Senior Financial Analyst

Swiss Re; Toronto; On-site; CAD 90,000 - 115,000; Full time

Job summary

Swiss Re in Toronto is seeking an FP&A professional to translate business performance into actionable insights. You will develop financial plans, partner with multiple finance teams, and support IFRS-17 reporting and new business projections.

The role requires strong analytics, communication skills, and knowledge of insurance dynamics in a global context. You will collaborate with the Latin America portfolio and other regions, contributing to strategic decisions and performance management within

Qualifications

• 3–5 years of relevant work experience, 2+ years in insurance, preferably in re/insurance.
• Good knowledge of insurance/reinsurance business and performance drivers.
• Solid understanding of IFRS-17/9 and multi-valuation concepts.
• Excellent verbal, written and presentation skills.
• Strong computing and data management skills; knowledge of multiple financial systems; programming languages a plus.

Responsibilities

• Develop deep understanding of the business to identify drivers of financial performance and produce a financial plan aligned with strategy.
• Extract information from finance systems, collaborate across Swiss Re, and communicate answers clearly.
• Deliver timely analysis of quarterly performance to senior stakeholders and support ad-hoc requests.
• Collaborate with BU FP&A to support New Business projections and IFRS-17 reporting KPI development.
• Provide finance insights for strategic commercial decisions and cross-functional discussions.

Skills

Analytical skills

Commercial awareness

Communication skills

Interpersonal skills

Time management

Education

Finance degree

Tools

Excel

Financial systems

Programming languages

Job description

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Finance plays a critical role in empowering our business leaders by providing performance insights, analytics, planning, and decision support to help steer the business and drive commercial outcomes. The Financial Planning & Analysis (FP&A) function is a key part of this mission and offers an opportunity to make a meaningful impact.

This role primarily supports the Latin America market, while also providing support to other countries and regions as business needs arise.

About the Role

We need a team member who can develop a deep understanding of the business to enable them to identify and communicate the drivers of financial performance and producing a financial Plan that reflects the businesses strategic ambition. This person will be pragmatic, someone able to extract information from the finance systems, work with colleagues from across Swiss Re, find solutions and communicate answers clearly.

Performance and analytics:

Detailed understanding of the drivers of financial results in each quarter, gained through the building positive relationships across client markets, reporting and controlling and actuarial/pricing functions and actuarial/pricing functions

Ensure timely and accurate analysis and submissions of financial performance to senior stakeholders (pipeline information, dashboards, quarterly performance report, etc.)

Working across functions to answer ad-hoc requests and present to management

New Business Close Process and Business Plan:

Work closely with BU FP&A team to support and develop requirements on New Business projection and business plan.

Facilitate change activities as required for IFRS-17 performance reporting, by having full understanding on the flow of the end-to-end business and finance operations, ledger closing and financial reporting (e.g., New Business and Business Plan).

Involved in the analysis of business results and outputs from the reporting system, ensuring consistent valuation is observed as compared to the business plan and costing.

Drive the business input into IFRS-17 KPI and business plan development and be the connection point between Finance Americas and BU L&H team.

Business Steering:

Support the Latin American team in commercial decision making and a finance partner in strategic discussions

Provide insights into the financial impact of transactions and other actions

About the Team

The team falls within the broader mandate of FP&A Americas Life & Health (L&H) Re and supports the Latin American portfolio. This makes it the go-to function for the region for all questions regarding performance management, financial steering and reporting and provides advisory on growth initiatives, transactions, and other business priorities. The team is part of Finance L&H Re and works closely with client managers, other teams in Finance and the wider Swiss Re organization. Our diverse team consists of members based in Armonk, Kansas City and Toronto.

About You

The ideal candidate has outstanding analytical skills and commercial approach and is keen to develop convincing storylines. You have high degree of curiosity and flexibility and are able to prioritize and deliver results within time constraints. Your excellent interpersonal skills will enable you to interact with all levels of the organization.

A background that will include elements of Mathematics, financial modelling, actuarial sciences and finance.

3-5 years of relevant work experience (2+ years in insurance), good knowledge of insurance/reinsurance business and performance drivers

Solid understanding of multi-valuation concepts, in particular IFRS 17/9

Excellent verbal, written and presentation skills

Strong computing and data management skills, knowledge of multiple financial systems and programming languages are considered a plus

The base salary hiring range for this existing position located in Toronto is CAD $90,000 to $115,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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