Munich Re - 2024 International Graduate Trainee - Focus on mathematics/data science

Deadline: As soon as possible

Graduates

Companies

Location(s)

  • Germany
Königinstraße 107 • 80802 München

Overview

Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients. If you want to help shape the future as part of one of our teams, we look forward to hearing from you.

Details

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. working on data analytics topics, developing product and client strategies, performing risk analysis, using different pricing models, analysing profitability and performance)
  • Seizing excellent learning opportunities and cross-functional first-hand experience in our global business units 
  • Participating in an international assignment of three months to broaden your intercultural experience
  • Acquiring profound knowledge of our business and methods as well as further developing your soft skills in our distinguished global learning programme
  • Taking the opportunity to quickly build a broad network of industry experts within Munich Re worldwide

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. 

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Your profile

  • Very good university degree in mathematics, actuarial sciences, statistics, informatics, physics or a similar degree with mathematical background
  • Initial work experience, ideally in (re)insurance, the financial sector or actuarial services (e.g. internships) 
  • 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, SQL, C#, Matlab, AXIS, Prophet, Power BI etc.) are beneficial  
  • Experience abroad (studies or internship/work experience abroad)
  • Strong interpersonal and communication skills and willingness to learn
  • Fluency in (business) English required, additional languages are an advantage
  • Curious and creative mindset

Dates

Deadline: As soon as possible


Cost/funding for participants

Our offer:

  • You will work in an environment where we think big: Change and culture are continuously role-modeled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning
  • You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders
  • We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
  • You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working leveraging digitalization to deliver solutions
  • Join us, and experience that we lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged
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