Senior Financial Analyst
Company: Munich Re
Location: Toronto, Ontario
Type: Full-time
Posted: 2026-08-01
About this role
Position Overview
Reporting directly to the Director, Reinsurance Accounting in Canada this position leads the preparation and presentation of management results and client profitability analysis in addition to leading the timely and accurate financial statement close process for the North American legal entities.
The position also supports various projects involving process automation, financial system enhancements, the implementation of new reporting and analytical tools, and various process improvement initiatives.
Your Role:
Reinsurance accounting and analysis:
- Lead key financial processes involving material financial transactions reflecting premiums, commissions and other cash flows in a timely and accurate manner.
- Monitor client data, perform financial reconciliations and resolve transactional and reporting matters on a timely and effective basis.
- Prepare complex profit commission reporting to ensure timely and accurate client settlements. Serve as a single point of contact to various internal key stakeholders.
- Ensure appropriate control design and performance of key accounting controls to achieve an effective and efficient control framework.
- Manage key performance indicators and lead the investigation efforts on resolving issues and recommend process improvements.
- Design and implement new accounting and reporting processes to accommodate new account and/or new contract set ups to support both client and external reporting requirements.
- Prepare/update process documentation for significant complex processes and significant accounting transactions to support the overall governance framework in the accounting department.
- Partner with cross-functional groups to address financial operational topics within the scope of accounting and reporting. Support external and internal audits.
Management reporting and analysis:
- Manages the production of business line reports efficiently to satisfy needs of internal stakeholders.
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