Treaty Associate – Munich Re

Title of the Job: Treaty Associate

Location: Toronto, ON

Job Description: Position Overview

• Drafts and interprets reinsurance treaties, amendments and related documents including policy forms, LOIs and pricing files.
• Assists with general business analysis and compliance activities.

Key Accountabilities

• Reviews reinsurance treaties, amendments, and policy forms; supports other departments (Accounting, Reinsurance Operations, Corporate Actuarial, etc.) by providing timely treaty interpretations and research.
• Works with clients, either directly or through client managers, to draft new treaties and amendments; facilitates internal approvals for new treaties and amendments as needed; provides oversight during the process to ensure consistency across treaties.
• Assists with the maintenance of Munich Re’s treaty templates, in both English and in French, and document any exceptions to the template.
• Works with our legal advisors to develop appropriate contract wording.
• Ensures that Munich Re’s internal treaty log is up-to-date, and that any exceptions to template wording is appropriately documented; produces periodic management reports related to treaties.
• Reviews home office guidelines regarding treaty wording (and other risk/compliance topics as needed); ensures ongoing compliance with home office guidelines; participates in various local and/or global Munich Re initiatives involving treaty and related data administration.
• Assists with compliance work as needed, including the documentation of internal controls.
• Assists with general business analysis and project management as needed.

Required Knowledge, Skills, and Experience

• Bachelor’s Degree in Business, Finance, Law, English, or similar
• Fluency in English and French languages, verbal and written
• Insurance/Reinsurance experience is considered an asset.

• Technical writing experience preferred.
• Strong time management skills and an ability to manage competing demands with little supervision.

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

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 aroundthe globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turninguncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, andBelonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to thinkbig 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 thelife insurance industry. We invest strategically in our world class talent, offering our employees a workexperience that promotes professional development, innovation, and rewards high performance.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 barriersand discrimination. Accommodations will be made for qualified applicants with a disability throughout therecruitment process. If you receive a request for an interview and you have a disability which will require anaccommodation to support your participation, please contact [email protected] as soon as practical so that suitable accommodations can be arranged.

Company Name: Munich Re

Salary:

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