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Sr. Finance Analyst to administer and account for the reinsurance arrangements for an insurance client-3818

Job Type: Contract
Positions to fill: 1
Start Date: Dec 05, 2022
Job End Date: Dec 29, 2023
Pay Rate: Hourly: Negotiable
Job ID: 125310
Location: Toronto
1 year to start 
*ERC is required

Role Summary:
  • The Senior Group Finance Analyst will be responsible for the administrative and technical support of a small group of reinsurance analysts and more complex Reinsurance arrangements. The incumbent will develop and maintain effective Reinsurance practices, process complex reinsurance settlements, develop and prepare reports for regulatory bodies and internal partners, and assist in the development and maintenance of accounting models.
Must haves:
  • 3+ years of Financial Analyst within the financial industry 
  • Advanced financial modeling and analytical skills, including expert knowledge of Excel.
  • Knowledge of reinsurance treaties and administration and/or knowledge of underwriting principles and policies.
  • Accounting/Finance designation or working toward (CPA/CFA).
Nice to haves:
  • Bilingual (English & French)
  •  Knowledge of Group Benefits products and services.
  • Knowledge of Financial GL(Oracle,SAP and Hyperion) and accounting systems including CDB, CHESS, Oasis, Genesis and Datamart.
  • CEBS designation or working towards (GBA).
Notes/Unique Requirements:
  • Overtime may be required during peak demands at monthly and quarterly intervals.

What are the main 3-5 responsibilities of this resource?
  • Reinsurance settlement
  • Account reconciliation
  • IFRS17 reconciliation