Passion is at the heart of everything we do—whether it’s our dedication to family, friends, the arts, sports, or, most importantly, our profession. At Munich Re Risk Management Partners (RMP), the climate change and risk management solutions unit of the world’s leading reinsurer, our passion drives us to redefine climate risk solutions on a global scale. Our modular climate risk offering is built to meet the complex needs of insurers, banks, corporates, and real estate investors. Through our SaaS platform, Location Risk Intelligence, we deliver an advanced geospatial solution that empowers clients with location-specific climate risk data worldwide, enabling them to make informed decisions on climate risk reporting, underwriting, and investments.

We’re seeking an intern to join our product team in developing a forward-thinking climate risk assessment solution for companies and financial investors as well as a new adaptation solution. This role is a unique opportunity to gain hands-on experience at a DAX-40 company, working on innovative projects within a dynamic, international team. If you’re passionate about climate risk assessment and eager to make an impact, we’d love to hear from you! Your assignment will ideally begin in January 2025 with a full-time commitment of 6 months.

Your Job

• Support the product team to develop a new climate risk solution for companies and financial investors and/or a new adaptation solution
• Research and process company financial data, support with the integration of climate risks into credit risk models, and help with the creation of an asset level data pipeline
• Research and process data on adaptation measures such as CAPEX and risk mitigation impact across different geographies and hazards
• Support the product advisory team in client engagements
• Align and coordinate your work with adjacent projects
• Collaborate with the product team to design a product concept and mock-ups for the new solution

Your Profile

• You are about to complete your bachelor's or master's degree in civil engineering, data science, economics, finance, physics, or a comparable field of study
• Strong analytical skills, ideally experience in climate risk analysis and/or engineering projects for climate adaptation purposes
• Hands-on experience in programming, data management and processing incl. knowledge of Python
• Demonstrated expertise in financial modeling and return on investment (ROI) analysis
• An enthusiastic and efficient researcher, with problem solving skills and willingness to think outside the box
• Reliable and independent working style
• Willingness to familiarize yourself with new topics and technologies

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.

Apply now!

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.