Job Description
As the Manager, Reinsurance Finance, you will be a pivotal leader, reporting directly to the AVP, Capital & Treasury Management. You will have full ownership of the accounting and finance functions for our reinsurance portfolio and play a crucial role in business integrations. You will work collaboratively across different teams including reinsurance placement, finance, actuarial, claims, personal, commercial, capital management & treasury, and external reinsurance brokers and reinsurers.
What To Expect
- Leadership & Strategy: Lead a team of three reinsurance specialists, guiding their work in financial reporting, collections, and analysis.
- Financial Stewardship: Oversee all month-end, quarter-end, and year-end financial and regulatory reporting for the reinsurance team.
- Operational Excellence: Drive the monthly billing and collections processes, ensuring accuracy and efficiency.
- Cross-Functional Collaboration: Act as the key financial liaison for new cross-border reinsurance activities, working with underwriting, claims, and actuarial teams.
- Process Improvement: Continuously analyze and improve our processes to enhance productivity and reduce cycle times.
- Key Project Integration: Serve as the financial integration lead for the significant Travelers Canada acquisition, managing financial reporting and claims integration.
What You Bring
We're looking for a motivated and detail-oriented leader who thrives in a collaborative environment.
- Education: A university or college degree in business, finance, or a related program.
- Designation: A professional accounting designation (e.g., CPA) is required.
- Experience: 7+ years of progressive experience in financial accounting and reporting, specifically within the P&C insurance and/or reinsurance industry.
- Technical Skills: Strong proficiency with Microsoft Office, especially Excel, PowerPoint, and Word.
- Leadership Qualities: Proven ability to communicate effectively with all levels of an organization, a strong work ethic, and a professional, courteous demeanor. You are flexible and can confidently manage time-sensitive requests.
Salary Range: $88,000 - $138,000
About Us
Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.
This position is being posted to fill an existing vacancy.
Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.
What’s in it for you?
- Hybrid work schedule for most roles
- Company share ownership program
- Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
Go ahead and expect a lot — you deserve it.
It’s better here — but don’t take our word for it. Definity was named by Great Place to Work ® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical.com.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#IND1
About The Team
Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.
