Royal Bank of Canada
Job title:
Senior Manager, Insurance Finance
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?The Senior Manager, Insurance Finance will provide financial advice and support for the Insurance business, and provide insightful financial analytics and management presentations to senior Finance and Insurance executives. Reporting to the Director Insurance Finance, this position will undertake forecasting, planning and analysis for the Insurance business and produce reporting packages that will be distributed to Senior Management employees.What you will do?
- Oversee creation of performance reports for the Insurance platform including summary forecast financials, business unit analyses, commentaries, performance metrics, and trend analyses.
- Ensure insightful drivers-based analyses on Insurance performance with a focus on key performance metrics (financial and non-financial) and risks to business objectives.
- Responsible for liaising with Enterprise Finance teams (Performance Management, Investor Relations and Enterprise Initiatives) with respect to the financial performance of Insurance.
- Lead the forecast, planning & analysis (FP&A) process for Insurance, including periodic forecasts, annual planning, and 5 year planning.
- Oversee Insurance’s role in Enterprise Stress Testing, ensuring clear timelines and deliverables are communicated and assist as required to resolve issues with timeliness and workload requirements.
- Apply business and application knowledge to facilitate identification of solutions and create options aligned to business strategies and tactics.
- Collaborate with contributors, finance teams, and business advisors to ensure all inputs are received on time and understood, and consolidated into reporting packages.
- Lead/assist the design and implementation of new standardized processes to simplify, innovate and automate analysis.
- As required, lead/provide support for ad hoc initiatives/requests and quarter-end activities.
What do you need to succeed?Must have
- Accounting/Finance designation (CPA, CA, CGA, CMA, CFA, M.Fin.) or equivalent with 5+ years’ of experience
- Strong verbal and written communication skills: ability to clearly and concisely articulate business performance
- Attention to detail and organized
- Sense of urgency and ability to handle demands from multiple directions amidst submission deadlines
- Solid relationship management skills since frequent interaction with key contacts is necessary to be successful in this role
- Ability to impact/influence without direct authority
- Intermediate/Advanced knowledge of Excel and PowerPoint
- Collaborative and team-oriented mindset
- Ability to take initiative, coupled with strong problem solving and analytical skills
- Ability to work under pressure in a rapidly changing environment
Nice to have
- Previous experience working in performance management
- Working knowledge of TM1 and Perspectives and any relational database applications
Job Skills Accounting, Business, Business Analytics, Cost-Benefit Analysis (CBA), Detail-Oriented, Finance, Financial Analysis, Financial Forecasting, Financial Performance, Financial Planning and Analysis (FP&A), Insurance, Interpersonal Relationships, Management Reporting, People Management, Performance Metrics, Performance Reports, Planning Ability, Problem Resolution, TeamworkAdditional Job DetailsAddress: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity: MISSISSAUGACountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2025-02-27Application Deadline: 2025-03-15Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .
Expected salary
Location
Mississauga, ON
Job date
Sat, 01 Mar 2025 00:33:03 GMT
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