Permanent Full Time
Reporting to the Manager of Reinsurance Reporting, the Reporting Specialist provides reporting services for Traditional Life Reinsurance business for Canada Life, Canada Life Re Ireland, Canada Life Barbados and Empower Life. The role focuses on providing reporting and account reconciliation support to operational areas including Senior Management, Finance, Claims and Administration. Collaborating with teams to ensure understanding of reporting needs. Ensuring timely and accurate delivery of reports and reconciliations monthly, quarterly, and annually.
What you will do:
Collect and consolidate data from multiple sources, ensuring data integrity and accuracy.
Generate system and ad-hoc reporting, review, prepare and distribute.
Ensure the accuracy and integrity of data used in reports by completing data validation processes and following appropriate controls.
Prepare monthly reconciliations to SAP (FPSL), related to source system accounts. Review and sign-off completed by the Manager of Reinsurance Reporting.
Prepare SAP (FPSL) general ledger entries related to premiums, claims, allowances, etc., and analyze account information. Review and sign-off completed by the Manager of Reinsurance Reporting.
Assist in collection of year-end NAIC & Statutory reporting.
Assist in Internal Re reconciliation support.
Compile and create large data files and queries from data/client transactions.
Optimize reporting processes by identifying inefficiencies and bringing forth solutions to streamline data collection, analysis, and distribution.
Understand the risks associated with each report.
Investigate reporting issues or discrepancies, working closely with the Manager of Reinsurance Reporting to resolve technical problems.
Maintain procedural documentation, including data sources, methodologies, and report schedules.
What you will bring:
Post-secondary degree or equivalent; preferably in Accounting, Finance, or Business Administration.
Accounting and SAP knowledge is preferred.
Industry related courses (LOMA, FLMI, ARA, ACS), and/or equivalent level of insurance/Reinsurance experience.
Proven knowledge in business operations/administration.
Microsoft Office skills, proficient in Access and Excel; pivot tables, formatting, developing queries and merging large data sets.
High attention to details and desire to produce quality work.
Ability to work independently and exercising sound judgement in escalation.
Self-motivated, ability to prioritize, multi-task and meet tight deadlines.
The base salary for this position is between $49,100 - $ 81,800 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.
Be your best at Canada Life- Apply today!
Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.
You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.
Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.
Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.
We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
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