Financial Analyst

Position overview

Reinsurance accounting and analysis

• Support accounting and reporting for premiums, commissions, claims, and other reinsurance transactions.
• Perform reconciliations, investigate variances, and help resolve reporting issues.
• Prepare profit commission calculations and reporting for client settlements.
• Maintain accounting controls, support governance, and assist with audits and information requests.
• Monitor results, identify trends, improve processes, and document accounting and reporting processes for new business and contracts.

Management reporting and analysis

• Prepare business performance reports and contribute to client profitability analysis and management reporting.
• Support quarterly reporting, including premium estimates, claims estimates, and other client-related balances.
• Assist with forecasting, report actual results, and conduct ad hoc analysis for business initiatives and decisions.
• Collaborate with Pricing, Claims, Actuarial, Reinsurance Operations, and IT teams.

Systems and process improvement

• Participate in user testing for financial system upgrades and enhancements.
• Support automation initiatives and identify ways to streamline processes and improve reporting.
• Assist with implementing new reporting and analytical tools.

Candidate profile

• Bachelor's degree in Accounting, Finance, Commerce, Business, or a related field, and 3+ years of relevant experience.
• Currently pursuing a CPA designation.
• Advanced Excel skills and experience analyzing and reconciling financial data; strong Microsoft Office proficiency.
• Insurance or reinsurance experience, related coursework or certifications, and Oracle, Power BI, SQL, or PSQL experience are assets.
• Strong analytical, problem-solving, organizational, communication, and relationship-building skills; able to manage priorities and deadlines.

Work arrangement

• The position is based at the Toronto office and follows a hybrid work model with weekly in-office and remote days.

Compensation

• The base salary range is $80,000 to $90,000 per year, plus an opportunity for an annual company bonus.

Benefits

• Benefits include health and dental coverage, health and wellness spending accounts, pension contributions, paid time off, learning resources, education assistance, and parental leave top-up.