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About the Role

This co-op placement offers a practical learning opportunity in the reinsurance industry, providing exposure to accounting, reporting, reconciliation, and process documentation activities within the North American Reinsurance Accounting Operations team. Students will be coached, mentored, and challenged as valuable team members, contributing to meaningful work and developing a foundation for future leadership.

Responsibilities

Assist with the review and organization of client data and accounting support files.
Support basic reconciliations and follow up on simple variances under supervision.
Help prepare working papers used in the quarterly close process.
Support the tracking of outstanding items, open queries, and follow-up actions.
Assist with maintaining accurate records for premiums, commissions, claims, or other reinsurance-related balances.
Assist with preparing routine reports and supporting schedules for internal review.
Help organize documentation used for management reporting and internal discussions.
Assist with updating process documentation, checklists, and desktop procedures.
Support process improvement activities, where appropriate.

Requirements

Currently enrolled in a university or college program in Accounting, Finance, Business, Commerce, or a related field.
Interest in accounting, financial reporting, insurance, or reinsurance operations.
Basic to intermediate knowledge of Microsoft Excel.
Comfortable working with Microsoft Office applications, including Word, Outlook, and PowerPoint.
Strong organizational skills and ability to manage assigned tasks and deadlines.
Good communication skills and ability to ask questions when clarification is needed.
Ability to work collaboratively in a team environment.

Skills

Microsoft Excel
Microsoft Office Suite (Word, Outlook, PowerPoint)
Organizational skills
Communication skills
Teamwork

Location

Toronto, ON

Work Type

Hybrid
Co-op

Experience Level

Co-op Student

Education Level

University or college program in Accounting, Finance, Business, Commerce, or a related field

Salary/Compensations

$850 to $1,100 per week

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 enables fundamental change by turning uncertainty into manageable risk.
Munich Re prioritizes Diversity, Inclusion, and Belonging, fostering a culture that welcomes diverse thoughts and opinions.
The company is continuously innovating and dares to think big.
Munich Re's data, technology, and teams are driving transformative change in the life insurance industry.
The company invests strategically in talent, offering a work experience that promotes professional development, innovation, and rewards high performance.

Equal Opportunity

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination.
Accommodations will be made for qualified applicants with a disability throughout the recruitment process.
Contact AODARequestHR@munichre.ca for accommodation requests.