Regulatory Reporting Analyst - Insurance

Bhuvitech Innovations; Markham; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

Bhuvitech Innovations in Markham, Ontario is seeking an experienced professional to manage end-to-end insurance regulatory reporting and statutory filings. You will collaborate with Finance, Compliance, Risk, and Operations to ensure accuracy and regulatory compliance across submissions.

The role requires strong business analysis and data handling skills, with a focus on governance, controls, and timely delivery in a hybrid work setup from Markham.

Qualifications

• 8-15 years of overall professional experience in insurance/regulatory roles.
• Strong experience in Insurance Regulatory Reporting and statutory filings.
• Solid understanding of Regulatory Compliance and Statutory Filings in the insurance industry.
• Proven ability to gather, document, and analyze business requirements and translate them into reporting specs.
• Hands-on data analysis, reconciliation, validation, and exception management for regulatory submissions.

Responsibilities

• Manage end-to-end insurance regulatory reporting and statutory filings.
• Prepare, review, validate, and analyze regulatory and financial reports for accuracy and compliance.
• Translate regulatory requirements into clear business and reporting requirements.
• Perform data analysis, reconciliation, validation, and exception management for submissions.
• Coordinate regulatory reporting projects, timelines, dependencies, and stakeholder deliverables.
• Support governance, controls, audit readiness, and compliance documentation.

Skills

Regulatory Reporting

Insurance Industry

Business Analysis

Data Analysis

Regulatory Compliance

Stakeholder Management

Project Coordination

Financial Reporting Systems

Communication Skills

Job description

Role & Responsibilities

• Manage and support end-to-end insurance regulatory reporting and statutory filing activities.
• Prepare, review, validate, and analyze regulatory and financial reports to ensure accuracy and compliance.
• Interpret regulatory requirements and translate them into clear business and reporting requirements.
• Perform data analysis, reconciliation, validation, and exception management for regulatory submissions.
• Work closely with Finance, Compliance, Risk, Operations, Technology, and other business stakeholders.
• Gather and document business requirements, process flows, reporting requirements, and functional specifications.
• Identify gaps in regulatory reporting processes and recommend improvements.
• Support enhancements and transformation initiatives related to finance and regulatory reporting systems.
• Coordinate regulatory reporting projects, timelines, dependencies, and stakeholder deliverables.
• Ensure statutory and regulatory submissions are completed accurately and within required timelines.
• Support governance, controls, audit readiness, and compliance documentation.
• Manage stakeholder communication and provide regular updates on reporting activities, risks, and issues.

Preferred Candidate Profile

• 8-15 years of overall professional experience.
• Strong experience in Insurance Regulatory Reporting.
• Good understanding of Regulatory Compliance and Statutory Filings.
• Experience working within the Insurance industry is strongly preferred.
• Strong background in Business Analysis, including requirements gathering and documentation.
• Hands-on experience with data analysis, reporting, reconciliation, and validation.
• Exposure to Finance Systems / Financial Reporting Systems.
• Strong stakeholder management and cross-functional coordination skills.
• Experience in project management or project coordination.
• Strong analytical, problem-solving, and communication skills.
• Ability to manage multiple regulatory reporting deadlines and priorities.
• Candidates with backgrounds such as Regulatory Reporting Analyst, Senior Business Analyst, Compliance Analyst, Insurance Operations Analyst, Finance Systems Analyst, or Statutory Reporting Analyst will be preferred.
• Candidate should be comfortable working in a Hybrid model from Markham, Ontario.