Business Analyst Intern, Treaty Underwriting (2026 Winter - Toronto, 8 months)

Munich Re CareersToronto, ON
CA$850 - CA$1,300Hybrid

About The Position

Our co-op placements provide you with an excellent opportunity to practically apply your classroom and technical training in the insurance industry. While with our team, you’ll be coached by experienced industry professionals, exposed to Munich Re leadership, challenged as a valuable team member and contributor doing meaningful work, and mentored to develop a solid foundation that will help position you as a future leader in the field. Munich Re is operating under a hybrid working model, with the expectation of being in the office 50% of the time and the remaining days working from home. Students are expected to adhere to this policy so they can fully benefit from the full program integration. In addition, it is the responsibility of the candidate to ensure that they are legally entitled to work in Canada for the entire duration of their co-op work term at Munich Re. Position Overview Working within the Facultative Underwriting team, you’ll work closely with other Underwriters within their respective departments, as well as with other key individuals across the organization in our Toronto office.

Requirements

  • Currently pursuing an undergraduate degree in Business Administration/Commerce, or equivalent program –a focus on insurance and healthy academic standing is preferred;
  • Excellent communication skills – spoken & written, formal/informal presentation;
  • Proficient in Microsoft Office Suite, particularly in: Excel, Word, and PowerPoint;
  • Mathematical aptitude;
  • Exhibits 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).
  • Note that this opportunity is open to both current students who are returning to in-class studies upon the completion of the work term, as well as recent graduates who have obtained their degree within the past year.
  • It is the responsibility of the candidate to ensure that they are legally entitled to work in Canada for the entire duration of their co-op work term at Munich Re.

Nice To Haves

  • a focus on insurance and healthy academic standing is preferred

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 as may be required 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.

Benefits

  • vacation pay
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