*Financial Analyst – Insurance (WTL, ON)

Recruit Action inc.; Waterloo; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A recruitment agency is seeking a Financial Analyst for a hybrid role in Waterloo. Responsibilities include financial reporting and client management. Candidates should have a degree in Finance or Accounting and strong Excel skills. Bilingualism in English and French is preferred. This position offers an hourly salary of $28-31 and a contract of 7 months with potential for extension.

Qualifications

• Solid understanding of accounting principles including accrual and cash methods.
• Familiarity with group benefits and related tax and underwriting principles.

Responsibilities

• Conduct due diligence reviews for accurate financial reporting.
• Prepare financial reports including premium, claims, and reserves data.
• Process wire requisitions and handle renewal accounting.

Skills

Intermediate or advanced Excel skills

Excellent written and verbal communication skills

Strong mathematical, analytical, and organizational skills

Bilingual in English and French

Education

University degree or equivalent experience in Finance or Accounting

Tools

Microsoft Office tools (Word, PowerPoint, Teams)

Job description

Overview

Financial Analyst – Insurance. We are hiring three professionals for a hybrid contract role in the insurance industry, based in Waterloo or Montréal. Focus on financial reporting, SLA results, and wire transactions. Use your accounting and Excel skills in a fast-paced, detail-oriented environment. Bilingualism in English and French is preferred to support national clients.

What is in it for you

• Hourly salary of $28-31, based on experience.
• 7-month contract with the potential for extension.
• Full-time position: 37.50 hours per week.
• Weekday schedule from 9 am to 5 pm.
• Flexibility to start between 8 am and 9 am.
• Hybrid work: in-office Tuesday to Thursday.

Responsibilities

• Conduct due diligence reviews to ensure clients are properly set up for accurate financial reporting.
• Investigate and resolve financial input issues impacting financial statements.
• Prepare financial reports including premium, claims, and reserves data.
• Complete accounting entries and update systems accordingly.
• Provide guidance or enter required coding for financial adjustments.
• Manage internal and external inquiries regarding client accounts and reporting.
• Process wire requisitions and treasury-related accounting.
• Handle renewal accounting and support year-end and interim financial reporting.
• Work with internal systems including claims, general ledger, and billing systems.
• Support the implementation and testing of automation tools for SLA reporting.
• Recommend and implement process improvements.
• Track personal productivity and turnaround time reporting.
• Compose professional communications to senior stakeholders.
• Demonstrate adaptability in a fast-changing and documentation-light environment.

What you will need to succeed

• University degree or equivalent experience in Finance or Accounting.
• Intermediate or advanced Excel skills (e.g., vLOOKUP, pivot tables, IF/THEN logic).
• Proficiency in Microsoft Office tools including Word, PowerPoint, and Teams.
• Solid understanding of accounting principles, including accrual and cash methods.
• Knowledge of client financial agreements and insured refund accounting.
• Experience with ASO billing in arrears and advance funding models.
• Strong grasp of financial statement preparation and suspense management.
• Familiarity with group benefits and related tax and underwriting principles.
• Technical knowledge of financial and administrative systems.
• Excellent written and verbal communication skills.
• Strong mathematical, analytical, and organizational skills.
• Ability to manage multiple tasks and deadlines independently.
• Attention to detail and accuracy is essential.
• Demonstrated decision-making and problem-solving abilities.
• Self-starter with the ability to learn independently.
• Bilingual in English and French, an asset for reviewing client agreements, preparing bilingual financial reports, and responding to inquiries from stakeholders and clients in both languages.
• Experience with Excel Goal Seek or macros is an asset.

Why Recruit Action

Recruit Action (agency permit: AP-2504511) provides recruitment services through quality support and a personalized approach to job seekers and businesses. Only candidates who match hiring criteria will be contacted.