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Toronto, Canada Foresters Financial Full timeOverview Financial Analyst, US Statutory Financial Reporting and Accounting role at Foresters Financial. This hybrid position requires a minimum of two days per week in the office. The role reports to the Manager, US Statutory Financial Reporting and Accounting and supports the quarterly and annual statutory filings for the U.S. Branch of The Independent...
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Toronto, Canada Foresters Financial Full timeOverview Career Opportunity Role Title Financial Analyst, US Statutory Financial Reporting and Accounting. Purpose of role Reporting to the Manager, US Statutory Financial Reporting and Accounting, this position will play a pivotal role in supporting the completion of the quarterly and annual statutory filings for The U.S. Branch of The Independent Order of...
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Toronto, Ontario, Canada Foresters Financial Full time $60,000 - $90,000 per yearCareer Opportunity Role Title Financial Analyst, US Statutory Financial Reporting and Accounting Purpose of role Reporting to the Manager, US Statutory Financial Reporting and Accounting, this position will play a pivotal role in supporting the completion of the quarterly and annual statutory filings for The U.S. Branch of The Independent Order of...
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Toronto, Canada Foresters Financial Services, Inc. Full timeCareer Opportunity Role Title Financial Analyst, US Statutory Financial Reporting and Accounting Purpose of role Reporting to the Manager, US Statutory Financial Reporting and Accounting, this position will play a pivotal role in supporting the completion of the quarterly and annual statutory filings for The U.S. Branch of The Independent Order of...
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Financial Analyst, US Statutory Financial Reporting and Accounting
2 weeks ago
Job DescriptionKey ResponsibilitiesUS Statutory Financial Reporting and AccountingProvide support for the preparation of quarterly and annual statutory financial statements including the Risk Based Capital (RBC) return for the National Association of Insurance Commissioners (NAIC)Assist with the timely quarterly reporting cycle on a US Statutory accounting basis by processing journal entries within the Corporate General LedgerAssist with the preparation of monthly and quarterly account reconciliationsSupport the preparation of the working papers for the annual external review of the reconciliation of The US Branch net income between IFRS and NAICAssist with the internal coordination with the Corporate Actuarial and Investment Accounting team to ensure sufficient and complete information is obtained for US Statutory reportingUS Regulatory FilingsAssist with the preparation and submission of the quarterly and annual regulatory returns to the NAIC including state fillingsMaintain the regulatory filings tracking sheet to ensure that filings are tracked and submitted in a timely mannerAssist in coordinating internally with signatories and notaries as required for the approval of returns prior to submissionSupport with payment fulfilment to US State Regulators in a timely mannerSegregated Fund ReportingAssist with the timely preparation of the annual audited IFRS financial statementsPreparation of the quarterly segregated fund account reconciliationsCompilation and provision of external audit support as part of the annual auditPreparation of the segregated fund annual fund facts document for publicationOtherCoordinate with Insurance Operations on the annual reporting and payments for unclaimed propertyAssist with the compilation of Board and Audit committee materials as requiredOther duties as assignedKey QualificationsUniversity degree with a major in Accounting/Finance or equivalentProfessional Accounting designation or enrolled in advanced stages of professional designation program1-2 years of related industry experience, experience in life insurance/financial institution corporate reporting environmentKnowledge of insurance accounting policies and procedures would be an assetStrong analytical, financial, and accounting skillsExcellent verbal and written communication skillsEnthusiastic individual who possesses flexibility and team commitmentDemonstrated ability to work independently and establish priorities to meet tight deadlinesDecisive with sound judgment to act effectively to anticipate problems and be proactive in finding solutionsDemonstrated strong attention to detail and accuracyHigh degree of accountability, ownership and initiativeExcellent computer skills in an MS Office environmentProactive and highly motivated individual who will take the initiative to get things done#LI-Hybrid
