Senior Financial Accountant, FP&A,
4 hours ago
*Job Title*
Senior Financial Accountant, FP&A,
Job Description
We believe in giving you ongoing opportunities to advance your career. Whether you want to take on broader responsibilities or grow in new directions, you are in the right place. Here at Pacific Life Re and UnderwriteMe, we want to help you embrace your potential so you can achieve your personal best doing purposeful work, every day.
About Us
We are a rapidly growing global life reinsurer, working with our clients around the world to manage their mortality, longevity, and morbidity risk. We provide Life, Critical Illness, Income Protection, Hospital Cash and Longevity reinsurance products and services to our clients. Today, we are one of the largest and most experienced in the longevity market and are continuing our rapid growth internationally with offices across Europe, Asia, North America and Australia.
We have a relaxed but hard-working culture and providing employees with a healthy work-life balance is important to us. We have a wide range of benefits and regular company activities, including quarterly socials and wellness initiatives.
We are currently midway through a back-office office transformation program (Project Unify) and the company has recently re-organized into a Line of Business structure. The combination of these two events means an exciting time for Financial Planning and Analysis as we modernize our processes and set ourselves up to partner with the business effectively.
The Role
Senior Accountant, Financial Planning & Analysis
We are seeking a high-performing, driven FP&A professional reporting to the Manager, FP&A to join our global reinsurance business. This role will focus on delivering high-quality financial planning, analysis, and insight to support decision-making within the Protection Line of Business and global expense management.
This is a hands‑on role that requires strong analytical skills, sound accounting judgment, and the ability to collaborate effectively with stakeholders across Finance and the wider business. Understanding complex reinsurance products and the ability to communicate this understanding with colleagues of differing expertise will be an asset in this role. Proficiency in Power BI development and experience working with financial systems would be beneficial. The role does not carry formal people-management responsibility but plays a key role in influencing outcomes through insight, analysis and business partnering.
Team outputs/ objectives
Financial Planning & Analysis is a global function within Finance operating in UK, Asia, Australia and North America.
The FP&A team is responsible for all financial analysis, MI design and production, strategic planning and forecasting. The FP&A team also support the company's strategic objectives in relation to organic growth, new products and markets, pricing, modelling and Tax strategy.
Key Responsibilities
This role is primarily accountable for delivering high-quality financial planning, analysis, and insight for global expenses and the Western Protection line of business, with a focus on forecasting and continuous improvement of processes.
Financial Planning
- Support the development and ongoing maintenance of global expense planning and Western Protection business planning processes, including annual budgets, forecasts, and long-range plans.
- Partner with business and finance stakeholders to gather, validate, and challenge financial assumptions, with particular focus on expense drivers and cost center structures.
- Analyze actual results versus plan and forecast, identify key variances, trends, and underlying drivers, and clearly articulate explanations.
- Prepare and deliver planning and forecasting outputs that provide transparency into performance, risks, and opportunities for senior FP&A leaders and business stakeholders.
Financial Analysis & Insight
- Conduct in-depth financial analysis, including variance analysis, profitability analysis, and scenario modelling, to support operational and strategic decision-making.
- Provide in-depth expense and cost analysis, highlighting key drivers, emerging trends, and areas for efficiency or optimization.
- Identify risks and opportunities within financial results and forecasts, escalating material items with well-supported analysis and recommendations.
- Develop and maintain financial models, dashboards, and KPIs to track business and expense performance, communicating insights effectively to stakeholders.
- Ensuring analysis is timely, accurate, and decision-focused, enabling stakeholders to understand both financial outcomes and forward-looking implications.
System, Data & Process Enhancement
- Improve planning, forecasting, and reporting processes to increase automation, scalability, and data integrity, including transitions away from manual or spreadsheet-heavy workflows.
- Apply strong data discipline to ensure consistency, governance, and control across FP&A outputs, particularly in relation to expense management and cost reporting.
- Contribute to continuous improvement initiatives by identifying inefficiencies, recommending process enhancements, and sharing best practices across the global FP&A function.
- Support and contribute to enhancements of FP&A systems, tools, and data processes in partnership with BAU and project teams.
Desired Qualifications & Experience
- Professional accounting designation (CPA, ACA, ACCA, CIMA, or equivalent) is preferred.
- Typically, 3+ years of relevant post-qualification experience in FP&A, financial analysis, or related finance role.
- Ability to communicate complex financial information clearly to both finance and non-finance stakeholders.
- Advanced proficiency in Microsoft Excel (Power query) and Power BI report development preferred.
- Experience within insurance or reinsurance is strongly preferred.
- Strong experience working with planning systems and analysis tools, including hands-on data extraction and management.
- Accounting knowledge combined with advanced financial analysis and modelling skills.
- Strong attention to detail, analytical rigor, and ability to manage multiple priorities in a dynamic environment.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Toronto Salary:
$90, $106,155.00
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits
Leave
- 23 days of annual leave (Regular employees) with option to buy or sell more days
- Fertility leave
- Generous parental leave
Healthcare
- Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
- Dental & Optical benefits
Savings & Retirement
- RRSP: company-matched contributions
Wellness
- Employee and Family Assistance Program
- Subsidized gym membership
- Time off for volunteering
- Charitable matching of employee donations
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values
Please click here to view our company values
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