Manager, Internal Reporting - Global ReinsuranceDepartment: Global Reinsurance
Location: Toronto, ON
ReportsTo: Vice President, Global Reinsurance Operations
The Opportunity:Reporting to the VP, Global Reinsurance, the
Manager, Internal Reporting will lead a high-performing team responsible for all financial aspects of internal and external reinsurance reporting. You will work closely with key stakeholders across Finance, Actuarial, and Claims, as well as maintain strong relationships with external brokers and reinsurers.
Our team serves as the reinsurance function for North America (U.S. operations), with accountability for bookings, planning, and P&L reporting. Key responsibilities include cession reporting, broker and reinsurer coordination, cash calls, cash settlements, and managing processes such as ARDs, RECs, and manual journal entries. The team also supports financial planning activities and oversees collateral management for legacy Liberty International Underwriters portfolios, including North America (U.S. and Canada), Australia, and LMIE.
In this role, you will have the opportunity to make a meaningful impact by driving operational excellence, strengthening financial reporting processes, and contributing to the overall success of the organization.
Responsibilities:- Lead the preparation and delivery of internal and external reinsurance reporting on a monthly, quarterly, and annual basis.
- Ensure all regulatory reporting requirements and compliance standards are met consistently and accurately.
- Analyze financial performance against plan and prior periods, providing insightful monthly commentary on key variances and trends.
- Build and maintain strong relationships with reinsurance partners and brokers to support placement renewals and ongoing post-placement activities.
- Recruit, develop, coach, and evaluate team members, including performance management and compensation recommendations.
- Oversee the North America reinsurance portfolio, including bordereaux reporting, cash calls, cash settlements, account reconciliations, manual journal entries, and planning activities.
- Set clear departmental objectives, communicate expectations effectively, and ensure delivery in line with accounting controls and established timelines.
- Leverage technology, cross-functional teams, and internal resources to execute complex accounting initiatives and drive process improvements.
- Contribute subject matter expertise to enterprise-wide projects, providing technical accounting guidance and support.
- Research and resolve complex accounting issues, ensuring alignment with applicable standards and internal policies.
- Prepare and deliver presentations to senior management, clearly summarizing findings, insights, and recommendations.
- Lead cross-functional projects, establish timelines, prioritizing deliverables, and ensuring successful execution.
- Foster strong collaboration and communication across departments to support accurate and timely outcomes.
Skills & Qualifications:- Minimum 5+ years of reinsurance or insurance / financial services accounting experience; prior people leadership or supervisory experience is an asset
- Strong ability to work with large, complex data sets and translate insights into meaningful business recommendations
- Advanced proficiency in MS Excel (pivot tables, formulas, data analysis); experience with MS Access, SAP, Essbase, or similar financial systems
- Experience with automated accounting, consolidation, and reporting systems, with a focus on process efficiency and data integrity
- Demonstrated ability to lead end-to-end problem solving, from analysis through to implementation of solutions
- Excellent communication and presentation skills, with the ability to convey complex financial information clearly to both technical and non-technical stakeholders
- High level of accuracy and attention to detail, with strong organizational and prioritization skills
- Proven interpersonal and leadership capabilities, with a focus on team development, engagement, and performance management
- Strong analytical thinking, problem-solving, and technical accounting expertise (IFRS or US GAAP preferred)
- Ability to manage multiple priorities and deadlines in a fast-paced, dynamic environment
Additional Preferred Qualifications:- Professional accounting designation (CPA or equivalent), or in progress
- Reinsurance accounting - exposure to cessions, bordereaux reporting, and recoverables
- Familiarity with financial planning, forecasting and P&L analysis within insurance
- Experience working cross-functionally with actuarial, claims, underwriting, and finance teams
- Continuous improvement mindset, with experience driving process enhancements or system implementations
Liberty Mutual Canada is committed to pay transparency and fair, equitable hiring. For roles based in Ontario and British Columbia we publish a Target Hiring Range in compliance with the Ontario Pay Transparency Act and the BC Pay Transparency Act.
This posting is for an active, current vacancy.
Target Hiring Range: CAD $120,000 - 150,000
This range represents the expected annual base salary for this role, however, offers above the published maximum may be approved with appropriate business authorization. Final offers will be determined based on each candidate's qualifications, relevant experience, internal equity, and the needs of the role. The posted range does not include variable compensation (bonus), allowances, or benefits. We encourage all qualified candidates to apply.
We do not use AI-based screening tools in our hiring process. Candidates who complete an interview and remain under consideration may request, and will receive, feedback within 45 days.