Tag: Reserving

Company: Munich Re

Location: Toronto, ON

Job description: POSITION: Actuarial Co-op, Property & Casualty Reserving (2024 Fall – Toronto, 8 months)
LOCATION: Toronto, ON
DURATION: 8 Months
ANTICIPATED START DATE: September 3, 2024
NUMBER OF POSITIONS: 1
APPLICATION DEADLINE: May 17, 2024Together, 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. Taking on risks worldwide of every type and complexity, the Munich Re Group and its business units are active in all lines of insurance. Our consistent risk management, financial stability, and client proximity make us a much sought-after trusted business partner. As a leader of risk transfer here in Canada, Munich Re strives to be the “go-to” reinsurance partner. 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. 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 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.Position Overview
You’ll work closely with other Actuarial Associates and Actuaries within their respective departments, as well as with other key individuals across the organization in Pricing, Risk Management and Reserving, in our Toronto office.Note that this opportunity is with Munich Reinsurance Company of Canada, a property and casualty reinsurer subsidiary of Munich Re.Job Responsibilities
Work term responsibilities may include, but are not limited to the following:Reserving

• Develop an understanding of key data required for core reserving and/or IFRS 17 processes;
• Support in quarterly reserve and/or IFRS 17 analyses of the primary and reinsurance units;
• Assist in improving reserve review processes and methodologies;
• Provide support in fulfilling regulatory and group reporting requirements;
• Assist in producing quarterly business monitoring reports, including exhibits used to present results of the quarterly reserve review and/or IFRS 17 analyses;
• Provide additional support in other actuarial areas, as needed.

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 positive relationships. We’re seeking collaborative professionals who are excited to join our winning team and show promise of becoming a future leader in the reinsurance space.Specifically, we’re looking for the following qualifications:

• 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).

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.Note that only candidates who are selected for interview will be contacted directly.
Thank you for your interest in joining Munich Re.Please note: Munich Re Canada has an AODA policy and accommodation process in place and provides accommodations for employees with disabilities. If you require a specific accommodation because of a disability or medical need, please contact Steve Picyk, Talent Acquisition at spicyk@mroc.ca so that arrangements can be made for the appropriate accommodation to be in place before you begin your employment.
Munich Re, a leading reinsurance company, is offering an 8-month Actuarial Co-op position in Property & Casualty Reserving in Toronto starting in September 2024. They emphasize diversity, innovation, and preparing future leaders in the industry. The co-op will involve working closely with Actuarial Associates and Actuaries on reserving processes, data analysis, reporting, and other actuarial tasks. They are looking for candidates with technical skills, strong communication abilities, leadership qualities, and relevant academic background or work experience in Actuarial Science, Math, or Statistics. The position is open to current students and recent graduates. Munich Re has accommodation policies for employees with disabilities.
Job Description

Our company is looking for a highly skilled and motivated Administrative Assistant to join our team. The successful candidate will be responsible for providing administrative support to ensure efficient operation of the office.

Duties include but are not limited to:
– Answering and directing phone calls
– Organizing and scheduling appointments
– Writing and distributing emails, correspondence memos, letters, faxes and forms
– Assisting in the preparation of regularly scheduled reports
– Developing and maintaining a filing system
– Update and maintain office policies and procedures
– Order office supplies and research new deals and suppliers
– Maintain contact lists
– Book travel arrangements
– Provide general support to visitors

The ideal candidate will have strong organizational skills, excellent communication skills, and the ability to multitask. Previous experience as an administrative assistant is a plus.

If you are a self-motivated individual who is detail-oriented and able to work well in a team environment, we would love to hear from you. Apply now to join our team!

Expected salary:

Job date: Sat, 04 May 2024 04:01:58 GMT

Company: Munich Re

Location: Toronto, ON

Job description: POSITION: Actuarial Co-op, Property & Casualty Reserving (2024 Fall – Toronto, 8 months)
LOCATION: Toronto, ON
DURATION: 8 Months
ANTICIPATED START DATE: September 3, 2024
NUMBER OF POSITIONS: 1
APPLICATION DEADLINE: May 17, 2024Together, 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. Taking on risks worldwide of every type and complexity, the Munich Re Group and its business units are active in all lines of insurance. Our consistent risk management, financial stability, and client proximity make us a much sought-after trusted business partner. As a leader of risk transfer here in Canada, Munich Re strives to be the “go-to” reinsurance partner. 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. 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 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.Position Overview
You’ll work closely with other Actuarial Associates and Actuaries within their respective departments, as well as with other key individuals across the organization in Pricing, Risk Management and Reserving, in our Toronto office.Note that this opportunity is with Munich Reinsurance Company of Canada, a property and casualty reinsurer subsidiary of Munich Re.Job Responsibilities
Work term responsibilities may include, but are not limited to the following:Reserving

• Develop an understanding of key data required for core reserving and/or IFRS 17 processes;
• Support in quarterly reserve and/or IFRS 17 analyses of the primary and reinsurance units;
• Assist in improving reserve review processes and methodologies;
• Provide support in fulfilling regulatory and group reporting requirements;
• Assist in producing quarterly business monitoring reports, including exhibits used to present results of the quarterly reserve review and/or IFRS 17 analyses;
• Provide additional support in other actuarial areas, as needed.

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 positive relationships. We’re seeking collaborative professionals who are excited to join our winning team and show promise of becoming a future leader in the reinsurance space.Specifically, we’re looking for the following qualifications:

• 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).

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.Note that only candidates who are selected for interview will be contacted directly.
Thank you for your interest in joining Munich Re.Please note: Munich Re Canada has an AODA policy and accommodation process in place and provides accommodations for employees with disabilities. If you require a specific accommodation because of a disability or medical need, please contact Steve Picyk, Talent Acquisition at spicyk@mroc.ca so that arrangements can be made for the appropriate accommodation to be in place before you begin your employment.
Munich Re, a leading reinsurance company, is offering an 8-month Actuarial Co-op position in Toronto starting in September 2024. The company values diversity and innovation, focusing on risk management and financial stability. The co-op will involve working with Actuarial Associates and Actuaries in Pricing, Risk Management, and Reserving departments. The responsibilities include assisting with reserve and IFRS 17 analyses, improving reserve review processes, and fulfilling regulatory requirements. Qualifications include pursuing a degree in Actuarial Science, Math, or Statistics, strong communication skills, the ability to multi-task, and leadership qualities. The opportunity is open to both current students and recent graduates. Munich Re has policies in place to provide accommodations for employees with disabilities.
The job description for the position titled “Administrative Assistant” from the provided website is as follows:

We are looking for a responsible Administrative Assistant to perform a variety of administrative and clerical tasks. Duties of the Administrative Assistant include providing support to our managers and employees, assisting in daily office needs and managing our company’s general administrative activities.

The ideal candidate should have excellent oral and written communication skills and be able to organize their work using tools, like MS Excel and office equipment. If you have previous experience as a Secretary or Executive administrative assistant and familiarity within our industry, we’d like to meet you.

Responsibilities:
– Answer and direct phone calls
– Organize and schedule appointments
– Plan meetings and take detailed minutes
– Write and distribute email, correspondence memos, letters, faxes, and forms
– Assist in the preparation of regularly scheduled reports
– Develop and maintain a filing system
– Update and maintain office policies and procedures
– Order office supplies and research new deals and suppliers
– Maintain contact lists
– Book travel arrangements
– Submit and reconcile expense reports
– Provide general support to visitors
– Act as the point of contact for internal and external clients

Requirements:
– Proven experience as an administrative assistant, virtual assistant or office admin assistant
– Knowledge of office management systems and procedures
– Working knowledge of office equipment, like printers and fax machines
– Proficiency in MS Office (MS Excel and MS PowerPoint, in particular)
– Excellent time management skills and the ability to prioritize work
– Attention to detail and problem-solving skills
– Excellent written and verbal communication skills
– Strong organizational skills with the ability to multi-task

Expected salary:

Job date: Fri, 03 May 2024 07:43:09 GMT