Summer Leadership Development Re/Insurance Internship - Claims
Location: Philadelphia, Pennsylvania
Type: Full Time
Preferred Education: 4 Year Degree
Competitive hourly rate and relocation stipend.
4 Year Degree
2 openings available.
*Applicants requiring employer sponsorship of a visa will not be considered for this position.
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.
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 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 4 possible locations: Princeton, NJ; Atlanta, GA; Philadelphia, PA; or Chicago, IL. While we consider interns’ location preferences, applicants should be open to all four cities as placement will ultimately depend on business need.
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
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
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.
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.