Job Description
Senior Group Financial Analyst - PROCOM KW is looking for a Senior Group Financial Analyst for one of our large enterprise clients in the financial services industry.
Senior Group Financial Analyst Job Details
The Senior Group Finance Analyst will be responsible for the administrative and technical support of a small group of reinsurance analysts and more complex reinsurance arrangements. The incumbent will develop and maintain effective reinsurance practices, process complex reinsurance settlements, develop and prepare reports for regulatory bodies and internal partners, and assist in the development and maintenance of accounting models.
Senior Group Financial Analyst Responsibilities
- Work with stakeholders to properly interpret signed reinsurance treaties and amendments.
- Determine administrative and accounting requirements of the new or amended arrangement and work with team members to implement the required processes.
- Ensure strong controls are built and implemented to accommodate the arrangement.
- Process complex settlements and related accounting
- Review settlements prepared by staff.
- Prepare monthly, quarterly, and annual financial reports
- Coordinate and/or support internal and external audits
- Support the implementation and solutions of IFRS 17 needs as it relates to reinsurance processes and financial reporting needs.
- Develop, document, and maintain team policies, practices, and procedures, in partnership with the manager.
- Develop and deliver training to Reinsurance Operations team members and other stakeholders
- Identify and implement process enhancements to increase team efficiency and improve customer experience of internal partners.
- Review and approve settlements, in partnership with the manager.
Senior Group Financial Analyst Must Haves
- University degree in Accounting, Economics, Mathematics or related area of study with minimum two years work experience.
- Accounting/Finance designation or working toward (CPA/CFA).
- Advanced financial modeling and analytical skills, including expert knowledge of Excel.
- Knowledge of reinsurance treaties and administration and/or knowledge of underwriting principles and policies.
- Strong planning and organizational capabilities, including the ability to coordinate a large, diverse group of individuals in the completion of a common deliverable.
- Track record in leading or supporting the improvement of processes and controls.
- Knowledge and application of accounting principles and standards.
- Excellent verbal communication, bilingualism required (English & French).
- Ability to write clearly and concisely to different audiences (i.e., team members, IT representatives, reinsurers, internal partners, etc.).
- Attention to detail.
- Energetic and results oriented.
Senior Group Financial Analyst Nice to Haves
- Knowledge of Oracle and Hyperion and accounting systems including CDB, CHESS, Oasis, Genesis and Datamart.
- CEBS designation or working towards (GBA).
- Knowledge of Group Benefits products and services.
Senior Group Financial Analyst Other Requirements
Overtime may be required during peak demands at monthly and quarterly intervals.
Senior Group Financial Analyst Start Date
Immediate
Senior Group Financial Analyst Assignment Length
12-month contract to start
Recommended Skills
- Accounting
- Accounting Systems
- Administration
- Analytical
- Attention To Detail
- Communication
Job ID: 68720