Reinsurance Accounting - IFRS17 Guidance and Support - Intern (m/f/d)*

Munich Re Group; München; On-site; EUR 11,000 - 17,000; Part time

Job summary

Munich Re invites an intern to join RIA1.1 (RI Closing, Reporting & Governance) to assist in IFRS17-related quarterly closing activities and the coordination of the IFRS17 Update Call for the International Organisation. You will help drive AI adoption, explore innovative AI use cases, and engage with accounting, reporting, and IT teams across borders.

The program targets students in business, accounting, finance, data science, or computer science with a keen interest in technology and financial

Qualifications

• Pursuing a degree in a relevant field (Business Admin, Accounting, Finance, Data Science, CS).
• Strong interest in accounting, financial processes and emerging technologies like AI.
• Analytical mindset with proactive, innovative problem-solving.
• Strong communication skills and ability to work in an international environment.
• Proficient in Microsoft Office; familiarity with AI tools (e.g., MS Copilot, ChatGPT) is a plus.

Responsibilities

• Support quarterly closing activities related to IFRS17.
• Coordinate IFRS17 Update Call for the International Organisation.
• Drive AI adoption within the team and support day-to-day use of AI tools.
• Help develop innovative AI use cases to enhance efficiency and automation.

Skills

Analytical mindset

Proactive problem-solving

Strong communication

AI literacy / interest in AI

Microsoft Office proficiency

Education

Currently pursuing a degree in Business Administration, Accounting, Finance, Data Science, CS or related field

Tools

Microsoft Office

Job description

RIA1.1 (RI Closing, Reporting & Governance) is responsible for the governance, coordination, quality assurance, and further development of Munich Re's reinsurance accounting and closing processes. The department ensures reliable financial reporting through strong controls, centralized IFRS 17 quality assurance, global closing coordination, and continuous enhancement of systems and data processes. RIA1.1 acts as a key interface between accounting, reporting, IT, and international entities, driving efficiency, consistency, and compliance across the organization.

Your Job

• Supporting the quarterly closing activities related to IFRS17
• Preparation and coordination of the IFRS17 Update Call for the International Organisation
• Drive AI adoption within our team and support day-to-day use of AI tools
• Support to develop innovative AI use cases to enhance efficiency and automation

Your Profile

• Currently pursuing a degree in Business Administration, Accounting, Finance, Data Science, Computer Science, or a related field
• Strong interest in accounting, financial processes, and emerging technologies such as Artificial Intelligence
• Analytical mindset with a proactive and innovative approach to problem-solving
• Strong communication skills and the ability to work in an international environment
• Proficient in Microsoft Office; experience with AI tools such as Microsoft Copilot or ChatGPT is an advantage

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.

Oksana Kern / Nina Hartmuth Coordination Students Program

* 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