Senior Reinsurance Accounting Manager

Everest Re Group,; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading reinsurance company is seeking a Senior Reinsurance Accounting Manager to join their finance team in Toronto. This role involves responsibilities such as financial reporting, managing reinsurance activities, and preparing financial statements. Ideal candidates will be qualified accountants (CPA or equivalent) with strong analytical skills, attention to detail, and proficiency in Excel. The position offers a full-time schedule with opportunities for professional development.

Benefits

Dynamic training and professional development

Tuition reimbursement programs

Flexible work arrangements

Mentoring opportunities

Qualifications

• Qualified accountant, CPA or equivalent.
• Strong proficiency in Excel and accounting software.
• Proven P&C accounting experience.

Responsibilities

• Responsible for financial reporting and reinsurance activity.
• Prepare reconciliations to support financial statements.
• Assist with the completion of annual external audits.
• Prepare schedules for financial regulatory returns.
• Support the AVP of Finance and team.
• Manage claims transactional data and accounting entries.
• Ad-hoc projects as required.

Skills

Strong organizational skills

Analytical skills

Attention to detail

Proficiency in Excel

Communication skills

P&C accounting experience

Understanding of IFRS 17

Education

Qualified accountant, CPA or equivalent

Tools

Accounting software experience

Job description

Title:

Senior Reinsurance Accounting Manager

Company:

Everest Insurance Company Of Canada

Job Category:

Finance

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The Senior Reinsurance Manager for Everest Insurance Company of Canada will report to the Assistant Vice President at Everest Insurance Company of Canada.

As a key member of the Finance team, the Senior Reinsurance Manager will be responsible for certain processes in the monthly and quarterly close including but not limited to the reinsurance treaties and appropriate accounting, analyzing and communication regarding same.

Role & Responsibilities (include but not limited to):

• Responsible for financial reporting and settlement of third party and affiliated reinsurance activity.

• Prepare reconciliations and analysis to support the quarterly and annual financial statements.

• Assist with the coordination and completion of annual external audits.

• Prepare schedules and components of the financial regulatory returns and other filings as directed.

• Assist and support the AVP of Finance and other members of the team.

• Responsible for gross and ceded claims transactional data and posting accounting entries.

• Ad-hoc projects as and when required.

Qualifications:

• Qualified accountant, CPA or equivalent.

Knowledge, Skills & Competencies:

• Qualified accountant, CPA or equivalent.

• Strong organizational, analytical, and prioritization skills.

• High level of accuracy, attention to detail.

• Strong proficiency in Excel and experience with accounting software.

• Excellent communication skills.

• Proven P&C accounting experience.

• Understanding of IFRS 17 statements.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Valuesare the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations:

Everest Canada. Privacy Notice | Everest (everestglobal.com)