Skip to main content
Get Job Alerts Saved Jobs View All Jobs

Business Analyst Co-op, Treaty Underwriting

Location Toronto, Canada Job type Full-Time Work mode Hybrid Job level Internship & Working Student Job ID 10348 Company Munich Reinsurance Company of Canada Employment type Regular Area of expertise Claims & Underwriting
Apply Now

POSITION: Business Analyst Co-op, Treaty Underwriting (2026 Winter - Toronto, 4 months)
LOCATION: Toronto, ON
DURATION: 4 Months
ANTICIPATED START DATE: January 5, 2026
NUMBER OF POSITIONS: 1
APPLICATION DEADLINE: October 29, 2025

Together, 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
As a Business Analyst Intern on the Treaty Underwriting team, you will play a key role in driving data-driven decision-making and operational efficiency. You will work closely with underwriters and cross-functional teams to build scalable solutions that enhance underwriting effectiveness through automation, analytics and AI. 

Job Responsibilities
Work term responsibilities include, but may not be limited to the following:

•    Develop and maintain business reporting and visualizations to deliver actionable insights and support strategic decision-making.
•    Automate and optimize data pipelines and system architecture to improve scalability, reduce complexity, and enhance performance.
•    Identify and resolve data quality issues, troubleshoot ELT processes, and address production-related challenges across systems.
•    Design and implement AI-powered solutions to improve underwriting efficiency and effectiveness.
•    Collaborate with underwriters to integrate Generative AI and Large Language Models into core underwriting workflows.
•    Assist underwriters in ingesting client submissions and transforming them into data products that support underwriting excellence.
•    Maintain and enhance technical documentation for existing infrastructure, and contribute to new documentation as tools and systems evolve.

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 Data Analytics, Business Administration/Commerce, Economics, Computer Science, or equivalent program – and in healthy academic standing;
•    Solid foundation in programming (Python, SQL and R) and a demonstrated understanding of relational databases
•    Proficient in Microsoft Power Platform, particularly in: Power BI, Power Automate;
•    Proficient in Microsoft Office Suite, particularly in: Excel, Word, PowerPoint, and SharePoint;
•    Excellent communication skills – spoken & written, formal/informal presentation;
•    Experience with Azure Databricks and Azure DevOps (including Git) is an asset;
•    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.

Please note that only candidates who are selected for interview will be contacted directly.  
We thank all candidates for their interest.

Apply Now

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

Explore Location

This may interest you

Featured Jobs

View jobs to show jobs list.

Save jobs to show jobs list.

View All Jobs

Activate your job alert

Looking for the ideal professional challenge? Stay informed with the Munich Re Group job alert service: Munich Re, ERGO Group and MEAG offer a wide range of opportunities. Once you have set up the service, you'll receive automatic email updates on new job vacancies that match your search criteria.

Interested InPlease select a category, location, and/or company option. Click “Add” to create your job alert. You can add more than one combination to your alert.

By signing up, I acknowledge that I have read the privacy policy, and I wish to receive email communications.

To complete the Job Alert, your e-mail address, and the filter criteria you selected will be processed. The processing of the data is exclusively for the purpose of sending the Job Alert e-mails. With deletion of the Job Alert, your data will also be deleted. You can find further information about our imprint here: Privacy Policy.