Technical Accountant

2 weeks ago

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

Technical Accountant

We are seeking a highly skilled Technical Accountant to join our team at Munich Reinsurance Company of Canada. As a Technical Accountant, you will be responsible for reviewing policy documents, analyzing data, and investigating discrepancies in order to clear aged accounts receivables/payables.

Your Key Responsibilities

  • Review policy documents, analyze data, and investigate discrepancies in order 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.
  • Responsible for setting up new and renewing treaties in technical accounting systems and quality assurance against contract wordings.
  • Monitor department inbox 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 any assigned system interfaces are reconciled and of high quality.

Your Profile

  • University or College; General accounting courses or college diploma required.
  • Basic knowledge of (re)insurance.
  • Ongoing upgrading of PC Skills and Accounting knowledge.

Preferred Experience

  • Knowledge of Windows and MS Office applications.
  • 2 years of accounting experience.
  • Working knowledge of SAP desired.

In addition to an exciting job opportunity, we offer the following:

  • Exposure to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners are available.
  • A comprehensive total rewards financial program which includes extensive flexible benefits and pension.
  • A hybrid work environment in an inspiring physical workplace setting.
  • Educational Assistance Programs that continue to recognize your on-going success.

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