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About the Role

This co-op placement offers an excellent opportunity to apply classroom and technical training in the insurance industry. You will be coached by experienced professionals, exposed to leadership, and challenged as a valuable team member, contributing meaningful work and developing a solid foundation for future leadership. You will work closely with underwriters and other key individuals in the Toronto office, supporting Temple Insurance Company, a subsidiary of Munich Re.

Responsibilities

Setup new business for Casualty and Property Corporate underwriters
Prepare loss runs
Assist with file completeness audits
Prepare quotes and binders
Support underwriters in analyzing client submissions
Request account information and follow-up for missing details
Attend luncheons with corporate underwriters and clients
Conduct research for client events and promotional materials/products
Prepare reports in Excel, Word, and PowerPoint formats
Assist department underwriters and managers as required

Requirements

Currently pursuing an undergraduate degree in Business Administration/Commerce, or an equivalent program, with a focus on insurance and in healthy academic standing
Excellent communication skills, both spoken and written, for formal and informal presentations
Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint
Strong mathematical aptitude
Solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment, particularly in data entry
Proven capability to multi-task and successfully self-manage multiple priorities and projects
Effective working both independently and as part of a team
Demonstrates leadership qualities including clear-thinking, curiosity, integrity, and drive
Preference for candidates with relevant work experience, having completed at least one placement (approximately 4+ months in-field experience)
Expected to relocate to the city of work for the duration of the co-op/internship
Legally entitled to work in Canada for the entire duration of the co-op work term
Open to current students returning to in-class studies or recent graduates who obtained their degree within the past year

Skills

Technical acumen
Communication skills
Relationship building
Microsoft Office Suite
Excel
Word
PowerPoint
Mathematical aptitude
Organizational skills
Attention to detail
Accuracy
Data entry
Multi-tasking
Self-management
Teamwork
Independent work
Leadership
Clear-thinking
Curiosity
Integrity
Drive

Location

Toronto, ON
390 Bay St, Toronto
Hybrid (3 days in office, remaining days working from home)

Work Type

Co-op
8 or 12 Months
Hybrid

Experience Level

Undergraduate degree in progress
Preference for candidates with at least one relevant placement (approx. 4+ months in-field experience)
Recent graduates (within the past year)

Education Level

Undergraduate degree in Business Administration/Commerce or equivalent program

Salary/Compensations

$850 to $1300 per week

Benefits

Vacation pay

About the Company

Munich Re is the world’s leading reinsurance company with over 40,000 employees in more than 50 locations globally.
The company introduces a paradigm shift in insurance, turning uncertainty into manageable risk to enable fundamental change.
Munich Re is a top provider of reinsurance, primary insurance, and insurance-related risk solutions worldwide.
The Munich Re Group offers insurance solutions of varying degrees of risk and complexity across a wide range of lines of business.
Known for its consistent risk management approach, technical knowledge, financial stability, and client proximity, making it a trusted business partner.
Offers a full range of traditional risk-transfer solutions through Property and Casualty insurance, as well as Treaty and Facultative reinsurance.
Focuses on innovation by developing products and services at the forefront of change, shaping the future of the industry with clients.
Temple Insurance Company, a Canadian federally licensed insurance company headquartered in Toronto, Ontario, is a wholly owned subsidiary of Münchener Rückversicherungs-Gesellschaft (Munich Reinsurance Company).

Equal Opportunity

Munich Re recognizes Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.