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Tech Finance Analyst (Fully Remote)

$80k - $90k per year

Reporting to the Director, Reinsurance Accounting, the Financial Analyst plays a key role in financial reporting, business analysis, and reinsurance accounting activities for Munich Re's North American entities. This position is responsible for supporting the financial close process, preparing management and profitability reporting, analyzing financial results, and driving process improvements through automation and technology solutions.

The successful candidate will work closely with Finance, Actuarial, Claims, Operations, and IT teams to deliver accurate financial information and meaningful business insights that support decision-making..

Reinsurance accounting and analysis:
Support the accounting and reporting of premiums, commissions, claims, and other reinsurance-related transactions.
Perform reconciliations, investigate variances, and help resolve financial reporting issues.
Assist with maintaining accounting controls and supporting governance requirements.
Monitor financial and operational results, identify trends, and support process improvements.
Help develop and document accounting and reporting processes for new business and contracts.
Support internal and external audits and respond to information requests.

Management reporting and analysis:
Prepare and analyze business performance reports for internal stakeholders.
Contribute to client profitability analysis and management reporting.
Support quarterly reporting processes, including premium estimates, claims estimates, and other client-related balances.
Perform ad hoc financial analysis to support business initiatives and decision-making.
Collaborate with teams across Pricing, Claims, Actuarial, Reinsurance Operations, and IT.

Financial Systems, Special Projects & Other
Participate in user testing for financial system upgrades and enhancements.
Assist with the implementation of new reporting and analytical tools.
Bachelor's degree in Accounting, Finance, Commerce, Business, or a related field.

  • 3+ years of accounting, financial reporting, or financial analysis experience.
  • Insurance or reinsurance industry experience is considered an asset.
  • Insurance-related coursework or certifications are considered an asset.
  • Advanced Excel skills with experience analyzing and reconciling financial data.
  • Strong proficiency in Microsoft Office applications.
  • Experience with Oracle, Power BI, SQL, or PSQL is considered an asset.
  • Continuous improvement mindset with an interest in automation and process optimization.
  • Excellent communication and relationship-building skills with the ability to work effectively across teams.

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

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

A hybrid work environment that combines weekly in-office and remote days
A great compensation package including annual company bonus
Market leading company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Maternity, Parental & Adoption Leave top-up program
Our base salary range for this role is between $80,000 and $90,000 per year , plus an opportunity for an annual company bonus based upon a percentage of eligible pay. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St , and we operate in a hybrid work model. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact View email address on careers.munichre.com.

Vacancy posted 7 days ago
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