Senior Accountant - Financial Reporting

HSB Canada, part of Munich Re, is Canada's premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering-based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks.

We dare to think big, and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.

Reporting to the AVP
- Financial Reporting, the Senior Accountant plays a pivotal role in providing expertise in areas of: financial reporting under US GAAP, IFRS, regulatory compliance, and support for periodic regulatory filings. This role will be well-suited to a business-minded, dynamic CPA holder with strong experience in the insurance industry, and its related regulatory requirements.

Financial Reporting, including oversight for preparation of:

• Monthly financial reporting package for US parent company
• Monthly financial reporting package for Canadian management team
• Key materials for quarterly Board of Directors meetings

Financial analysis, reconciliation and quality control of:

• Contingent profit commission calculations
• Monthly financial reporting packages / dashboard
• Monthly US GAAP reporting package
• Reconciliation of policy administration system data to financial results

Collaboration with internal teams:

• Distribution, Claims, Actuarial, and functional areas
• Regulatory Reporting - provision of IFRS results for OSFI filings
• Collaboration with Canadian, US and European affiliates for internal reporting

External Audit support, including:

• Preparation of key IFRS / GAAP schedules for annual audited financial statements

Other support, including:

• Coaching, mentoring and development of team members
• Ad hoc requests from management

• Bachelor of Accounting or equivalent from an accredited university
• Recognized accounting designation, preferably Chartered Professional Accountant
• 5+ years of accounting experience in the insurance industry, preferably in property & casualty
• Thorough understanding of US GAAP and IFRS, ideally IFRS 17
• Experience with Infor Sun Financial Systems, SAP, and Power BI, would be considered an asset
• Strong analytical and accounting skills
• Excellent verbal, and written communication and interpersonal skills
• Ability to prioritize tasks and manage multiple priorities in a deadline-driven environment

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.

• An engaging and collaborative environment that promotes continuous learning and development
• A hybrid work environment that combines weekly in-office and remote days
• A great compensation package including an annual company bonus
• Competitive company-paid flexible health and dental benefits, starting on your first day
• Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
• Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
• Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
• Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
• Learning and development programs and resources, including unlimited access to Linked In Learning, Education Assistance Program, and reimbursement for professional fees
• Employee Referral Program and Recognition Program