Financial Analyst - Ancaster, Canada - BIS Risk Solutions

Description

If you are detail-oriented, a big-picture thinker, and great with numbers then keep reading

BIS Risk Solutions is looking for a full-time
Finance Analyst based in Ontario, ideally near Ancaster with a flexible working arrangement that can be accommodated at our head office, remotely, or a combination hybrid agreement.

Get to Know Us:

BIS Risk Solutions is a managing general agent specializing in commercial insurance and alternative risk transfer programs, specifically captive reinsurance.

Our growth has been fueled by a dedicated team of experienced professionals supported by solid partnerships with top insurance carriers in Canada.

The Opportunity:

We are currently seeking a motivated
Finance Analyst with Insurance industry experience to support our Captive Management Department. Insurance Industry experience is critical for day-to-day activities and knowledge of QuickBooks (QB) Online as well as Microsoft Excel. We are seeking applicants who are self-starters, highly motivated, and willing to learn and grow within our organization.


Position Duties and Responsibilities:

• Liaising with firm's underwriting technical staff and supporting them with bookkeeping needs related to their program areas.
• Processing all journal entries as required.
• Assist in maintenance of bank accounts and bank reconciliation.
• Inputting all transactions into QB Online.
• Producing weekly and monthly QB reports e.g. A/R, A/P, Revenue, Trust.
• Generating monthly bank statements.
• Approving and processing staff expense reimbursements.
• Paying premiums, broker commissions and reinsurance payments (wire transfers, EFTs, etc.).
• Generating monthly claims reports ("Monthly Loss Summaries") three captives, once per month.
• Reconciling insurance company statements with the GL.
• Reconciling commission income.
• Assisting and supporting the Trust Payables Team to ensure remittances are timely and accurate.
• Assisting with accounts receivable deposits and ensuring all payments are allocated to the correct customer/policy number.
• Administrative duties and assisting with other finance projects as required.

What you bring to BIS:

• A knack for working with numbers.
• Enthusiasm and eagerness to learn and be successful as part of a team.
• Exceptional written and verbal communication skills.
• Excellent working knowledge of Microsoft Office Suite, specifically Microsoft Excel.
• Excellent working knowledge of computerized accounting systems.
• Strong sense of personal ethics and the ability to maintain confidentiality.
• Exceptional organizational and prioritization skills.
• Exceptional time management and multitasking abilities that allow you to meet tight deadlines.

Education and Experience:

• Minimum of two years accounting experience.
• Previous experience in an insurance brokerage would be considered an asset.
• Previous experience in bookkeeping leveraging QuickBooks Online.
• PowerBroker knowledge would be considered an asset.
• ASPE accounting principles

Benefits of working with BIS Risk Solutions:

• Team and one-on-one mentorship.
• Group benefit package including health, dental, life, and longterm disability.
• Flexible working arrangement.
• Support and resources for your personal and professional development.
• Education allowance.

*BIS is an equal opportunity employer that values a diverse workforce of creative


Job Types:
Full-time, Permanent


Salary:
$70,000.00-$80,000.00 per year


Benefits:

• Dental care
• Employee assistance program
• Extended health care
• Flexible schedule
• Life insurance
• Paid time off
• RRSP match
• Vision care

Schedule:

• 8 hour shift
• Monday to Friday

Work Location:
Hybrid remote in Ancaster, ON