Technical Accountant

1 week ago

Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

Unlock Your Potential as a Technical Accountant

Munich Reinsurance Company of Canada is seeking a highly skilled Technical Accountant to join our team in Toronto. As a key member of our financial services team, you will be responsible for the reinsurance and primary technical accounting business, including booking and analyzing data for casualty, property, and other lines of business.

Your Key Responsibilities

  • Review policy documents, analyze data, and investigate discrepancies to clear aged accounts receivables/payables.
  • Review, reconcile, and post clients' premiums, claims, and commissions bordereaux for Managing General Agents, Brokers, and Clients.
  • Review and rebook technical items and claims for settlement within specified time frames.
  • Set up new and renew treaties in technical accounting systems and quality assure against contract wordings.
  • Monitor department inboxes and respond to clients' (internal/external) queries.
  • Monitor the plausibility of forecasts and update prognosis and estimates collectively with underwriters.
  • Reconcile balances to client reports and individual items for internal matching.
  • Post special reserves, contingent commissions, and late adjustments.
  • Prepare monthly/quarterly reconciliation reports and other ad hoc reports.
  • Ensure assigned system interfaces are reconciled and of high quality.

Your Profile

  • University or College degree in Accounting or related field.
  • Basic knowledge of (re)insurance.
  • Ongoing upgrading of PC skills and accounting knowledge.

What We Offer

  • Exposure to challenging projects and development opportunities to grow your skills and career with local and global colleagues and partners.
  • A comprehensive total rewards financial program, including flexible benefits and pension.
  • A hybrid work environment in an inspiring physical workplace setting.
  • Education Assistance Programs that recognize your ongoing success.

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