About the Role
This co-op placement offers a practical application of classroom and technical training within the insurance industry. You will be coached by experienced professionals, exposed to leadership, challenged as a valuable team member, and mentored to develop a foundation for future leadership.
Responsibilities
- Setup New Business for Casualty and Property Corporate underwriters
- Prepare loss runs
- Help with file completeness audits
- Prepare quotes and binders
- Assist underwriters in analyzing client submissions
- Request account information and follow-up for missing information
- Attend luncheons with corporate UW & clients
- Carry out 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 equivalent program with a focus on insurance and in healthy academic standing
- Excellent communication skills – spoken & written, formal/informal presentation
- Proficient in Microsoft Office Suite, particularly in Excel, Word, and PowerPoint
- Mathematical aptitude
- Solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment, particularly in relation to data entry
- Proven capability to multi-task and successfully self-manage multiple priorities and projects of various significance
- Effective working both independently and as part of a greater team
- Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive
- Preference for candidates who have relevant work experience, having already completed at least one placement (or approx. 4+ months in-field experience)
- Must be legally entitled to work in Canada for the entire duration of the co-op work term
Skills
- Microsoft Office Suite
- Excel
- Word
- PowerPoint
- Data entry
- Communication
- Organization
- Attention to detail
- Multi-tasking
- Self-management
- Teamwork
- Leadership
Location
- Toronto, ON
Work Type
- Hybrid
- Co-op
- 4 months
Experience Level
- Co-op student
- Recent graduate (within past year)
Education Level
- Undergraduate degree in Business Administration/Commerce or equivalent program
Salary/Compensations
- $850 - $1300 per week plus vacation pay
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.
- We enable fundamental change by turning uncertainty into manageable risk.
- We are a top provider of reinsurance, primary insurance, and insurance-related risk solutions.
- We offer a full range of traditional risk-transfer solutions through Property and Casualty insurance, as well as Treaty and Facultative reinsurance.
- Munich Re focuses on innovation by developing products and services on the forefront of change.
- Temple Insurance Company is a Canadian federally licensed insurance company, headquartered in Toronto, Ontario, and is a wholly owned subsidiary of Münchener Rückversicherungs-Gesellschaft (Munich Reinsurance Company).
Equal Opportunity
- We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.
