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Summer Finance Co-op

4 months ago

Toronto, Canada FIRST Insurance Funding of Canada Full time

At FIRST Insurance Funding of Canada (FIRST Canada), we are proud to promote a workplace that fosters growth and innovation. We employ a dedicated team of enthusiastic individuals who thrive in an entrepreneurial, fast-paced environment. Our open concept and creative culture fosters team work and presents opportunities for growth within the organization. FIRST Canada is an affiliate of Wintrust, a financial services company with more than $50 billion in assets.

Join the FIRST Insurance Funding of Canada (FIRST Canada) team.

We are a multi-year Globe and Mail / Morneau Shapell Employee Recommended workplace with an award-winning culture.

We offer a flexible, hybrid-work model and our FIRST Flex program offers opportunity to work internationally.

We have a comprehensive benefit package including:

- Health Benefits: including medical, dental, vision, life, and health spending account
- Financial Benefits: an RRSP plan with a generous company match and competitive compensation including discretionary or incentive bonuses
- Education Benefits: education reimbursement and on-demand learning courses

We have a dedicated team of enthusiastic individuals who thrive in an entrepreneurial, fast-paced environment.

We support work / life balance and promote growth-from-within opportunities.

Why join this team?
- We have a culture that encourages an entrepreneurial spirit
- We offer multiple opportunities for development and upward mobility

What You’ll Do

Job Description Summary:
The Finance team is a fast paced team which is accountable for effectively managing a large volume of transactions including journal entry processing, producing client documentation, light audit functions, payment processing, and supporting other department inquiries. You will use your strong document processing and client service orientation to better assist clients. This outstanding opportunity would ideally suit a strong team player with a high level of detail orientation seeking to build on their knowledge of premium funding processes to develop their career within the financial services industry.

Essential Duties and Responsibilities:

- Assisting in the administration of changes to premium funding contracts as requested by clients (i.e. payment collection, negative endorsements and other changes to policies and renewals)
- Identifying, processing and distribution of mail
- Verifying all payments and postings to appropriate accounts
- Processing accounting entries
- Preparing daily deposits and client documentation
- Meeting service level objectives
- Support functions for Finance and Treasury
- Adhering to approved processes and audit requirements
- Maintaining up to date knowledge of company policies and products

Knowledge/Skills/Abilities Required
- Excellent written and verbal communication skills
- Previous financial processing and/or administration experience
- A proactive, energetic and enthusiastic approach to your work, and a desire to go the extra mile in customer service
- Self motivation and strong attention to detail
- The ability to build strong relationships with team members and internal and external customers
- Strong organizational, and abstract reasoning skills
- Ability to multitask in a high volume environment
- A flexible attitude towards change and the ability to adapt to new situations

Training/ Education/ Experience Qualifications
- Knowledge of Administrative duties practices and procedures
- Knowledge of Outlook, Excel and MS Word
- Currently enrolled or recently graduated from a finance/ business course