About the role#
Reporting to a manager within Reinsurance Accounting, you will support the North American Reinsurance Accounting Operations team. This role is a learning opportunity focused on basic accounting, reporting, reconciliation, and process documentation. You will work under the guidance of experienced team members on tasks with limited scope and supervision. The position emphasizes accuracy, organization, and timely completion of work.
What you'll do#
- Assist with the review and organization of client data and accounting support files.
- Support basic reconciliations and follow up on simple variances.
- Help prepare working papers used in the quarterly close process.
- Support the tracking of outstanding items, open queries, and follow-up actions.
- Assist with maintaining accurate records for premiums, commissions, claims, and other reinsurance-related balances.
- Assist with preparing routine reports and supporting schedules.
- Help organize documentation used for management reporting and internal discussions.
- Assist with updating process documentation, checklists, and desktop procedures.
- Support process improvement activities.
What you'll need#
- Current enrollment in a university or college program in Accounting, Finance, Business, Commerce, or a related field.
- Interest in accounting, financial reporting, insurance, or reinsurance operations.
- Basic to intermediate knowledge of Microsoft Excel.
- Comfort using Microsoft Office applications, including Word, Outlook, and PowerPoint.
- Strong organizational skills and the ability to manage assigned tasks and deadlines.
- Good communication skills and the ability to ask questions when clarification is needed.
- Ability to work collaboratively in a team environment.
- You must upload an unofficial transcript with your application.
Location & details#
- Location: Toronto, Ontario.
- Term: Winter 2027 (4 months).
- Work Modality: Hybrid, with a minimum of 3 days in the office per week.
- Compensation: $850 to $1,100 per week.
- Status: Paid, full-time co-op position.
About Munich Re
Munich Re provides reinsurance, primary insurance, and risk solutions to clients globally. Founded in 1880 and based in Munich, the company operates through its reinsurance and ERGO business segments alongside its capital investment arm, MEAG. It covers a range of risks including cyber threats, renewable energy, and property insurance. The organization employs over 10,000 people and maintains a focus on risk assessment and digital transformation.
How to get in at Munich Re
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