Manager, Internal Reporting - Global Reinsurance

Manager, Internal Reporting – Global Reinsurance

Department : Global Reinsurance

Location: Toronto, ON

Reports To : Vice President, Global Reinsurance Operations

Company Overview

Liberty Mutual Canada (“LM Canada”) is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 300 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Toronto, Montreal, and Halifax.

At LM Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. At LM Canada, our values are to foster a high-performing, equitable and inclusive culture where the best talent of all backgrounds can bring their whole selves to work and succeed.

If you don’t meet every listed requirement, we still encourage you to apply. We welcome diverse backgrounds and perspectives that can strengthen our team.

Our core values guide all our decision-making and come to life through our benefits and employee programs. We offer:

• A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.
• Competitive health & dental benefits plan
• Market-leading pension plan
• Competitive time off policy
• External education & tuition reimbursement programs
• Employee & Family Assistance Programs
• An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion.

The Opportunity

:

Reporting to the VP, Global Reinsurance, the Manager, Internal Reporting will lead a high-performing team responsible for all financial aspects of internal and external reinsurance reporting. You will work closely with key stakeholders across Finance, Actuarial, and Claims, as well as maintain strong relationships with external brokers and reinsurers.

Our team serves as the reinsurance function for North America (U.S. operations), with accountability for bookings, planning, and P&L reporting. Key responsibilities include cession reporting, broker and reinsurer coordination, cash calls, cash settlements, and managing processes such as ARDs, RECs, and manual journal entries. The team also supports financial planning activities and oversees collateral management for legacy Liberty International Underwriters portfolios, including North America (U.S. and Canada), Australia, and LMIE.

In this role, you will have the opportunity to make a meaningful impact by driving operational excellence, strengthening financial reporting processes, and contributing to the overall success of the organization.

Responsibilities

:

• Lead the preparation and delivery of internal and external reinsurance reporting on a monthly, quarterly, and annual basis.
• Ensure all regulatory reporting requirements and compliance standards are met consistently and accurately.
• Analyze financial performance against plan and prior periods, providing insightful monthly commentary on key variances and trends.
• Build and maintain strong relationships with reinsurance partners and brokers to support placement renewals and ongoing post-placement activities.
• Recruit, develop, coach, and evaluate team members, including performance management and compensation recommendations.
• Oversee the North America reinsurance portfolio, including bordereaux reporting, cash calls, cash settlements, account reconciliations, manual journal entries, and planning activities.
• Set clear departmental objectives, communicate expectations effectively, and ensure delivery in line with accounting controls and established timelines.
• Leverage technology, cross-functional teams, and internal resources to execute complex accounting initiatives and drive process improvements.
• Contribute subject matter expertise to enterprise-wide projects, providing technical accounting guidance and support.
• Research and resolve complex accounting issues, ensuring alignment with applicable standards and internal policies.
• Prepare and deliver presentations to senior management, clearly summarizing findings, insights, and recommendations.
• Lead cross-functional projects, establish timelines, prioritizing deliverables, and ensuring successful execution.
• Foster strong collaboration and communication across departments to support accurate and timely outcomes.

Skills & Qualifications

• Minimum 5+ years of reinsurance or insurance / financial services accounting experience; prior people leadership or supervisory experience is an asset
• Strong ability to work with large, complex data sets and translate insights into meaningful business recommendations
• Advanced proficiency in MS Excel (pivot tables, formulas, data analysis); experience with MS Access, SAP, Essbase, or similar financial systems
• Experience with automated accounting, consolidation, and reporting systems, with a focus on process efficiency and data integrity
• Demonstrated ability to lead end-to-end problem solving, from analysis through to implementation of solutions
• Excellent communication and presentation skills, with the ability to convey complex financial information clearly to both technical and non-technical stakeholders
• High level of accuracy and attention to detail, with strong organizational and prioritization skills
• Proven interpersonal and leadership capabilities, with a focus on team development, engagement, and performance management
• Strong analytical thinking, problem-solving, and technical accounting expertise (IFRS or US GAAP preferred)
• Ability to manage multiple priorities and deadlines in a fast-paced, dynamic environment

Additional Preferred Qualifications:

• Professional accounting designation (CPA or equivalent), or in progress
• Reinsurance accounting - exposure to cessions, bordereaux reporting, and recoverables
• Familiarity with financial planning, forecasting and P&L analysis within insurance
• Experience working cross-functionally with actuarial, claims, underwriting, and finance teams
• Continuous improvement mindset, with experience driving process enhancements or system implementations

Liberty Mutual Canada is committed to pay transparency and fair, equitable hiring. For roles based in Ontario and British Columbia we publish a Target Hiring Range in compliance with the Ontario Pay Transparency Act and the BC Pay Transparency Act.

This posting is for an active, current vacancy.

Target Hiring Range: CAD $120,000 – 150,000

This range represents the expected annual base salary for this role, however, offers above the published maximum may be approved with appropriate business authorization. Final offers will be determined based on each candidate's qualifications, relevant experience, internal equity, and the needs of the role. The posted range does not include variable compensation (bonus), allowances, or benefits. We encourage all qualified candidates to apply.

We do not use AI‑based screening tools in our hiring process. Candidates who complete an interview and remain under consideration may request, and will receive, feedback within 45 days.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.