Senior Financial Analyst ~ Insurance Program

## Senior Financial Analyst ~ Insurance Program Apply locations:
Toronto, Ontario time type:
Full time posted on:
Posted Todayjob requisition :
R2051474
** Location
* * Brookfield Place - 181 Bay Street
** Our Company
** At Brookfield Properties, the foundation of our success is firmly rooted in our people.

Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity.

Our teams operate an iconic portfolio of irreplaceable properties within the world’s most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management.
** Job Description**#
** We Are Brookfield Properties:
** Brookfield Properties manages real estate around the globe and prioritizes making a positive impact in the communities where we operate. We are dedicated to implementing sustainable solutions that reduce environmental impact while collaborating with our partners, tenants and local neighborhoods to bring our properties to life.

We are seeking a motivated and detail-oriented Senior Financial Analyst – Financial Operations to join our Brookfield Properties Corporate team. The Senior Financial Analyst will be a key member of the Financial Operations (Fin Ops) team within Brookfield Real Estate Corporate Operations and will support the financial oversight of the Consolidated Insurance Program. The Insurance Program manages insurance coverage for real estate assets owned or managed by Brookfield.

The Senior Financial Analyst will contribute to financial and management reporting, liquidity management, financial operations, and allocations related to the Insurance Program, while partnering closely with Risk Management, Tax, Legal, and Sector Finance teams. The role will support the Senior Director, Insurance Program, in the day-to-day financial oversight and administration of the Consolidated Insurance Program. This position requires strong analytical capabilities, attention to detail, and the ability to operate effectively in a complex, multi-entity environment while managing multiple priorities and deadlines.#

** Role & Responsibilities:
**** Insurance Allocations
*** Assist the Senior Director and Risk Management team in the management of annual allocations for key insurance programs, including validating cost inputs and assumptions, performing reconciliations and variance analysis, and supporting scenario analysis and allocation reporting
* Manage quarterly and off-cycle premium adjustments related to asset acquisitions and dispositions
* Support the ongoing refinement and automation of allocation methodologies in partnership with Risk Management
* Support the preparation of reporting, analyses, and presentations related to insurance program costs, allocation results, and key allocation drivers
** Liquidity Management and Financial Operations
*** Maintain cash flow forecasts for expected premium collections and expenditures, and monitor liquidity across the insurance program and related legal entities
* Support Sector Finance teams in budgeting and liquidity forecasting related to insurance costs
* Track and monitor letters of credit (LOCs), intercompany funding arrangements, loans, and investment balances related to the Insurance Program
* Execute billing and collections processes related to insurance premiums
* Process vendor payments and manage operational cash flows
* Track third-party claims payments and ensure timely remittance to properties
* Support process improvement and automation initiatives to enhance the efficiency and accuracy of insurance financial operations and reporting
** Financial and Management Reporting
*** Support the preparation and review of financial statements for captive insurance legal entities, including quarterly and annual reporting packages for Brookfield’s consolidated financial reporting
*…