Financial Analyst

Sutton Special Risk Inc.; Toronto; Hybrid; CAD 60,000 - 86,000; Full time

Job summary

Sutton Special Risk Inc. in downtown Toronto is seeking a Financial Analyst to join the CPA‑benefit team. This permanent role reports to the CFO and supports general ledger, reporting, and analysis in a hybrid office setting.

The ideal candidate has 3–5 years in insurance finance, strong Excel (Vlookup, Index + Match, Pivot), and experience with SEI reporting; Power BI is a plus. Pursuing CPA is an advantage.

Qualifications

• 3-5 years related experience in the Insurance industry.
• Pursuing CPA designation will be an advantage.
• Experience with Sage Enterprise Intelligence (SEI reporting) desirable.
• Effective written and verbal communication skills.
• Ability to work in a team environment.
• Understanding of accounting processes, procedures and internal controls.
• Strong research and analysis skills with attention to detail.
• Able to learn new tasks independently and quickly.
• Excellent organizational skills.
• Advanced Excel skills (Vlookup, Index + Match, Pivot Tables).
• Power BI knowledge is a plus.

Responsibilities

• Perform day-to-day general ledger accounting, bank reconciliations, financial reporting and analysis for assigned areas.
• Maintain SEI reporting and liaise with underwriters, brokers and stakeholders.
• Communicate with Supervisors during financial close and deliverables.
• Manage month-end, quarter-end and year-end closes for assigned areas.
• Prepare variance analysis and explanations.
• Perform balance sheet reconciliations and ad hoc reporting for audits.
• Support premium and claim bordereaux preparation and tracking.
• Contribute to process improvement projects and cross-train as needed.

Skills

Advanced Excel

Power BI

Sage SEI reporting

Team player

Attention to detail

Communication skills

Education

CPA designation (pursuing)

Tools

Sage Enterprise Intelligence (SEI)

Excel Pivot Tables

Job description

About Sutton Special Risk

Sutton Special Risk is a Managing General Underwriter, formed in 1978, providing worldwide A&H and P&C insurance and reinsurance solutions with operations in Canada, the US & UK. We are recognized as one of the insurance industry’s Top Employers in Canada by Benefits and Pensions Monitor, and we’ve been named one of Canada’s Top Small and Medium Employers in 2024 and 2025.

Brief Description

We are currently seeking a highly motivated, efficient and experienced individual to join the company as a Financial Analyst. The role is based in the downtown Toronto office, with a hybrid working environment. This role reports to the CFO and is a permanent position.

Responsibilities

• Responsible for performing the day- to-day general ledger accounting, bank reconciliations, financial reporting and analysis for assigned functional areas.
• In depth knowledge of Sage/Accpac with specific emphasis on their SEI module for reporting
• Liaise with underwriters, brokers and various other stakeholders in a professional and efficient manner.
• Routine communication with Supervisors relating to financial close, issues and deliverables.
• Responsible for month-end, quarter-end and year-end close for assigned functional areas.
• Research and prepare variance analysis and explanations.
• Perform Balance Sheet account reconciliations, account analysis, accrual calculations, and other related accounting documents/schedules.
• Preparation of ad hoc analysis and reports as required for financial and Coverholder audits.
• Support the Brokerage and Finance team in terms of premium and claim bordereaux preparation, submission and tracking.
• Responsible for performing special projects to improve process efficiency and performance.
• Cross train as back-up for other team members.

Requirements

• 3-5 years related experience in the Insurance industry
• Pursuing CPA designation will be an advantage.
• Experience with Sage Enterprise Intelligence (SEI reporting) desirable
• Effective Communication Skills (Written & Verbal).
• Ability to succeed in a team environment.
• Understanding of accounting processes, procedures and internal controls.
• Strong research and analysis skills. Attention to detail is a must.
• Ability to adapt quickly and learn new tasks independently.
• Excellent organization skills.
• Advanced Excel skills is a must. Excel Skills: Vlookup, Index + Match, Pivot Tables & Pivot Reporting.
• Power BI knowledge will be an added advantage.