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    Accounting and Finance Co-op, Property - Toronto, Canada - Munich Reinsurance Company of Canada

    Munich Reinsurance Company of Canada
    Munich Reinsurance Company of Canada Toronto, Canada

    5 days ago

    Default job background
    Description

    Position Overview

    Working with accounting professionals, you will be assigned a variety of responsibilities based on demand and interest. The candidate will be involved in the daily functioning of the general accounting department, as well as have the opportunity to be exposed to the quarter end tasks, expense reporting to sr. management, investment reporting, excel and power bi modeling.

    Note that this opportunity will be in one of the accounting departments of Munich Reinsurance Company of Canada (MROC) based in Toronto.

    Job Responsibilities
    Work term responsibilities may include (but will not be limited to) the following:

    General Accounting, Openings: 1

    Daily Management of Cash Flows:

    • Daily bank reconciliation.

    • Cash flow management.

    • Full AP/AR cycle.

    • Investment performance reporting.
    Quarter End:

    • Expense reporting to Sr. Management in Power BI.

    • Expense variance analysis.

    Technical Accounting, Openings: 1

    Daily Tasks:

    • Review, post and settlement of technical premiums, acquisition costs and losses.

    • Monitoring of AP/AR while working with internal and external clients.

    • Key performance indicators monitoring.
    Quarter End Tasks:

    • Responsible for the setup of new and renewing treaties.

    • Analysis and commentary on premium deviations to forecast.

    • Support of both internal and external audit requests.

    Qualifications
    First and foremost, we're looking for well-rounded individuals who are professional, have great communication skills, and show an aptitude for working with data. 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:

    • Undergraduate degree in Business Administration/Commerce with focus on Accounting or Finance, or equivalent program - in healthy academic standing in core curriculum;

    • Excellent communication skills – spoken & written, formal/informal presentation;

    • Proficient in Microsoft Office Suite, particularly in: Excel, Word, and PowerPoint;

    • Mathematical aptitude, exhibits good analytical and problem solving capability;

    • 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 under tight timelines;

    • Effective working both independently and as part of a greater team;

    • Demonstrated ability to create and manage positive professional relationships with good client service acumen.

    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.

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