Actuarial Co-op, Property and Casualty Risk Specialist

2 weeks ago


Toronto, Ontario, Canada Munich Re Full time
Job Summary

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 Property and Casualty Risk team, you will assist in the Own Risk Solvency Assessment processes, support the preparation and quantification of quarterly risk report capital analyses, and provide support in fulfilling regulatory and group reporting requirements.

Key Responsibilities
  • Assist in the Own Risk Solvency Assessment processes;
  • Support the preparation and quantification of quarterly risk report capital analyses of the primary and reinsurance units;
  • Provide support in fulfilling regulatory and group reporting requirements;
  • Provide additional support in other actuarial areas, as needed.
Requirements
  • Currently pursuing an undergraduate degree in Actuarial Science, Math, or Statistics, or equivalent program - in healthy academic standing;
  • Excellent communication skills - spoken & written, formal/informal presentation;
  • 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;
  • 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 Office Suite, as well as experience with spreadsheet and database applications;
  • Exposure to VBA is considered an asset;
  • Preference for candidates who have relevant work experience, having already completed at least one placement (or approx. 4+ months in-field experience).
About Munich Re

Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.

We offer a full range of traditional risk-transfer solutions through Property and Casualty, Treaty and Facultative reinsurance. As risk evolves and changes, Munich Re focuses on innovation by developing products and services on the forefront of change.

Our co-op placements provide you with an excellent opportunity to practically apply your classroom and technical training in the reinsurance 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, including an average of 2 days in office/week with the remaining days working from home. Students are expected to relocate to the city in which they work for the duration of their co-op/internship, so they can fully benefit from the full program integration.



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