Senior Associate Finance positions focus on delivering results in their domain. This page aggregates open Senior Associate Finance roles and what employers typically expect.
The candidate will support the AVP, Finance Business Partner on ad-hoc projects and provide data as requested for (but not limited to): Management Reporting Packages, Board of Director’s Meetings, Quarterly Analytics presentation, Pro Forma maintenance, and Data Requests from Third Parties. The candidate will assist in ensuring the accuracy and quality of financial information contained in the financial statements. **Job Summary** There will be an emphasis on gathering information related to all aspects of the business: the position will interact with various departments: technical closing, actuarial, claims, technical accounting, underwriting, legal, etc. Focus will be on assisting with the analysis of the technical landing of the books, including all associated metrics under IFRS 17 and US STAT. Additionally, the role will require analysis and optimization of business flows in order to ensure maximum operating efficiency for the company and its legal structure. The ideal candidate will be detail-oriented, proactive, and eager to contribute to the financial operations of the company. They will have a high sense of teamwork and work ethic, and will be able to assist the Finance function in providing deliverables timely. ### Responsibilities **Key duties and responsibilities** This position will perform and co-ordinate processes as outlined below. **Quarterly Analytics** - Assist in developing expectations of technical results for each quarter (US STAT/IFRS 17) - Compare expectations to actual results by division/LOB/UWY - Assist with the review of retro results to ensure they are in line with expectations, investigating any significant variances - Work with technical closing, claims, reserving, and underwriting to comment on the quarterly activity **Quarterly Landing** - Work with the local technical closing team to help prepare a quarterly landing summary file explaining the technical results for the period (US STAT/IFRS 17) - Compare the landing with the operating plan and provide insightful commentary - Update as needed throughout the quarter close Reoccurring Presentations - Assist in preparing the presentations for the Audit Committee and Board of Director’s meetings - Assist in preparing any external presentations including but not limited to regulators, rating agencies, and auditors **Financial Planning & Analysis** - Provide support for the annual strategic plan process, including reviewing assumptions and providing feedback - Maintain three-year statutory pro formas for all legal entities for capital management and tax projections **Local Solvency Planning and Monitoring** - Assist in projecting expected RBC for a three-year period - Assist in performing stress tests to assess ability to absorb adverse scenarios - Monitor capital adequacy and evaluate opportunities for potential transactions/capital repatriation ACCOUNTING ISSUES - Contribute to the maintenance of accounting records to ensure compliance with relevant accounting standards - Research and convey to the Finance team technical accounting issues that are identified OTHER - Assist with special projects and ad hoc requests outside the day-to-day operations - Assist with impromptu requests from CFO/Controllers in the Americas (Canada, Brazil, Argentina, etc.) to ensure the companies are aligned with finance directives from the Group and relevant information is shared in a timely manner **** ### Qualifications **Required experience & competencies** The candidate will possess a moderate degree of accounting and (re)insurance related knowledge and has foundational knowledge of International Financial Reporting Standards and Statutory Accounting Principles. - Professional Experience - Approximately 3-5 years of accounting or (re)insurance experience - Public accounting or advisory services a strong plus - Working knowledge of financial reporting standards, such as International Financial Reporting Standards (IFRS) and Statutory Accounting Principles (SAP) - Requi…