04 Aug
|
Crossell
|
Toronto
Do you want to be part of an international company that is making a difference in the world? Are you an accounting professional with experience working in the Life & Health reinsurance field? The successful candidate in this role will assume responsibility for the end-to-end Financial Accounting & Reporting for the L&H; Re Canadian Branch, collaborating with Finance and Actuarial teams in Toronto, Zurich, Bratislava and Bangalore.
Your duties will be performed in compliance with Local / Group requirements and the internal control framework. You will be accountable for producing accurate and timely technical and non-technical balances for regulatory reporting, including both inbound and ceded business. The role is expected to work closely with other functions and will also be involved in recurring and ad hoc capital planning.
There will be opportunities to contribute to key projects within the Reinsurance environment, including new transactions, and migrations from legacy information systems to new platforms. Developing and maintaining financial analysis and reporting processes and tools, covering gross inward business and any related intercompany or external reinsurance. Performing automation and streamlining of processes to improve efficiency and documentation quality.
You will need to be creative, decisive and challenge processes, procedures, and controls to improve the efficiency and effectiveness of the Finance team. Ensuring that all reporting requirements are met in accordance with evolving Group and regulatory requirements. Working with other functions (Actuarial Management, Claims, Technical Accounting, Operations)
as well as with Finance colleagues in Canada, Zurich, Bratislava, and Bangalore to resolve accounting and administration issues.
Reviewing the technical (cashflows/IFRS17 financials) and non-technical (investment/expenses/cash) reconciliations and analysis performed by Central teams. Perform & document internal control processes and respond to internal and external audit inquiries. The L&H; Finance Reinsurance team, within the overall Canadian Finance team, are responsible for the accounting and reporting of Life and Health (L&H;) reinsurance technical balances (premiums, claims, commissions, reserves, together with intra-group reinsurance – "IGR" – thereon), and non-technical balances (e.g., investments, general expenses) for Swiss Reinsurance Corporation, L&H; Canadian Branch (the "Branch").
You will be joining a diverse and inclusive team of finance professionals that come from a variety of backgrounds and experience within the industry. Bachelor's degree or equivalent experience in an Accounting/Finance related discipline; CPA, or equivalent (current or in the near future) Exposure to capital reporting, as well as knowledge of reinsurance contracts is an asset. Robust technical computer skills, including Word, Excel (Pivot Tables,
knowledge of INDEX/MATCH/XLOOKUP and SUMIFS formulas is an asset), PowerPoint, and business objects.
The base salary hiring range for this existing position located in Toronto is CAD $90,000 to $105,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and perks offered), in setting individual compensation range.
Swiss
Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients.
In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. During the recruitment process, reasonable accommodations for disabilities are available upon request.
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