Underwriting Co-op (2025 Fall - Toronto, 8 or 12 months)

ERGO Group AG; Toronto; Hybrid; CAD 40,000 - 70,000; Full time

Job summary

Ein innovatives Unternehmen sucht einen engagierten Underwriting Co-op für eine spannende 8- oder 12-monatige Position in Toronto. Diese Rolle bietet die Möglichkeit, praktische Erfahrungen in der Versicherungsbranche zu sammeln, während Sie eng mit erfahrenen Fachleuten zusammenarbeiten. Sie werden in einem dynamischen Umfeld arbeiten, das sowohl technisches Know-how als auch starke Kommunikationsfähigkeiten erfordert. Diese Position ist ideal für Studierende, die ihre akademischen Kenntnisse in der Praxis anwenden und sich auf eine Karriere in der Versicherungsbranche vorbereiten möchten. Nutzen Sie die Chance, in einem führenden Unternehmen der Branche zu lernen und zu wachsen.

Qualifications

• Der Bewerber sollte über starke Kommunikationsfähigkeiten verfügen.
• Mathematische Fähigkeiten und organisatorische Fähigkeiten sind erforderlich.

Responsibilities

• Unterstützung bei der Erstellung neuer Geschäftsanträge für Versicherungen.
• Vorbereitung von Berichten in Excel, Word und PowerPoint.

Skills

Kommunikationsfähigkeiten

Mathematische Fähigkeiten

Organisationsfähigkeiten

Multitasking-Fähigkeiten

Education

Bachelor in Betriebswirtschaft/Handel

Tools

Microsoft Office Suite

Job description

Underwriting Co-op (2025 Fall - Toronto, 8 or 12 months)

Company
Temple Insurance Company
Location
Toronto, Canada

POSITION: Underwriting Co-op (2025 Fall – Toronto, 8 or 12 months)
LOCATION: Toronto, ON
DURATION: 8 or 12 Months
ANTICIPATED START DATE: September 2, 2025
NUMBER OF POSITIONS: 1
APPLICATION DEADLINE: TBD

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. 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.

Munich Re is one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world. Operating worldwide, the Munich Re Group and its business units provide insurance solutions of varying degrees of risk and complexity across a wide range of lines of business. Our consistent risk management approach, technical knowledge, financial stability, and client proximity make us a sought-after, trusted business partner. We offer a full range of traditional risk-transfer solutions through Property and Casualty insurance, as well as Treaty and Facultative reinsurance. As risk evolves and changes, Munich Re focuses on innovation by developing products and services on the forefront of change. Together with our clients, we will shape the future of our industry.

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 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. 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
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. Note that this opportunity supports Temple Insurance Company, a Canadian federally licensed insurance company whose headquarters are in Toronto Ontario. Temple is a wholly owned subsidiary of Münchener Rückversicherungs-Gesellschaft (Munich Reinsurance Company) headquartered in Munich Germany.”

Job Responsibilities
Work term responsibilities may include, but are not limited to the following:

Corporate Underwriting (MR F&C)
• Setup New Business for Casualty and Property Corporate underwriters;
• Prepare loss runs;
• Help with file completeness audits;
• Prepare quotes and binders;
• Review corporate policy documents and wordings;
• Assist underwriters in analyzing client submissions;
• Request account information and follow-up for missing information;
• Opportunity to attend luncheons with corporate UW & clients;
• 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.

Qualifications
First and foremost, we’re looking for well-rounded individuals who are technically astute, have strong communication skills, and demonstrate the ability to build strong relationships with internal and external clients.

Specifically, we’re looking for the following qualifications:
• 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;
• 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.