Divisional Director, Administration & Analysis POST NUMBER: 406819
Our client is one of the largest public companies in the world. The company’s brand is synonymous with trust, integrity, prudent risk taking and doing business the right way. Like all great brands, ours continues to be forged based on the actions of our people – every one of us – who live it day to day and over time. Our financial strength enables us to provide consistent capacity and innovative, tailored solutions. It enables us to underwrite large, complex risks long term – and gives our customers the utmost confidence in the way we do business.
Why Work Here
- Family-like feel, tight nit group of employees that enjoy working for a company that treats them well
- Work for a very reputable, world-renowned company in the reinsurance industry
- Gain a wide breadth of accounting experience through being the person responsible for every aspect of the Life Insurance Accounting function of the company
About the Opportunity
Client Administration Services
- Responsibility for the timely and accurate processing of premium and volume provided by US, Canadian and International clients;
- Validate adequacy of premium provided by clients per treaty terms, including accuracy of inforce ceded and rates applied;
- Identify trends and variances, complete deep dives on client and interface with clients to ensure accurate premium billed;
- Integrate new technology, tools (including Business Intelligence) and processes into the Client Administration function through coaching, training and initiatives to gain efficiencies, increased insight into clients and better support internal partners.
- Analyze and report on premium and related transactions, including development of forecasts / accruals, and providing explanations for trends and variances;
- Resolve reporting issues, including updating internal calculations when required and client follow-up;
- Oversee Experience rated refund positions and Funds Withheld positions, including development of forecasts / accruals, analysis and reporting, and providing explanations for trends and variances;
- Maintain and monitor the Administration KPI report;
- Present results to Finance department in support of quarterly financial reporting;
- Highlight premium and inforce issues and opportunities to senior management on an ongoing basis;
- Assist with client audits as needed.
- Use data mining, model building, and other analytical techniques to drive improvements in the completeness, accuracy, efficiency and usefulness of client provided data.
- Projects and Initiatives
- Lead and / or contribute to projects as required by management in support of the Division’s strategy and operational plan.
- Lead, support, develop and coach a team of professionals so that they can better support the evolving mandate of the Administration function, with a greater focus on analysis, insight and recovery.
About You
- The successful candidate will have over 5 years of experience in data analysis or financial analysis and reporting.
- Accounting designation (CPA) is required;
- Life reinsurance experience is preferred;
- Experience supervising a team in achieving departmental or project objectives;
- Experience managing financial operations in a client facing role;
- Experience in developing, implementing and maintaining data analysis systems;
- Excellent analytical and problem-solving skills with strong attention to detail including advanced knowledge of Excel, Access, SQL and Tableau;
- Well organized, able to handle multiple tasks at once and self-motivated;
- Ability to collaborate with diverse skill sets across multiple functions of the business;
- Ability to communicate concisely and effectively with senior management;
- Excellent written and verbal communication skills.
Salary Range
$110,000 - $150,000/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 #406819.
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 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 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.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco 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 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.