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Actuarial Co-op, Life and Health Professional

1 month ago

Toronto, Ontario, Canada Munich Re Full time
Actuarial Co-op Opportunity

Munich Re is seeking a highly motivated and detail-oriented Actuarial Co-op to join our team in Toronto. As a key member of our Actuarial team, you will have the opportunity to work on a variety of projects, including biometric research, individual reinsurance solutions, group reinsurance solutions, and corporate actuarial.

Key Responsibilities
  • Assist in the development of mortality, morbidity, and lapse assumptions for Life and Living Benefits insurance products;
  • Conduct and review company and industry experience studies;
  • Develop actuarial insights from analyzing large Canadian and US datasets;
  • Support Pricing and Valuation on pricing quotes and assumption review/analysis;
  • Prepare presentations and other material to communicate results internally or externally.
Requirements
  • Currently pursuing an undergraduate degree in Actuarial Science, Math, or Statistics, Risk Management, or equivalent program;
  • Successful completion of one SOA exam (with two or more preferred);
  • Excellent communication skills - spoken & written, formal/informal presentation;
  • Demonstrated ability to create and manage positive professional relationships with good client service acumen;
  • Proven capability to multi-task and successfully self-manage multiple priorities and projects of various significance;
  • Exhibits solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment;
  • Demonstrates leadership qualities - clear-thinking, curiosity, integrity, and drive;
  • Proficient in Microsoft Excel, Access, and Word;
  • Exposure to AXIS is considered an asset;
  • Preference for candidates who have relevant work experience, having already completed at least one placement (or approx. 4+ months co-op/intern experience).
About Munich Re

Munich Re is a leading reinsurance company with over 40,000 employees in over 50 locations around the globe. We are committed to providing a work environment that is inclusive and free of employment barriers and discrimination. We offer a unique opportunity to work with a global team and contribute to the development of innovative solutions in the life insurance industry.