Ziris Coordinator/senior Reinsurance Financial Analyst

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

If you have experience in Reinsurance and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for a Senior Reinsurance Financial Analyst to handle complex reinsurance transactions, ensuring compliance with terms and conditions of the reinsurance agreements, proper accounting methodology, and departmental standard operating procedures.

Reporting to the Financial Controller, you will be responsible for team workflow, governance, financial and performance analysis, complex issue resolution, and technical training.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a Hybrid role.

What you will do -

• Analyze and apply proper accounting and operational procedures for complex reinsurance contracts.
• Provide direction and/or perform proper calculations, recording, accounting, reporting, and settlement of complex reinsurance transactions.
• Handle reinsurance claims of medium to high complexity as needed.
• Provide or perform 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, etc.), 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 individual transactional oversight responsibilities for team and vendor governance and oversight function.
• Collaborate on project management efforts of cross-departmental initiatives.
• Act as a subject matter expert with respect to the relationship between team work-flows, key control elements, and administration of governance function, along with key dependencies and outputs created outside of Group Reinsurance processing. Provide complex reporting analysis to resolve issues and inquiries through data query tools, including Business Objects.

Job Qualifications

What you bring to the table:

Required:

• Bachelors Degree in Accounting or Finance and 6 or more years of experience in the Reinsurance area within the Insurance industry.

OR

• High School Diploma or Equivalent and 8 or more years of experience in the Reinsurance area within the Insurance industry.

Preferred:

• CPA
• CPCU
• CFA
• CTP
• Advanced knowledge of reinsurance contracts.
• Advanced knowledge of reinsurance claim recoverable process and link to direct claim processing.
• Intermediate to advanced Microsoft Office skills.
• Technology experience related to one or more of the following areas: General ledger, financial reporting systems, Business Objects or other query tools.
• Strong verbal and written communication skills.

Our Culture

At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DEIB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.

We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.

We care about our employees' well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.

We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.

We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.

We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.

We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.

We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto's Top Employers and to have received Insurance Business Canada's 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals' first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.