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About the Role
This co-op placement offers an excellent opportunity to practically apply classroom and technical training in the insurance industry. You will be coached by experienced professionals, exposed to leadership, challenged as a valuable team member, and mentored to develop a solid foundation for a future career in the field.
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
- Proven capability to multi-task and successfully self-manage multiple priorities and projects
- Effective working both independently and as part of a greater team
- Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive
- Preference for candidates with relevant work experience, having 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
- 8 or 12 months
Experience Level
- Co-op student
- Recent graduate (within the past year)
Education Level
- Undergraduate degree in Business Administration/Commerce or equivalent program
Salary/Compensations
- $850 - $1050 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 committed to Diversity, Inclusion, and Belonging, fostering a culture that welcomes diverse thoughts and opinions.
- We are continuously innovating on behalf of our clients.
- Munich Re is a top provider of reinsurance, primary insurance, and insurance-related risk solutions worldwide.
- We offer a full range of traditional risk-transfer solutions through Property and Casualty insurance, as well as Treaty and Facultative reinsurance.
- Temple Insurance Company, a wholly owned subsidiary of Munich Re, is a Canadian federally licensed insurance company headquartered in Toronto, Ontario.
Equal Opportunity
- We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.