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 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 will vary depending on the department you’re placed; which may include, but not be limited to the following : P&C (Non-Life) Pricing
Assist in improving reinsurance pricing tools;
Support with reinsurance benchmark rate study;
Participate in setting of Key Performance Indicators (KPI) and other assumptions;
Assist in reinsurance treaty pricing;
Monitoring existing Managing General Agents (MGA) business and evaluating new MGA business opportunities;
Support with facultative, single risks, and MGA pricing as required;
Development of the monitoring report;
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.