New job at Wawanesa Insurance (via |

Manager, Investment Accounting

July 29 2020
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Financing, Investment, Merger & Acquisition
Winnipeg, MB

Wawanesa Mutual Insurance is one of the largest property and casualty insurers in Canada with $3 billion in annual revenues and assets of more than $9 billion. Wawanesa Mutual, founded in 1896 with executive offices in Winnipeg, is the parent company of Wawanesa General, which offers property and casualty insurance in California and Oregon, and Wawanesa Life, which distributes life insurance products and services throughout Canada. With over 3,500 employees, Wawanesa proudly serves over two million policyholders through nine regional offices and 41 service offices in Canada and the United States. Wawanesa actively gives back to organizations that strengthen communities where it operates, donating well above internationally recognized benchmarks for excellence in corporate philanthropy.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience, advancement on a growing team.

Job Overview

The Manager, Investment Accounting is responsible for leading investment accounting staff and delivering investment accounting and reporting. They support investment policy by researching the accounting and tax impact of upcoming and potential changes.

Job Responsibilities

  • Reviews and delivers the consolidated investment accounting, tax, regulatory reporting, and reporting to rating agencies for The Wawanesa Mutual Insurance Company.
  • Reviews and delivers financial statements of the pension plans for The Wawanesa Mutual Insurance Company and Wawanesa General Insurance Company. Coordinates with the auditors and actuaries of the pension plans to ensure completion and filing of the statements.
  • Leads investment accounting staff.
  • Supports company investment policy by researching the accounting and tax impact of potential changes.
  • Researches, and prepares position papers on changing accounting and regulatory standards.
  • Develops and implements changes to investment accounting systems and processes resulting from policy, regulatory, or accounting standard changes.
  • Drafts new financial statement note disclosures required for investments and pension plans.
  • Maintains effective internal controls over the financial reporting of the company’s investments and pension plans.
  • Perform other duties as assigned.

  • Post-secondary degree and professional accounting designation (CPA or equivalent).
  • Completion of one or more levels of the CFA Charter or interest in pursuing the CFA charter would be an asset.
  • Minimum 7 years of accounting experience with increasing responsibilities, including supervisory responsibilities.
  • Excellent leadership skills with ability to build and develop strong teams, gain respect, credibility and confidence from others.
  • Excellent interpersonal, presentation and communication skills with the ability to effectively convey complex ideas in a simple, persuasive and eloquent manner
  • Demonstrated ability to deliver quality work in a fast-paced environment within tight timelines.
  • Knowledge of IFRS and demonstrated ability to analyze the impact of changing accounting standards.
  • Proficient in the use of MS Excel.
  • Effective team player who possesses strong problem solving and analytical skills.
  • Previous experience in a financial reporting, investment accounting, hedge accounting, investment operations, knowledge of IFRS 9, are assets.

Wawanesa provides its employees with a respectful, challenging and rewarding environment where they can maximize their potential while contributing to the company’s goals. Our employees are provided with highly competitive compensation packages (salaries, generous vacation allowance, leave top up, goal achievement plan, premium free benefits and a pension plan). Wawanesa provides a stable and rewarding environment for its employees in today’s challenging markets.

If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.

Accommodations are available as needed for all applicants.

Apply now!