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About the Role

Co-op placements offer an excellent opportunity to apply classroom and technical training in the insurance industry. Interns will be coached by experienced professionals, exposed to leadership, challenged with meaningful work, and mentored to develop a solid foundation for future leadership.

Responsibilities

• Assist underwriters in analyzing client submissions and underwriting functions.
• Analyze inspection and loss control reports.
• Map out property and auto fleet schedules for rating purposes.
• Prepare reports in Excel, Word, and PowerPoint formats.
• Review facultative policy documents and wordings.
• Request account information and follow-up for missing information.
• Partake in luncheons with facultative underwriters and clients.
• Carry out research for client events, and promotional materials/products.
• Assist department underwriters and managers, as required.

Requirements

• Legally entitled to work in Canada for the entire co-op duration.
• Professional, with great communication skills and ability to build strong relationships with internal and external clients.
• Currently pursuing an undergraduate degree in Business Administration/Commerce, or equivalent program.
• Healthy academic standing (preferred).
• Relevant work experience, having completed at least one placement (or approx. 4+ months in-field experience) (preferred).
• Open to current students returning to in-class studies upon work term completion.
• Open to recent graduates who obtained their degree within the past year.

Skills

• Communication skills (spoken & written, formal/informal presentation).
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• Mathematical aptitude.
• Solid organizational skills and rigorous attention to detail/accuracy (data entry).
• Capability to multi-task and successfully self-manage multiple priorities and projects.
• Effective working both independently and as part of a greater team.
• Leadership qualities (clear-thinking, curiosity, integrity, and drive).

Location

• Toronto, ON
• 390 Bay St

Work Type

• Co-op
• 8 or 12 Months
• Hybrid working model (50% in office, remaining days from home)

Experience Level

• Relevant work experience, having completed at least one placement (or approx. 4+ months in-field experience) (preferred).

Education Level

• Undergraduate degree in Business Administration/Commerce, or equivalent program (focus on insurance preferred).

Salary/Compensations

• $850 - $1300 per week, plus 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.
• Introduces a paradigm shift in insurance by turning uncertainty into manageable risk, enabling fundamental change.
• One of the top providers of reinsurance, primary insurance, and insurance-related risk solutions worldwide.
• 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 on the forefront of change.

Equal Opportunity

• Recognizes Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.