Munich Re Actuarial Graduate Learner Opportunity

We are looking for a highly motivated Actuarial Graduate Trainee to join our Non-Life Corporate Actuarial team. This role offers exposure to non-life reserve monitoring and projection, IFRS 17 reporting, regulatory reporting, and business performance analysis across the Sub-Saharan African portfolio, providing a strong foundation for a career as a professional actuary. As a Graduate, you will participate in soft skills and technical training, receive mentorship and on-the-job training from experienced actuaries, and gain experience across reserving, financial reporting, capital management and business performance analysis. You will also participate in cross-functional workstreams and develop a strong understanding of the role of a reserving and reporting actuary within a global reinsurance environment.

Broader exposure may include supporting the quarterly and annual non-life reserving process, assisting with IFRS 17 reporting, quality assurance of input assumptions, and analysis of financial results, capital regulatory reporting, and performance trends. You will work with actuarial models and reporting tools, developing and automating actuarial processes using Excel and data analytics tools.

• Participate in the quarterly and annual non-life reserving process.
• Assist with IFRS 17 reporting, quality assurance of input assumptions, and analysis of financial results.
• Support regulatory capital reporting.
• Perform data validation, reconciliation, and movement analyses.
• Analyze trends and performance of non-life reinsurance business.
• Work with actuarial models and reporting tools.
• Develop and automate actuarial processes using Excel and programming / data analytics tools.
• Prepare actuarial reports, presentations, and management information.
• Collaborate with actuaries and stakeholders across the business and globally.

• Recent Actuarial Science Graduate (Undergraduate/Honours). Due to onboarding timelines, applicants who will only complete their undergraduate degree in 2026 will not be considered for this intake.
• Working knowledge of statistical and mathematical methods and analysis.
• Strong attention to detail and commitment to producing high-quality work.
• Good written and verbal communication skills.
• Ability to learn quickly, manage multiple priorities, and work effectively within a team.
• Include your academic transcript, as applications without one may not be considered.

• Learning and Development opportunities.
• Support with Actuarial Exams.
• 12 months fixed-term contract with a possible 12-month extension.
• Competitive salary and company performance-based incentives.
• Recognition and special rewards for outstanding contributions.
• Retirement planning support aligned with local regulations.
• Inclusive workplace culture fostering respectful and values-driven environments.