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    Reinsurance Accounting Operations Co-op

    Munich Re logo

    Munich Re

    10,001+ employeesFounded 1880Munich, BavariaInsurance
    Posted 22 days agoApply by Aug 23Actively hiringPaidFall 2026Insurance

    Best applied by Aug 23

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    About the role#

    Reporting to a manager within Reinsurance Accounting, this co-op position supports the North American Reinsurance Accounting Operations team. This 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 to gain exposure to reinsurance accounting processes and the quarterly close cycle.

    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 under supervision.
    • Help prepare working papers used in the quarterly close process.
    • Assist with maintaining accurate records for premiums, commissions, claims, or other reinsurance-related balances.
    • Assist with preparing routine reports and supporting schedules for internal review.
    • Help track outstanding items, open queries, and follow-up actions.
    • Support the update of process documentation, checklists, and desktop procedures.

    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 working with Microsoft Office applications, including Word, Outlook, and PowerPoint.
    • Strong organizational skills and the ability to manage assigned tasks and deadlines.
    • Ability to work collaboratively in a team environment and ask questions when clarification is needed.

    Location & details#

    • Location: Toronto, Ontario.
    • Term: Fall 2026 (4 months).
    • Modality: Hybrid (typically 2-3 days in office per week).
    • Compensation: $850 to $1,100 per week.
    • Status: Full-time.
    Relevant fieldsAccountingFinanceBusiness AdministrationEconomics

    About Munich Re

    Munich Re provides reinsurance, primary insurance, and risk solutions to clients globally. Founded in 1880, the company operates through its reinsurance and ERGO business segments alongside its capital investment arm, MEAG. It covers risks ranging from cyber threats and pandemics to construction and marine projects. The organization employs over 10,000 people and maintains its headquarters in Munich, Bavaria.

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    Munich Re logoMunich Re
    Open internships3
    Employees10,001+ employees
    Founded1880

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