Reinsurance Accounting Operations Co-op (Fall 2026 - Toronto, 4 months)
About The Position
This co-op placement offers an excellent opportunity to practically apply classroom and technical training in the reinsurance industry. The student will be coached by experienced industry professionals, exposed to Munich Re leadership, challenged as a valuable team member doing meaningful work, and mentored to develop a solid foundation for a future leadership role. Munich Re operates under a hybrid working model, requiring an average of 2-3 days in the office per week, with the remaining days worked from home. Students are expected to relocate to the city of their work for the duration of the co-op to fully benefit from program integration, networking, soft skill development, and immersion in Munich Re culture. The Co-op Student will support the North American Reinsurance Accounting Operations team with basic accounting, reporting, reconciliation, and process documentation activities. This role is a learning opportunity for students pursuing studies in accounting, finance, business, commerce, or a related field, working under the guidance of experienced team members on tasks with limited scope and appropriate supervision. The role provides exposure to reinsurance accounting processes, quarterly close support, client data review, reporting support, and process improvement activities, with a focus on accuracy, organization, and timely completion.
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.
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.
Benefits
- Professional development
- Innovation
- Rewards high performance
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What This Job Offers
Career Level
Intern
Education Level
No Education Listed
