Senior Reinsurance Financial Analyst

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

Reporting to the Reinsurance Financial Manager, you will be responsible for team workflow, governance, financial and performance analysis, resolving complex issues, and providing technical training. You'll also collaborate with cross-departmental partners and act as a subject matter expert for governance and analytics relating to reinsurance operations.

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

Zurich follows a hybrid work model requiring three days per week of in-person presence, which may include time in the office or market-facing engagements.

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), 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 transactional oversight responsibilities for team and vendor governance and oversight functions.
• Collaborate on project management efforts of cross-departmental initiatives.
• Act as a subject matter expert on the relationship between team workflows, key control elements, and administration of governance functions, along with dependencies and outputs from Group Reinsurance processing.
• Provide complex reporting analysis to resolve issues and inquiries using data query tools, including Business Objects.

Job Qualifications - What you bring to the table

Required:
• Bachelor's 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, or CTP designation(s)
• Advanced knowledge of reinsurance contracts
• Advanced knowledge of reinsurance claim recoverable processes and their link to direct claim processing
• Intermediate to advanced Microsoft Office skills
• Technology experience with one or more of the following: general ledger, financial reporting systems, Business Objects or other query tools
• Strong verbal and written communication skills

At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The salary range for this position is $75,000 - $119,000. This range reflects the expected pay for the role across Canada and may vary depending on factors like office location, specific responsibilities, and individual qualifications. As required by local law, Zurich provides in good faith a reasonable compensation range, but starting salaries may exceed this range based on a candidate's skills and experience.

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