with developers and product owners to set up and document testing approaches and testing measures for a highly relevant application.
• Use state-of-the-art technology to set up automated testing routines.
• Ad hoc testing of new features as they are being developed.
• Support tool development process by taking responsibility for specific programming tasks.

Your Profile

• University studies in science, technology, engineering or mathematics (STEM)
• At least one year of programming experience (e.g. JavaScript, Python, ...) and web development and willingness to learn more
• Experience with automated, behaviour-driven testing (BDT) of software would be a plus
• Very good command of English and/or German (intermediate command of English is a must)
• Strong analytical and conceptional skills with a focus on practical application
• Reliable mind-set, comfortable with communicating with contacts outside of our team

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 16,000 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.

Münchener Rückversicherungs-Gesellschaft
Silke Rößler / Oksana Kern / Nina Hartmuth