Works closely with the AVP to assist with quarterly expense close, Budget/Plan and Forecast processes. Supports ongoing and future ad-hoc projects, such as the One GT, while working closely with various stakeholders within and outside the finance team. Prepares various working papers for the completion of MLMC’s financial statements and provides supporting information to auditors, tax and other stakeholders.

Maintains working papers, prepares reconciliations and processes journal entries on an ongoing and needed basis. Supports ongoing and future ad-hoc projects, such as the One GT, while working closely with various stakeholders within and outside the finance team. Prepares various working papers for the completion of MLMC’s financial statements and provides supporting information to auditors, tax and other stakeholders.

Maintains working papers, prepares reconciliations and processes journal entries on an ongoing and needed basis.

Financial

Reporting & Analysis Assists in review of MLMC and Pension funds financial statements (including notes and analysis) for quarterly, year-end reporting and annual audits. Assists in group reporting on a quarterly basis which includes preparation of data files, and analyzing key variances, reviewing dashboards, and aligning with finance leadership before providing narratives to head office. Supports implementation of recent processes as needed, including changes relating to accounting standards and policies.

Expenses

Reporting & Analysis Assists with the preparation of the annual expense plan in coordination with department representatives for final submission to Head Office for approval. Analyzes quarterly expenses by cost centers and cost elements, including comparison of approved current year plan, current / previous forecasts, and previous year actuals to identify variances and prepare quarterly report explaining the key expense variance analysis. Develops PBI dashboards,



prepares narratives and facilitates forecast discussions with senior leadership team to align on full year expense outlook.

Monitors the entries in the GL for alignment with the SAP Cost Module (CO) structure and for compliance with Munich Re Group’s accounting guidelines. Coordinates intercompany consolidation reporting requirements, analyzes and reconciles intercompany accounts including intercompany quarterly billing in a timely manner. Independently compiles inter-departmental reports capturing relevant quarterly data related to expenses.

Reviews various industry surveys and reports related to Stats Canada, CLHIA, OSFI, etc. Supports the implementation of ERP systems such as SAP One GT by working closely with the AVP and Sr. Develops and maintains relationships with external and internal stakeholders, provides excellent customer service, and promptly responds to inquiries/requests with accuracy.

Updates and maintains accounting documentation current including adhering to company retention policy. Qualified CPA with a focus on accounting is required. ~5+ years related experience in financial reporting and analysis preferably in the insurance industry. ~ Experience with SAP GL, AP, CO and Cash Management modules. ~ Advanced skills in Excel, PowerPoint, Word and SAP Business Warehouse (BW) Reports. ~ Experience with analytical tools such as Power BI would be as asset. ~ Ability to make continuous improvements to processes with an emphasis on automation. Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe,



Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance. A hybrid work environment that combines weekly in-office and remote days A great compensation package including annual company bonus Market leading company-paid flexible health and dental benefits, starting on your first day Flexible dollars provided by the company to put towards 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 Maternity, Parental & Adoption Leave top-up program Our base salary range for this role is between $122,000 and $159,000 per year , plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity. This role is located in our Toronto office on 390 Bay St , and we operate in a hybrid work model. 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 AODARequestHR@munichre.

📌 Manager Financial Reporting and Analysis (Toronto)
🏢 Munich RE
📍 Toronto