Senior Financial Analyst POST NUMBER: 438858
Our client is an insurance company. They are looking for a Senior Financial Analyst to join their team!
Why Work Here
- Flexible working arrangements
- Excellent team and culture
- Outstanding compensation package
- Manage end-to-end accounting for specialty reinsurance contracts produced by the companys Global Corporate and Specialty
- (GCS) unit.
- Liaise with lead GCS underwriters and Legal team during the development of new business opportunities, providing expert opinion related to accounting and reinsurance.
- For new and existing agreements to understand the business requirements and determine the necessary involvement of the reinsurance team, ensure these are clearly documented.
- Identify where the GCS reinsurance agreements are compatible with system automated processes vs where manual accounting steps are required.
- Analyze and monitor collateral requirements based on OSFI rules, utilizing reinsurance data and data received from other
- departments (actuarial, claims, GCS…).
- Manage accounting timelines for this portfolio and work with others on the GCS reinsurance team to ensure these are met.
- Ensure external reports and data received are good quality and delays are promptly followed up on.
- Ensure external reinsurers are approved by the company.
- Prepare and analyze reports and can investigate and explain variances and raise questions on reasonability of results.
- Prepare reconciliations over assigned accounts (e.g. written and unearned premium).
- Prepare inputs for Financial Reporting related to reinsurance.
- Exercise considerable organizational skills in prioritizing, time management and maintaining proper accounting procedures.
- Identify areas for automation or process improvements and work with VP of Reinsurance to implement these.
- Assist with responding to queries from other functions, and external parties.
- Production required adhoc deliverables as assigned.
- Act as a great teammate with strong initiative.
- Accounting/Finance related University Degree
- A Chartered Professional Accountant (CPA) designation or equivalent or working towards a CPA
- Proficiency in Excel
$90,000 - $95,000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #438858
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.