Senior Financial Analyst

Finance plays a critical role in empowering our business leaders by providing performance insights, analytics, planning, and decision support to help steer the business and drive commercial outcomes. The Financial Planning & Analysis (FP&A) function is a key part of this mission and offers an opportunity to make a meaningful impact. 

This role primarily supports the Latin America market, while also providing support to other countries and regions as business needs arise. 

About the Role

We need a team member who can develop a deep understanding of the business to enable them to identify and communicate the drivers of financial performance and producing a financial Plan that reflects the businesses strategic ambition. This person will be pragmatic, someone able to extract information from the finance systems, work with colleagues from across Swiss Re, find solutions and communicate answers clearly. 

Performance and analytics: 

• Detailed understanding of the drivers of financial results in each quarter, gained through the building positive relationships across client markets, reporting and controlling and actuarial/pricing functions and actuarial/pricing functions 

• Ensure timely and accurate analysis and submissions of financial performance to senior stakeholders (pipeline information, dashboards, quarterly performance report, etc.) 

• Working across functions to answer ad-hoc requests and present to management 

New Business Close Process and Business Plan: 

• Work closely with BU FP&A team to support and develop requirements on New Business projection and business plan. 

• Facilitate change activities as required for IFRS-17 performance reporting, by having full understanding on the flow of the end-to-end business and finance operations, ledger closing and financial reporting (e.g., New Business and Business Plan). 

• Involved in the analysis of business results and outputs from the reporting system, ensuring consistent valuation is observed as compared to the business plan and costing. 

• Drive the business input into IFRS-17 KPI and business plan development and be the connection point between Finance Americas and BU L&H team. 

Business Steering: 

• Support the Latin American team in commercial decision making and a finance partner in strategic discussions 

• Provide insights into the financial impact of transactions and other actions 

About the Team 

The team falls within the broader mandate of FP&A Americas Life & Health (L&H) Re and supports the Latin American portfolio. This makes it the go-to function for the region for all questions regarding performance management, financial steering and reporting and provides advisory on growth initiatives, transactions, and other business priorities. The team is part of Finance L&H Re and works closely with client managers, other teams in Finance and the wider Swiss Re organization. Our diverse team consists of members based in Armonk, Kansas City and Toronto. 

About You 

The ideal candidate has outstanding analytical skills and commercial approach and is keen to develop convincing storylines. You have high degree of curiosity and flexibility and are able to prioritize and deliver results within time constraints. Your excellent interpersonal skills will enable you to interact with all levels of the organization. 

• A background that will include elements of Mathematics, financial modelling, actuarial sciences and finance. 

• 3-5 years of relevant work experience (2+ years in insurance), good knowledge of insurance/reinsurance business and performance drivers 

• Solid understanding of multi-valuation concepts, in particular IFRS 17/9 

• Excellent verbal, written and presentation skills  

• Strong computing and data management skills, knowledge of multiple financial systems and programming languages are considered a plus 

The base salary hiring range for this existing position located in Toronto is CAD $90,000 to $115,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.  At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.