The insurance industry is hiring students of ALL majors for ALL functional areas.
Are you interested in a career that is stable, rewarding, and limitless? Could you benefit from expanding your networking, increasing exposure to educational and professional development opportunities, building your resume, and improving your leadership skills? Then Gamma Iota Sigma is for you!
Interested in Joining?
The insurance industry is hiring students of ALL majors for ALL functional areas.
Are you interested in a career that is stable, rewarding, and limitless? Could you benefit from expanding your networking, increasing exposure to educational and professional development opportunities, building your resume, and improving your leadership skills? Then Gamma Iota Sigma is for you!
Advisory Council
The Advisory Council consist of Sustaining Partner Companies
The Advisory Council help leads the strategic direction of Gamma Iota Sigma to grow and sustain a robust and diverse student talent pipeline, ensuring the industry's vibrant future.
Summer Leadership Development Re/Insurance Internship
Munich Re
Application
Details
Posted: 06-Sep-23
Location: New York
Type: Full Time
Categories:
Non-Actuarial
Salary Details:
Competitive hourly rate and relocation stipend.
Preferred Education:
4 Year Degree
Additional Information:
6 openings available.
Summer Leadership Development Re/Insurance Internship
*Applicants requiring employer sponsorship of a visa will not be considered for this position.
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
Munich Re’s Summer Leadership Development Program (SLDP) is an immersive 12-week internship designed to expose rising seniors to our industry-leading practices, as well as give them a head start in applying for our fulltime Graduate Trainee Program. SLDP internship applicants should be interested in pursuing either the Underwriting or Claims functions upon graduation, and SLDP internship work will correspond with those interests. SLDP interns are entrusted to work on real-time business activities and projects, and are treated as valued members of the Munich Re team. The internship provides foundational experiences in key insurance and/or reinsurance units (e.g. underwriting, risk management, claims, data, marketing, etc.) to build technical skills through engaging and meaningful project work. Interns also strengthen their professional and personal skills via meetings with executive leaders, networking with colleagues, involvement in volunteer opportunities, and conversations with their paired mentors. Hear from one of our past SLDP interns at the following link: https://youtu.be/Y_FhVHz_4mA
SLDP interns will work from 1 of 5 possible locations: Princeton, NJ; New York City, NY; Philadelphia, PA; or Chicago, IL or Atlanta, GA. While we consider interns’ location preferences, applicants should be open to all five cities as placement will ultimately depend on business need. The base range for this internship in NYC will be $24- $26 per hour. The hourly estimate displayed represents the typical salary range for candidates hired in this position in NYC.
As an additional program benefit, all SLDP interns are also automatic advance applicants to the fulltime Munich Re International Graduate Trainee Program. This robust 2-year training program prepares new college graduates for roles in our re/insurance business via hands-on rotation work, classroom training, and industry exams. To hear from past Graduate Trainees, click here: https://youtu.be/CuHNbPDk6-w
Qualifications : The Summer Leadership Development Program internship is only open to students who are in their junior year of an undergraduate program or in their first year of a graduate degree program and have:
• GPA 3.25 and above • Superior communication skills (oral and written) • High emotional intelligence • Strong analytical capabilities • Ability to think strategically and function tactically • Tech savviness • Innate curiosity and self-motivation • Demonstrated leadership abilities in college or community activities • Flexible work style with ability and willingness to work independently, with in-person colleagues, and as part of remote teams
At Munich Re US, we see Diversity 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.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
As a member of Munich Re's US organization, we offer clients 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 you stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.
We analyze risks from a variety of different angles and deliver holistic insurance solutions. We work with interdisciplinary teams throughout Munich Re and its network of external experts to constantly analyze technological, social and legal developments, identifying trends, considering future scenarios, and ensuring our competence continues to grow. That is how forward-looking solutions for tomorrow's world are born. If your passion is to do exceptional things, and you are looking for a company that values your contributions, promotes value-oriented culture and rewards performance with opportunities for skill development and career advancement, then join our team. Experience a unique diversity of individual skills, challenging tasks, and what it means to always be a step ahead due to our ambitious and appreciative work environment.