Vaco
Job title:
Senior Financial Analyst
Company
Vaco
Job description
About the Company
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
About the Opportunity
- 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.
About You
- Accounting/Finance related University Degree
- A Chartered Professional Accountant (CPA) designation or equivalent or working towards a CPA
- Proficiency in Excel
Salary Range
$90,000 – $95,000/yearHow 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 #438858You 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.
Expected salary
$90000 – 95000 per year
Location
Markham, ON
Job date
Sat, 22 Mar 2025 07:35:02 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.