Manager Reinsurance Accounting - Toronto, Canada - Northbridge Financial Corporation

Northbridge Financial Corporation

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

We're Northbridge Financial. We're proud to be 100% Canadian and owned by Fairfax Financial. We serve through our Northbridge Insurance, Federated Insurance, and TruShield Insurance brands. We have a reputation for being one of Canada's leading commercial property and casualty insurance company.

Our employees are dedicated to understanding the needs of our customers and we go above and beyond to help Canadian businesses have a safer and brighter future.

We're a company of passionate people who put people first.

Do you want to join a team that believes in working hard - and having fun at work - all while making a difference? Look no further than Northbridge.

The Manager, Reinsurance Accounting is responsible for managing the day-to-day operations of the Reinsurance Accounting team including priority setting, training & coaching staff, and playing a leadership role in support of the team's mandate.

The team's primary focus areas include key reinsurance functions around financial reporting, relationship management, and timely settlement of reinsurance business.

The Reinsurance Accounting team is part of the broader Finance team which is a dynamic team that is focused on preparing external financial reporting for our shareholder and regulator, as well as overseeing the company's core financial systems.

In other words, they're awesome. If you are too, consider joining us to joining our Reinsurance Accounting Department.

You're great at:

Lead efforts around preparation of financial statements for our various insurance companies by providing and confirming reinsurance financials & note disclosures in support of reporting to our shareholder, regulator and management.
Oversee the maintenance of financial records that support the detailed data, including developing and maintaining financial models, corporate policies, and reconciliations.
Lead development and implementation of efficient and reliable processes, including taking into consideration new IT systems
Collaborating with crossfunctional teams to ensure timely & accurate reporting of reinsurance accounting data
Assist internal and external auditors with documentation and support.
Research complex reinsurance transactions and prepare documentation outlining issues and conclusions
Perform analysis and prepare projections of reinsurance premiums by line of business and reinsurer
Act as a liaison between reinsurers and claims personnel when difficulties arise regarding payment or collection.
Provide effective coaching and motivation of staff

You have:

Postsecondary education in a financial discipline or related field
Minimum 57 years of experience in the Property and Casualty industry
Working knowledge of insurance accounting, including premiums, claims, reinsurance, controls, and accounting systems
Ability to effectively lead and manage a team
Attainment of CPA designation

We really mean it when we say we put you first.

Here are a few ways how:

You get to work from the office and at home (50/50), so you can manage both worlds with the ease and flexibility you need.
We offer competitive salaries and support your financial health through our employee share purchase plan, pension plans, RRSP, discounts on staff insurance, and more
We help you prioritize your wellbeing from day one through flexible health benefits, early leave days, wellness programs, rewards, and recognition programs.
We are invested in helping you grow in your career through education assistance, internal mobility, and mentoring programs.
We care about the community and support the causes you believe in with donation matching and team volunteer days.

At Northbridge Financial we embrace and celebrate you and are committed to creating an inclusive workplace for all No matter who you are or what makes you unique, we welcome you.

Please let us know how we can assist or accommodate you during the selection process.