Munich Re – Client Management Co-op (2025 Fall – Toronto, 4 months) – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Thu, 22 May 2025 05:49:25 GMT

Job description: POSITION: Client Management Co-op (2025 Fall – Toronto, 4 months)
LOCATION: Toronto, ON
DURATION: 4 Months
ANTICIPATED START DATE: September 2, 2025
NUMBER OF POSITIONS: 1
APPLICATION DEADLINE: June 9, 2025Together, 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 adhere to this policy 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
Working with Client Managers and Business Analysts, you will be assigned a variety of responsibilities based on demand and interest with focus on developing essential skills and competencies as a member of the Client Management team, in the reinsurance industry. This role will support all members of the Client Management Team.
Job Responsibilities
Work term responsibilities will include, but not be limited to the following:Support client management and business analytics functions;

  • Participate in the development of financial analysis and underwriting dashboards and templates;
  • Research, clean, compile and analyze financial and business data;
  • Update CRM, SharePoint, databases and other client management tools;
  • Design, prepare and distribute Client Management reports and presentations;
  • Work on Client Management projects and business processes;
  • Social Media Champion – LinkedIn.

Qualifications
First and foremost, we’re looking for well-rounded individuals who are professional, have great communication skills, and demonstrate the ability to build strong relationships with both internal and external stakeholders. You’ll be joining an energetic and goal-oriented team that uses a collaborative approach to working within all areas of the company, and focuses on achieving the greater objectives of Munich Re.
Specifically, we’re looking for the following qualifications:

  • Enrolled in Finance/Business Administration, or Actuarial/Mathematical/Economic Science, or IT/Computer/Data Science, or equivalent program
  • Strong skills in Microsoft Office Suite, particularly in: Excel, Power BI, Word and PowerPoint;
  • Exhibits solid organizational skills and rigorous attention to detail/accuracy in a fast-paced environment – particularly in relation to data;
  • Open to learning new technology; familiarity with SharePoint, SQL and Gen AI is an asset
  • 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;
  • Strong communication skills – spoken & written, formal/informal presentation;
  • Demonstrates leadership qualities – clear-thinking, curiosity, integrity, and drive.

Note that this opportunity is open to both current students who will be returning to in-class studies upon the completion of the internship, as well as recent graduates who have obtained their undergraduate degree within the past year.

Munich Re – Director, National Underwriting – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Sun, 11 May 2025 02:13:10 GMT

Job description: HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering-based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big, and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit:Location: CanadaPrimary Objectives:The Director, National Underwriting, is a senior leadership role responsible for overseeing the production underwriting process and managing the National Underwriting team across HSB Canada. This role requires a strategic and operational mindset to guide the team towards achieving underwriting goals, optimizing workflows, and ensuring high-quality service delivery across all locations. The Director will work closely with key stakeholders to shape underwriting strategies, improve operational processes, and drive the success of the underwriting function within the organization.For technical reasons, the location of this job has been entered as Toronto. However, the location of this position is flexible to be based out of one of our regional Hubs.Please apply online and submit your candidacy by EOD May 5th.Report to: AVP of National Underwriting and Underwriting SupportKey Responsibilities:

  • Leadership & Strategy: Lead the National Underwriting team in Canada, ensuring alignment with HSB Canada’s business objectives and underwriting guidelines. Collaborate with the AVP of National Underwriting and Underwriting Support and Director of Underwriting Support to define and execute the underwriting strategy.
  • Team Management: Direct, mentor, and develop a high-performing team of underwriters across multiple locations. Provide ongoing training to ensure expertise and professionalism in underwriting practices.
  • Operational Excellence: Drive the optimization and standardization of workflows across all offices, ensuring consistent and efficient processes for inbound, underwriting, and outbound activities.
  • Process & Capacity Management: Identify and implement process improvements to enhance underwriting efficiency, deliver high-quality results, and manage workflow effectively. Oversee workload distribution and ensure balanced capacity management across the team.
  • Collaboration & Relationship Building: Collaborate closely with the Corporate Underwriting (CU) team to ensure guidelines, wordings, pricing, and underwriting tools are up-to-date and consistently applied across the team. Develop and maintain relationships with brokers and Managing General Agents (MGAs) as part of the broader Distribution client strategy.
  • Risk Management & Auditing: Co-underwrite risks beyond the authority of individual underwriters, ensuring appropriate review and decision-making. Lead and orchestrate underwriting audits to ensure compliance with standards.
  • Budget & Resource Management: Plan and allocate resources effectively, managing the underwriting team’s budget in alignment with business objectives.
  • Stakeholder Engagement: Build and maintain strong relationships with key internal and external stakeholders, including the Treaty team, Director for Underwriting Support, Director for Business Development, TRusT, Corporate Underwriting, and Global Corporate Underwriting to drive business success.

Qualifications:

  • A bachelor’s degree in finance, Business Administration, Actuarial Science, or a related field is required.
  • Professional designations such as Chartered Insurance Professional (CIP) or Fellow Chartered Insurance Professional (FCIP) are strongly preferred.
  • 10+ years of experience in commercial underwriting, with a proven track record of success in a leadership role. Experience as an Underwriting Manager, Senior Commercial Underwriter, or Director/Head of Underwriting within a major insurance company is highly desirable. A background in broking or facultative reinsurance underwriting would also be an asset.
  • Strong understanding of the insurance market, underwriting principles, and risk management strategies. Experience in managing large-scale underwriting teams and optimizing workflows across multiple locations is preferred.
  • Demonstrated ability to lead, mentor, and develop a diverse team of underwriting professionals. Proven success in driving performance and fostering a collaborative, results-oriented team culture.
  • Excellent communication and interpersonal skills, with the ability to engage and influence both internal teams and external stakeholders.
  • Strong analytical and strategic thinking capabilities, with a focus on operational efficiency and process improvement.
  • Bilingual capabilities (English and French) are an asset but not required.

Company Benefits:Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodation will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.We thank all candidates for their interest; however, only those selected for an interview will be contacted.

Munich Re – Director, National Underwriting Support – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Sun, 11 May 2025 06:49:00 GMT

Job description: HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering-based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big, and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit:Location: CanadaPrimary Objectives:The Director of National Underwriting Support is responsible for leading the underwriting support within HSB Canada. This role oversees a nationwide team of underwriting assistants to achieve service goals, drive operational efficiencies, and ensure consistent, high-quality customer service. The Director will collaborate with key stakeholders, drive the digital transformation of processing functions, and ensure streamlined workflows and processes across all offices. This position also requires strategic and operational expertise in process, capacity, and workflow management.For technical reasons, the location of this job has been entered as Toronto. However, the location of this position is flexible to be based out of one of our regional Hubs.Please apply online and submit your candidacy by EOD May 5th.Report to: AVP of National Underwriting and Underwriting SupportKey Responsibilities:

  • Leadership & Strategy: Lead and manage the national Underwriting Support team for HSB Canada, setting goals and defining the underwriting support strategy in collaboration with the AVP of National Underwriting and Underwriting Support and Director of National Underwriting.
  • Operational Excellence: Drive the optimization and standardization of workflows, ensuring efficient execution of all processes in compliance with regulatory standards and alignment with HSB Canada’s organizational goals.
  • Collaboration & Process Improvement: Work closely with Accounting, IT, and Business Transformation teams to foster optimal collaboration and improve operational efficiency across multiple offices.
  • Digital Transformation: Lead the digital transformation of processing functions, ensuring that the team is equipped with the latest available systems and tools, and is adequately trained

them. * Project Leadership: Manage projects that enhance operational efficiency, implement new products/services, and ensure that they align with HSB Canada’s long-term business goals.

  • Budget & Resource Management: Contribute to the development of operational budgets, ensuring that the customer service and processing functions are adequately resourced to meet business needs.
  • Cost Optimization: Identify opportunities to streamline operations, reduce costs, and maintain high levels of quality and compliance.
  • Resource Planning: Plan and manage resource allocation and ensure efficient budget management for the team’s operations.

Qualifications:

  • Bachelor’s or master’s degree in business administration, Insurance, Finance, or a related field.
  • Professional certifications such as Chartered Insurance Professional (CIP), Lean Six Sigma, or other relevant qualifications are a plus.
  • 10+ years of experience in the insurance industry, with at least 5 years in a senior operations or management role, focusing on processing, policy administration, or similar functions.
  • In-depth knowledge of the latest technologies used to automate and streamline insurance processes. Proven track record of process improvement and operational efficiency within an insurance context.
  • Experience leading and managing customer service teams, driving performance, and fostering a culture of excellence and collaboration.
  • Strong background in managing operational workflows, resource planning, and ensuring that processes comply with regulatory standards and organizational goals.
  • Excellent communication and interpersonal skills, with the ability to engage and influence both internal teams and external stakeholders.
  • Energetic, mature professional with a strong ability to collaborate cross-functionally and drive team success while solving challenges constructively.
  • Bilingual capabilities (English and French) are an asset but not required.

Company Benefits:Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodation will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.We thank all candidates for their interest; however, only those selected for an interview will be contacted.

Munich Re – Director, National Business Development – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Sun, 11 May 2025 06:02:27 GMT

Job description: HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering-based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big, and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit:Location: CanadaPrimary Objectives:The Director of National Business Development is a senior leadership role responsible for managing and driving the performance and growth of the National Sales team at HSB Canada. This position involves creating and executing the national distribution strategy, navigating regulatory changes, and balancing sales growth with profitability. The role requires leadership skills to maintain motivation across a geographically diverse sales team, ensure customer satisfaction, and achieve high-quality results. As a thought leader, the Director of National Business Development will drive strategic initiatives while fostering a culture of performance excellence.For technical reasons, the location of this job has been entered as Toronto. However, the location of this position is flexible to be based out of one of our regional Hubs.Please apply online and submit your candidacy by EOD May 5th.Report to: SVP, Chief Distribution OfficerKey Responsibilities:

  • Sales Leadership: Lead the National Sales team, inspiring, motivating, and supporting them to achieve and exceed all sales targets. Maintain high standards of performance, customer service, and professionalism across the team.
  • Sales Strategy: Develop and implement a long-term sales strategy that aligns with HSB Canada’s business goals, ensuring adaptability to market changes and volatile conditions.
  • Customer Loyalty & Satisfaction: Demonstrate a deep commitment to building and maintaining strong customer loyalty and driving customer satisfaction through proactive solutions.
  • Data-Driven Decision Making: Analyze data and sales metrics to make informed decisions, optimize sales strategies, and measure performance.
  • Cross-Department Collaboration: Work closely with departments such as Treaty, Marketing, Underwriting, Underwriting Support, TRusT and New Products to align and drive company-wide sales goals.
  • Financial & Pricing Strategy: Understand profit and loss, pricing strategies, and financial models within the insurance industry to make decisions that balance sales growth with profitability.
  • Resource Management: Plan resource allocation and manage the sales department’s budget to ensure optimal performance.
  • Team Development: Lead, mentor, and develop the sales team, ensuring continuous improvement, nurturing individual strengths, and addressing performance issues when necessary.

Qualifications:

  • Bachelor’s degree in business, Marketing, Insurance, Finance, or a related field. An MBA or other advanced qualifications is a plus.
  • Professional certifications such as Chartered Insurance Professional (CIP) or Fellow Chartered Insurance Professional (FCIP) are preferred.
  • 10+ years of experience in insurance sales, with at least 5+ years in a leadership role in Property & Casualty insurance. Proven track record of achieving revenue growth and managing large sales teams. Strong connections within the Canadian market, especially with brokers, MGAs, and primary insurance companies.
  • Energetic, mature professional with a strong ability to collaborate across departments and solve challenges constructively.
  • Deep commitment to building customer loyalty and driving satisfaction through proactive and effective solutions.
  • Passion for mentoring and developing team members, fostering a culture of continuous improvement, and nurturing individual strengths.
  • Strong analytical skills and strategic thinking, with a focus on data-driven decision-making and continuous improvement.
  • Excellent communication and interpersonal skills, with the ability to engage and influence both internal teams and external stakeholders.
  • Bilingual capabilities (English and French) are an asset but not required.

Company Benefits:Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodation will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.We thank all candidates for their interest; however, only those selected for an interview will be contacted.

Munich Re – Director, Risk Management (Secondment) – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Sun, 11 May 2025 04:06:49 GMT

Job description: HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit:Primary Objectives:The Director, Risk Management & Business Continuity is responsible for overseeing risk management, internal controls, and business continuity for HSB Canada. This role involves coordinating with risk owners to ensure the effective identification and management of risks, ensuring alignment with group risk management processes, and communicating key risk topics with external stakeholders (regulators, auditors). The Director will also lead and manage the company’s Business Continuity Management (BCM) strategy, as well as the integration of operational risk controls and frameworks.This position is a minimum 12-month secondment, offering a unique opportunity to collaborate closely with HSB Group, Munich Re America Services, and key external stakeholders. The role is instrumental in driving effective risk mitigation strategies and ensuring robust business continuity planning. This position reports directly to the Chief Financial Officer and has one direct report.For technical reasons, the location of this job has been entered as Toronto. However, the location of this position is flexible to be based out of one of our regional Hubs.Please apply online and submit your candidacy by EOD May 5th.Key Responsibilities:

  • Risk Management & Reporting:
  • Prepare, review, and analyze materials for the Board of Directors in support of Corporate Risk Governance processes.
  • Identify, monitor, and report on risks through the preparation of a quarterly Risk Report.
  • Communicate with external stakeholders, including regulators and auditors, regarding risk topics.
  • Develop risk culture and awareness through education programs and training for staff on risk management practices.
  • Internal Controls:
  • Manage the company’s key controls framework through Operational Risk Control System and Model Audit Rule Sarbanes-Oxley (MARSOX).
  • Oversee the effectiveness of operational risk controls, including updating controls, developing test plans, conducting testing, and reporting.
  • Administer walkthroughs, training, and framework updates in alignment with company policies and industry standards.
  • Collaborate with Munich Re Group and HSB Group for activities related to risk management and controls.
  • Business Continuity:
  • Develop, maintain, and administer the Business Continuity Management (BCM) strategy, data, and infrastructure in collaboration with decentralized resources.
  • Oversee the identification of BCM exposure and ensure effective mitigation of risks.
  • Lead the creation and maintenance of Business Continuity Plans (BCP), Business Impact Analysis, and Threat Analysis to ensure a swift and efficient recovery in case of business interruptions.
  • Manage the activation of mass notification tools and ensure continuity of operations in the event of a disaster.
  • Collaboration & Coordination:
  • Coordinate activities with HSB Group, Munich Re America Services, and other international teams to ensure alignment with risk management and business continuity best practices.
  • Work closely with the CFO, CRO, and SVP Finance to provide input on risk-related functions and ensure company-wide compliance and preparedness.
  • Team Management & Leadership:
  • Directly manage a Senior Risk Analyst and provide mentorship and leadership to ensure effective performance and development of the risk management team.
  • Actively contribute to the management and strategic direction of the company as a member of the Senior Leadership Team.

Qualifications:

  • Bachelor’s or Master’s degree in accounting, finance, mathematics, economics, risk management, actuarial science, or a related field.
  • Experience in P&C insurance or similarly regulated financial institutions (OSFI regulated).
  • 10+ years of experience in risk management, internal audit, or related fields with a proven track record in leadership roles within finance and risk management.
  • 2-3 years of experience in BCM practices and protocols, including familiarity with BCM standards (BCI, DR, ISO) and certifications related to BCM & auditing.
  • Experience in business transformation projects and system implementation related to risk management
  • Understanding of operational risk and controls in insurance and engineering business operations.
  • Strong understanding of risk management best practices, including familiarity with the Munich Re Group Risk Framework and OSFI guidelines.
  • Ability to analyze data, trends, and risks, and clearly communicate findings to key decision-makers.
  • Ability to build strong relationships both internally and externally, collaborating with peers, leadership teams, and international partners.
  • Excellent verbal and written communication skills, with the ability to present complex risk-related information to stakeholders at all levels.

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.We thank all candidates for their interest; however, only those selected for an interview will be contacted.

Munich Re – Inspector (Equipment loss prevention & control) – Toronto/GTA East – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Thu, 01 May 2025 04:56:04 GMT

Job description: HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit www.hsb.caPrimary Objectives:
HSB Canada is currently seeking an experienced professional to join our team of field experts as an Inspector (Loss Control) servicing our GTA East territory. Working within this territory, the Inspector (Loss Control) shall identify and quantify areas of equipment-based risk, including potential areas of improvement and share this expertise effectively both internally and with our client base. The Inspector (Loss Control) shall maintain relationships with clients and colleagues with a focus on risk reduction and customer service. This position is home-based with a company vehicle provided.Service Territory:
GTA EastJob Responsibilities:

  • Provide equipment breakdown loss prevention expertise by conducting routine inspections, risk re-evaluations, and claims investigations, and other related responsibilities as assigned.
  • Conduct evaluations on commercial and industrial locations with equipment ranging from HVAC to boilers/pressure vessels and production equipment.
  • Manage a territory and meet productivity goals in a cost-effective manner.
  • Work towards the continual improvement of HSB Canada’s portfolio.

Qualifications:

  • At least 3-5 years of maintenance/operations experience including boilers/pressure vessels, refrigeration and production equipment.
  • Post-secondary technical education.
  • Background in Marine, Mechanical or Stationary Engineering is recommended, but not compulsory.
  • Knowledge of ASME code (boilers and pressure vessels) is an asset, but not compulsory.
  • 2nd Class or above preferred.
  • Certificate of Competence (COC) is required to perform jurisdictional inspections in Ontario (ability to obtain).
  • National Board Commission is required (or ability to obtain; training will be provided if necessary).
  • Strong oral, written communications and computer skills (including report writing).
  • Self-motivated with good organizational skills.
  • Valid driver’s license, and ability to travel.
  • Dedication to exceptional client service.

Company Benefits:
Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.
We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.We thank all candidates for their interest; however only those selected for interview will be contacted.

Munich Re – Underwriting Co-op (2025 Fall – Toronto, 8 or 12 months) – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Wed, 07 May 2025 06:36:52 GMT

Job description: 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: TBDTogether, 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.

Munich Re – Underwriting Co-op, Property & Casualty (2025 Fall – Toronto, 8 or 12 months) – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Wed, 07 May 2025 02:03:45 GMT

Job description: POSITION: Underwriting Co-op, Property & Casualty (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: TBDTogether, 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 adhere to this policy 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
Working within the Facultative Underwriting team, 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.Job Responsibilities
Work term responsibilities will include, but not be limited to the following:Facultative Underwriting (MROC)

  • Setup New Business for Casualty and Property Facultative underwriters;
  • Clear incoming hard copy & on-line mail;
  • Send renewal letters to clients;
  • Set-up certificates for underwriter approval;
  • Assist property treaty underwriters in analyzing client submissions and underwriting functions;
  • Analyze inspection and loss control reports;
  • Map out property and auto fleet schedules for rating purposes;
  • Prepare reports as may be required in Excel, Word, and PowerPoint formats;
  • Review facultative policy documents and wordings;
  • Request account information and follow-up for missing information;
  • Partake in luncheons with facultative underwriters and clients;
  • Investigate, follow-up, and contact clients regarding account discrepancies, payments, and other inquiries as necessary via email;
  • Carry out research for client events, and promotional materials/products;
  • Assist department underwriters and managers, as required.

Qualifications
First and foremost, we’re looking for well-rounded individuals who are professional, have great communication skills, and demonstrate the ability to build strong relationships with both internal and external clients. You’ll be joining an energetic and goal-oriented team that uses a collaborative approach to working within all areas of the company, and focuses on achieving the greater objectives of Munich Re.Specifically, we’re looking for the following qualifications:

  • Currently pursuing an undergraduate degree in Business Administration/Commerce, or equivalent program -a focus on insurance and healthy academic standing is preferred;
  • 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 will be returning to in-class studies upon the completion of the internship, as well as recent graduates who have obtained their undergraduate degree within the past year.

Munich Re – Inspector – Equipment loss prevention and control- (Toronto/GTA East) – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Fri, 18 Apr 2025 02:07:32 GMT

Job description: HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit www.hsb.caPrimary Objectives:
HSB Canada is currently seeking an experienced professional to join our team of field experts as an Inspector (Loss Control) servicing our GTA East territory. Working within this territory, the Inspector (Loss Control) shall identify and quantify areas of equipment-based risk, including potential areas of improvement and share this expertise effectively both internally and with our client base. The Inspector (Loss Control) shall maintain relationships with clients and colleagues with a focus on risk reduction and customer service. This position is home-based with a company vehicle provided.Service Territory:
GTA EastJob Responsibilities:

  • Provide equipment breakdown loss prevention expertise by conducting routine inspections, risk re-evaluations, and claims investigations, and other related responsibilities as assigned.
  • Conduct evaluations on commercial and industrial locations with equipment ranging from HVAC to boilers/pressure vessels and production equipment.
  • Manage a territory and meet productivity goals in a cost-effective manner.
  • Work towards the continual improvement of HSB Canada’s portfolio.

Qualifications:

  • At least 3-5 years of maintenance/operations experience including boilers/pressure vessels, refrigeration and production equipment.
  • Post-secondary technical education.
  • Background in Marine, Mechanical or Stationary Engineering is recommended, but not compulsory.
  • Knowledge of ASME code (boilers and pressure vessels) is an asset, but not compulsory.
  • 2nd Class or above preferred.
  • Certificate of Competence (COC) is required to perform jurisdictional inspections in Ontario (ability to obtain).
  • National Board Commission is required (or ability to obtain; training will be provided if necessary).
  • Strong oral, written communications and computer skills (including report writing).
  • Self-motivated with good organizational skills.
  • Valid driver’s license, and ability to travel.
  • Dedication to exceptional client service.

Company Benefits:
Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.
We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.We thank all candidates for their interest; however only those selected for interview will be contacted.

Munich Re – Valuation Actuary – Toronto, ON

Company: Munich Re

Location: Toronto, ON

Expected salary:

Job date: Sun, 30 Mar 2025 05:05:43 GMT

Job description: Position OverviewCentral Life Reserving (CLR) is responsible for overseeing the valuation of Munich Re Group’s life reinsurance liabilities on all global bases. Within this division the Global Oversight department ensures that appropriate standards are established and followed on a consistent basis across the organization, and helps to guarantee that the Group has appropriately identified and reserved for the costs and risks from the contracts that have been written.Key topics within CLR1.1.1 are quality assurance and validation of the local valuation results according to Solvency II, IFRS and HGB for the units in Munich, EULA, UK, US and Canada which includes being in close contact with the respective local valuation teams. Further topics are the consolidation, analysis and reporting of various quarterly and annual valuation results such as the Source of Earnings Analysis, Forecast, multi-year IFRS result projections and valuation model and assumption changes.Is exploring new and complex topics your passion? Do you like to present and explain complex matters in a simple way? If this sounds like you, we invite you to apply to join our diverse and dynamic team!Your Role:

  • Be the liaison within CLR for the local valuation team of the Canada business unit and support decision making. This includes:
  • Analyze and quality assure the results in all relevant bases, and related management reporting
  • Discuss and quality assure model and assumption changes
  • Be a trusted partner to your business unit by providing and explaining guidance and central processes
  • Analyze structured business opportunities (FinRe) with a focus on valuation and risk transfer
  • Perform analysis on the LH results and related reporting for senior management
  • Consolidate and draft reports pertaining to the CLR global model and assumption change process (e.g. CLR-internal management reports, LH contribution to the Group Actuarial Function Report; report to the Reinsurance Committee for their decision making)
  • Represent CLR workstreams in Munich Re internal projects
  • Support or perform on site valuation reviews in the international LH Re organization
  • Develop and maintain the working relationships with various interfaces throughout Munich Re, including the valuation teams in the business units as well as internal Munich Re accounting, pricing, risk management departments and internal and external auditors.

Your Profile:

  • University degree in Actuarial Science, Finance, Statistics, or Mathematics
  • ASA/ACIA or recent FSA/FCIA
  • 3+ years of experience in an actuarial role (e.g. Valuation, Pricing, Risk Management)
  • Knowledge in various reporting standards (IFRS 17/9, Solvency II)
  • Proficiency with Excel/VBA, PowerBI, PowerPoint nice to have
  • Experience with actuarial software (such as AXIS or similar) would be an asset
  • Skills and interest in automatization and process optimization
  • Strong analytical and conceptual skills, combined with the ability to present and explain complex matters in a simple way
  • Talent for managing interfaces and building networks; be a team player
  • Flexibility for occasional travel to Munich Head Office

About Munich ReTogether, 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.Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.What Can We Offer You?We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days with Meeting-Free lunch hours and Focus Friday afternoons
  • A great compensation package including annual company bonus
  • Market leading company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
  • Immediate participation in DC Pension Plan with an automatic 5% employer contribution, plus optional company match
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
  • Maternity, Parental & Adoption Leave top-up program
  • Employee Referral Program, Recognition & Rewards Platform

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.