Financial Specialist, Reinsurance

3 months ago


Montréal QC, Canada Intact Full time

Our employees are at the heart of what we do best: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you’re bringing this purpose to life alongside a passionate community of experts.

Feel empowered to learn and grow while being valued for who you are
- here, diversity is a strength. You have our commitment to support you in reaching your goals with tools, opportunities, and flexibility. It’s our employee promise.

Our hybrid work model provides the balance between working from home and enjoying meaningful in-person interactions.

Read on to see how you can shape the future, win as a team, and grow with us.

**About the role**

Join our team and be part of the excitement.

We are seeking a highly skilled, talented, and detail-oriented Reinsurance Financial Specialist to join an innovative environment where creativity knows no bound. As a key member of the dynamic reinsurance finance team, you will play a crucial role in participating in complex reinsurance accounting activities and contributing to improve closing activities. Your expertise will be pivotal in simplifying and standardizing controls to elevate our reporting and accounting processes.

If you are passionate about making a difference, thrive on challenges and want to work with a team that value fun as much as hard work, this is the opportunity for you. Embrace the energy, ignite your passion and let’s create something extraordinary together.

**You succeed at what you do because**:

- You are concise and a specialist in complex problem solving.
- You drive for continuous improvement and challenge status quo.
- You are truly versatile, ingenious, and innovative.
- You show initiative, interest to learn and to understand processes.
- You are an ace of teamwork, interpersonal skills, communication, and tact.
- You have a great ability to organize and prioritize workload.

**What you’ll do here,** a**s a member of the accounting and reporting team**:

- Perform reinsurance accounting and reporting activities during month-end & quarter-end from the preparation of reinsurance journal entries to providing monthly or quarterly analysis to validate reinsurance result and perform appropriate control to ensure the accuracy of the financial results under your responsibility.
- Manage required collateral from reinsurer and collaborate with the treasury and the capital team to maintain appropriate level of capital.
- Perform key account reconciliations to ensure accuracy and completeness of the reinsurance balance and perform reinsurance settlement with key reinsurers.
- Participate in the preparation of the financial statement disclosure as well as in the preparation of the regulatory reporting (Pc1) for the insurance regulators.
- Provide insight and recommendations to your leader about reinsurance result.
- Ensure to implement, perform and improve all key controls to ensure high quality of improvement provided to our leader.
- Collaborate with multiple stakeholders to ensure alignment in the month-end closing process.
- Evaluate current process and propose recommendation to be more efficient, less manual to be more efficient and provide more quick result and insight.

**Requirements**:

- 2+ years experience in **Insurance or Reinsurance accounting** is required.
- 3+ years of experience in **accounting, IFRS accounting standards or finance** is required.
- Professional accounting designation (CPA) - is an asset.
- Post secondary education in Accounting, Finance, or a related field.
- Demonstrated experience in fast learning environment requiring agility and adaptability to change.
- Discipline, autonomy and professionalism.
- Strong oral and written communication and interpersonal skills.
- Can interact with various people at all levels of the organization, including management and some external stakeholders.

LI-Hybrid

**What we offer**

Working here means you'll be empowered to be and do your best every day. Here is some of what you can expect as a permanent member of our team:

- A financial rewards program that recognizes your success
- An industry leading Employee Share Purchase Plan; we match 50% of net shares purchased
- An extensive flex pension and benefits package, with access to virtual healthcare
- Flexible work arrangements
- Possibility to purchase up to 5 extra days off per year
- An annual wellness account that promotes an active and healthy lifestyle
- Access to tools and resources to support physical and mental health, embracing change and connecting with colleagues
- A dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs
- Inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities
- Inspiring leaders and colleagues who will lift you up and help you grow
- A Community Impact program, because what you care about is a part of what ma



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