Senior Accountant - Technical Accounting

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.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit: https://www.hsb.ca

Primary Objectives:

Reporting to the Manager-Technical Accounting, the Senior Accountant plays a pivotal role in providing expertise in areas of financial reporting under US GAAP, IFRS 17, 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 specific experience with IFRS 17 and other regulatory requirements.

Job Responsibilities:

• Financial analysis, reconciliation, and quality control, including:

• • Reviewing quarterly IFRS data package and reconciliation to policy management system data and US GAAP results

• Financial Reporting, including:

• • Preparation of quarterly and annual reports for parent companies and local regulatory, ensuring consistency across reporting standards
  • Key materials for quarterly Board of Directors meetings
• Collaboration with internal teams:
  • Regulatory Reporting - provision of IFRS 17 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:
  • Support for planning and implementing changes in Accounting and regulatory standards
  • Researching/analyzing the accounting impact of new transactions or business initiatives, including technical accounting papers
  • Coaching, mentoring and development of team members on technical matters

Qualifications:

• 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
• Thorough understanding of US GAAP and IFRS17
• 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

Creating and maintaining a work environment that promotes respect, diversity and dignity is important to us. We strive for equality in our workplace, to eliminate employment barriers, and promote a workplace based on principles which align with our company values and promote positive employee practices. Candidates requiring accommodation during any stage of our selection process should advise us of this; we will strive to work with individuals to find a suitable means to meet their needs.

We thank all candidates for their interest; however only those selected for interview will be contacted.