Senior Financial Analyst, FP&A POST NUMBER: 471537

Toronto, ON, CA Hybrid
Insurance
Vaco
$ 90000.00 - 106000.00 yearly
direct hire
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About the Company

Our client is a global reinsurance company. They are looking for a Senior Financial Analyst, FP&A who will be responsible for financial planning, analysis, forecasting, and insight generation to support decision making across the Protection line of business and global expense management. This role requires strong business partnering, analytical capability, and the confidence to challenge existing processes. The successful candidate will work closely with Finance and senior business stakeholders, translating complex reinsurance concepts into clear, actionable insights. While there is no formal people management responsibility, the role carries strong influence and visibility. 

Why Work Here

  • Global exposure within a sophisticated reinsurance platform 

  • High visibility role with regular senior management interaction 

  • Competitive compensation and benefits package inclusive of annual bonus, RRSP matching, and global work from anywhere program for up to 4 weeks a year 

About the Opportunity 

Financial Planning: 

  • Support the development and ongoing maintenance of global expense planning and Western Protection business planning processes, including annual budgets, forecasts, and long-range plans. 

  • Partner with business and finance stakeholders to gather, validate, and challenge financial assumptions, with particular focus on expense drivers and cost center structures. 

  • Analyze actual results versus plan and forecast, identify key variances, trends, and underlying drivers, and clearly articulate explanations. 

  • Prepare and deliver planning and forecasting outputs that provide transparency into performance, risks, and opportunities for senior FP&A leaders and business stakeholders. 

Financial Analysis & Insight: 

  • Conduct in-depth financial analysis, including variance analysis, profitability analysis, and scenario modelling, to support operational and strategic decision-making. 

  • Provide in-depth expense and cost analysis, highlighting key drivers, emerging trends, and areas for efficiency or optimization. 

  • Identify risks and opportunities within financial results and forecasts, escalating material items with well-supported analysis and recommendations. 

  • Develop and maintain financial models, dashboards, and KPIs to track business and expense performance, communicating insights effectively to stakeholders. 

  • Ensuring analysis is timely, accurate, and decision-focused, enabling stakeholders to understand both financial outcomes and forward-looking implications. 

System, Data & Process Enhancement: 

  • Improve planning, forecasting, and reporting processes to increase automation, scalability, and data integrity, including transitions away from manual or spreadsheet-heavy workflows. 

  • Apply strong data discipline to ensure consistency, governance, and control across FP&A outputs, particularly in relation to expense management and cost reporting. 

  • Contribute to continuous improvement initiatives by identifying inefficiencies, recommending process enhancements, and sharing best practices across the global FP&A function. 

  • Support and contribute to enhancements of FP&A systems, tools, and data processes in partnership with BAU and project teams. 

About You 

  • Professional accounting designation (CPA, ACA, ACCA, CIMA, or equivalent) is preferred. 

  • Typically, 3 years of relevant post-qualification experience in FP&A, financial analysis, or related finance role. 

  • Ability to communicate complex financial information clearly to both finance and non-finance stakeholders. 

  • Advanced proficiency in Microsoft Excel (Power query) and Power BI report development preferred. 

  • Experience within insurance or reinsurance is strongly preferred. 

  • Strong experience working with planning systems and analysis tools, including hands-on data extraction and management. 

  • Accounting knowledge combined with advanced financial analysis and modelling skills. 

  • Strong attention to detail, analytical rigor, and ability to manage multiple priorities in a dynamic environment. 

Salary Range

$90,000 - $100,000/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 #471537 

This position for employment is for a current vacancy with Vaco/Highspring’s client. 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.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring 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 by Highspring 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 by Highspring 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 by Highspring 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 by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco by Highspring 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 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.

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