Underwriting Co-op (2026 Fall - Toronto, 4 months)

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

About The Position

This co-op placement offers an excellent opportunity to practically apply classroom and technical training in the insurance industry. The co-op 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 future leadership in the field. Munich Re is the world's leading reinsurance company with over 40,000 employees globally, operating under a hybrid working model (3 days in office, 2 days remote). Students are expected to relocate to the city of their work term to fully benefit from program integration and must be legally entitled to work in Canada. This role supports Temple Insurance Company, a wholly owned subsidiary of Munich Reinsurance Company.

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
  • Must be returning to in-class studies upon completion of the work term, or a recent graduate (degree obtained within the past year)

Nice To Haves

  • Relevant work experience, having already completed at least one placement (or approx. 4+ months in-field experience)

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
  • Carry out research for client events, and promotional materials/products
  • Prepare reports as may be required in Excel, Word, and PowerPoint formats
  • Assist department underwriters and managers, as required

Benefits

  • Vacation pay
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