Hybrid Senior Reinsurance Financial Analyst

Zurich 56 Company Ltd; Toronto; Hybrid; CAD 75,000 - 119,000; Full time

Job summary

Zurich Canada is seeking a Senior Reinsurance Financial Analyst to manage complex reinsurance transactions, ensuring proper accounting and adherence to SOPs. You will lead governance, analytics, and provide training while collaborating with cross-department partners.

Reporting to the Reinsurance Financial Manager, you will oversee team workflow, handle high-complexity scenarios, and contribute to financial statements and KPI reporting. This is a hybrid role in Canada.

Qualifications

• Bachelor’s Degree in Accounting or Finance with 6+ years in the Reinsurance area within the insurance industry.
• High School Diploma or Equivalent with 8+ years in the Reinsurance area within the insurance industry.
• CPA, CPCU, CFA, or CTP designation(s) preferred.
• Advanced knowledge of reinsurance contracts and claim recoverable processes.
• Intermediate to advanced Microsoft Office skills.
• Experience with general ledger/financial reporting systems and Business Objects or other query tools.
• Strong verbal and written communication skills.

Responsibilities

• Analyze and apply accounting and operational procedures for complex reinsurance contracts.
• Provide direction and perform calculations, recording, accounting, reporting, and settlement of complex reinsurance transactions.
• Handle reinsurance claims of medium to high complexity as needed.
• Provide oversight for complex reinsurance-related activity (e.g., commutations, deposit or retroactive accounting, clash cessions, complex multi-policy or multi-claim cessions, cessions with occurrence issues), identify issues, and coordinate resolution.
• Communicate with supervisors, reinsurers, customers, and high-level representatives from other departments (e.g., Claims, Actuarial, Finance).
• Develop, prepare, analyze, or review complex internal or external reinsurance reports, financial statements, key performance indicators, premium plans, or scorecards.
• Provide complex reinsurance agreement and transactional oversight responsibilities for team and vendor governance and oversight functions.
• Collaborate on project management efforts of cross-departmental initiatives.
• Act as a subject matter expert on the relationship between team workflows, key control elements, and administration of governance functions, along with dependencies and outputs from Group Reinsurance processing.
• Provide complex reporting analysis to resolve issues and inquiries using data query tools, including Business Objects.

Skills

CPA/CPCU/CFA/CTP designations

Advanced knowledge of reinsurance

Office skills

Business Objects or query tools

Strong communication

Education

Bachelor’s Degree in Accounting or Finance

High School Diploma or Equivalent

Tools

Business Objects

Job description

Zurich Canada is seeking a Senior Reinsurance Financial Analyst to manage complex reinsurance transactions, ensuring proper accounting and adherence to SOPs. You will lead governance, analytics, and provide training while collaborating with cross-department partners.

Reporting to the Reinsurance Financial Manager, you will oversee team workflow, handle high-complexity scenarios, and contribute to financial statements and KPI reporting. This is a hybrid role in Canada.