Position Overview Reporting directly to the Director, Reinsurance Accounting in Canada, this position leads the preparation and presentation of management results and client profitability analysis, and oversees the timely and accurate financial statement close process for the North American legal entities. The position also supports various projects involving process automation, financial system enhancements, the implementation of new reporting and analytical tools, and various process improvement initiatives. Your Role Reinsurance accounting and analysis Lead key financial processes involving material financial transactions reflecting premiums, commissions, and other cash flows in a timely and accurate manner. Monitor client data, perform financial reconciliations and resolve transactional and reporting matters on a timely and effective basis. Prepare complex profit commission reporting to ensure timely and accurate client settlements. Serve as a single point of contact to various internal key stakeholders. Ensure appropriate control design and performance of key accounting controls to achieve an effective and efficient control framework. Manage key performance indicators and lead the investigation efforts on resolving issues and recommend process improvements. Design and implement new accounting and reporting processes to accommodate new account and/or new contract set-ups to support both client and external reporting requirements. Prepare and update process documentation for significant complex processes and accounting transactions to support the overall governance framework. Partner with cross-functional groups to address financial operational topics within the scope of accounting and reporting. Support external and internal audits. Management reporting and analysis Manage the production of business line reports efficiently to satisfy the needs of internal stakeholders. Communicate and coordinate effectively with Pricing, Claims,



Corporate Actuarial, Reinsurance Operations, IT, etc. Manage quarterly reporting for premium estimates, outstanding claims estimates, and other client-related balances. Manage quarterly actual results and forecast in the local ledger in a timely, accurate, and efficient manner to facilitate internal management and for the local statutory reporting of technical results. Assist with ad‑hoc analytical reviews required to close the quarterly technical results. Financial Systems, Special Projects & Other Lead user testing of financial accounting system upgrades. Support automation projects involving the processing of client transactions to add efficiency to the financial operations. Support special projects involving implementation of recent reporting and analytical tools. Your Profile 6-8 years of industry experience required. Financial accounting and reporting experience in the insurance industry is an asset. University degree in Finance/Business with a focus on Accounting and CPA required. Completion or pursuit of insurance‑related courses is an asset. IFRS 9 & 17 knowledge required. Advanced working knowledge of Microsoft suite (Excel, Access, Word, Outlook, etc.). Previous experience with Oracle Fusion, PowerBI, SQL is considered an asset. Ability to work in a team environment, add efficiencies to existing processes, and follow current technological trends with a focus on client service. Demonstrated effectiveness working in a fast‑paced environment, under tight deadlines, and with multiple priorities. Results oriented.



Excellent communication and interpersonal skills. Benefits Our base salary range for this role is between $94,050 and $108,900 per year , plus an opportunity for an annual company bonus based upon a percentage of eligible pay. This role is located in our Toronto office on 390 Bay St , and we operate in a hybrid work model . We offer our employees great benefits and resources to support their mental, physical, and financial wellbeing. These include: Engaging and collaborative environment that promotes continuous learning and development. Hybrid work environment combining weekly in‑office and remote days. Great compensation package including annual company bonus. Market‑leading company‑paid flexible health and dental perks, starting on your first day. Flexible dollars provided by the company for Health Spending Account and/or Wellness Spending Account. Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match. Generous time off including vacation, personal days, unplanned time, statutory holidays, and company‑wide early closure half‑days. Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees. Maternity, parental & adoption leave top‑up program. Employee referral program, recognition & rewards platform. Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact as soon as practical so that suitable accommodations can be arranged. #J-18808-Ljbffr

📌 Senior Accountant - $94,050 - $108,900 A Year (Toronto)
🏢 Munich RE
📍 Toronto