Marine Reinsurance Intern

2 weeks ago


York, Canada Munich Re America Full time

Marine Reinsurance Intern

**Company**
Munich Re America
**Location**
York, United States

**Marine Reinsurance Intern - Summer 2024**

In this position, the intern will gain exposure of working with a large professional reinsurers underwriting treaty and facultative business as part of a Global Practice (MR Marine RI). The intern will work with a team of production underwriters to learn how business is transacted and understand the basics of Marine risk evaluation.

**The Company**

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

**The Opportunity**

The Marine Reinsurance Intern will gain exposure to working with a large professional reinsurers underwriting treaty and facultative business as part of a Global Specialty Reinsurance (MR Marine Reinsurance) Team and MRUS Reinsurance Team. They will learn and understand the basics of how risk is evaluated in marine, while interacting with a team of production underwriters and learn how business is transacted.

**Responsibilities**:

- Under guidance of team work on updating MR Global Primary Marine Market Condition Survey for 2024.
- Intern will work directly with MRUS RD NA Marine Underwriting Team as directed.
- Support team working on analysis of changes in client portfolios.
- Work with team on update to rate and exposure / loss trend US Marine data.
- Gain an overview / introduction to treaty and facultative reinsurance and marine lines.

**Qualifications**:

- Ability to work well with team members on a semi-virtual basis.
- Strong written and verbal communication skills.
- Team player, good interpersonal skills and personal accountability.
- Preferred Majors: Insurance, Risk management, Marine Transportation.
- Accepted Grade Levels: Rising Sophomore, Junior or Senior undergraduates
- Computer Skills: Word, Excel and Power-Point proficiency
- Intern role will be offered in a hybrid working environment. Office days will be in the NYC office.

At Munich Re US, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


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