Accountant

Engage Recruitment; Toronto; Hybrid; CAD 80,000 - 85,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Engage Recruitment is assisting a leading insurance organization in Toronto to hire a Financial Analyst focused on reinsurance. The role blends accounting, analysis, and technology to deliver actionable insights for profitability and client negotiations.

You will partner with Claims, Actuarial, IT, and Reinsurance Operations, design controls, and participate in system upgrades and automation initiatives. A degree in Commerce/Business/Accounting and 3–5 years’ experience are required, with CPA in

Qualifications

• 3-5 years of experience in finance, ideally within the insurance or reinsurance sector.
• A degree in Commerce, Business, or Accounting.
• CPA designation or in progress is an asset.
• Strong proficiency in Microsoft Office, especially Excel (advanced skills required). Experience with Oracle, PowerBI, SQL, or PSQL is advantageous.

Responsibilities

• Lead Financial Excellence: Manage core reinsurance accounting processes, ensuring premium, commission, and cash flow transactions are recorded and reported on time.
• Innovate and Improve: Support projects to automate workflows, upgrade financial systems, and implement new reporting tools.
• Partner Across Teams: Collaborate with Claims, Actuarial, IT, and Reinsurance Operations to optimize processes and ensure compliance.
• Deliver Strategic Insights: Prepare management reports on profitability, claims, and premium estimates to inform decisions and negotiations.
• Ensure Control & Compliance: Design robust accounting controls, support audits, and document processes for governance.
• Support System Enhancements: Lead user testing for upgrades and drive automation initiatives for efficiency.
• Contribute to Special Projects: Implement new analytical tools and reporting systems to stay at the forefront of the industry.

Skills

Analytical mindset

Attention to detail

Communication skills

Team collaboration

Problem solving

Education

Bachelor's degree in Commerce/Business/Accounting

CPA designation in progress (asset)

Tools

Excel

Oracle

PowerBI

SQL

PSQL

Job description

Our client, a leading insurance organization, is looking for a Financial Analyst to join their busy team.

Are you passionate about turning complex financial data into strategic insights? Do you thrive in a dynamic environment where your analytical skills can make a real difference? We're looking for a talented Reinsurance Financial Analyst to be a key player in our North American operations. This isn’t just a traditional accounting role - it’s an opportunity to shape processes, leverage cutting-edge technology, and contribute to a high-performing team.

This is a hybrid role, requiring three days per week in our downtown Toronto office (walking distance within PATH from Union).

What You'll Do:

• Lead Financial Excellence: Take charge of core reinsurance accounting processes, ensuring premium, commission, and cash flow transactions are accurately recorded and reported on time. Your work will directly influence our management decisions and client satisfaction.
• Innovate and Improve: Support exciting projects aimed at automating workflows, upgrading financial systems, and implementing new reporting tools. Your ideas will help us streamline operations and elevate our reporting capabilities.
• Partner Across Teams: Collaborate with departments such as Claims, Actuarial, IT, and Reinsurance Operations to solve complex operational challenges. Your insights will help us optimize processes and ensure compliance.
• Deliver Strategic Insights: Prepare comprehensive management reports on profitability, claims, and premium estimates. Your analysis will inform key business decisions and client negotiations.
• Ensure Control & Compliance: Design and maintain robust accounting controls, support audit processes, and document processes to uphold our governance standards.
• Support System Enhancements: Lead user testing for system upgrades and contribute to automation initiatives that make our financial operations more efficient and responsive.
• Contribute to Special Projects: Play a vital role in implementing new analytical tools and reporting systems that keep us at the forefront of the industry.

What We're Looking For:

• 3-5 years of experience in finance, ideally within the insurance or reinsurance sector.
• A degree in Commerce, Business, or Accounting
• CPA designation or in progress is an asset
• Strong proficiency in Microsoft Office, especially Excel (advanced skills required). Experience with Oracle, PowerBI, SQL, or PSQL is advantageous.
• A proactive team player who embraces innovation and technological trends.
• Ability to thrive under tight deadlines in a fast-paced environment, balancing multiple priorities with ease.
• Exceptional communication skills, with a knack for translating data into clear insights.

Why Join Us?

This role offers a unique blend of accounting expertise, strategic analysis, and technological innovation. You’ll be part of a forward-thinking organization that values your ideas, encourages professional growth, and recognizes your contributions. If you're ready to take your career to the next level and make a tangible impact, we want to hear from you!

Compensation:

The base salary range for this position is $80,000 - $85,000 plus 5% bonus.