Senior Accountant

Job summary

Responsible for managing accounting entries for treaties and facultative insurance, including processing terms and conditions and managing cashflow. The role involves performing internal controls, monitoring client accounts, and ensuring compliance with sanctions and embargos.

Job details

SETUP: hybrid, 3 days/week in office, 2 days remote. Office is downtown Toronto START DATE: End of September CONTRACT: 6 months, chance for extension + permanent Key duties and responsibilities Responsible for entries (treaties and/or facultative) in the Accounting and Underwriting system/platforms and all further modifications Enter T&C (Terms and Conditions) into the accounting system with accuracy. Check contractual T&C (Terms and Conditions), submit them to Underwriters for signature and draw their attention in case of ambiguities or changes, Check and process of accounts and claims advices, Clarify discrepancies of accounts and claims with underwriters/ claim experts/ cedents/brokers Manage independently his/her own portfolio of accounts Resolve problems following prescribed guidelines or procedures Proactively seeks advice for new issues and suggest solutions Manage cashflow including setting-up of client bank accounts in the accounting system, processing of outgoing/incoming payments and follow up on pending payments and open balances, Perform ICS controls (Internal Control System) according to relevant guidelines and pro-actively support Underwriters in the performance of these controls, Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics, Ensure compliance with sanctions and embargos by scanning respective lists and forward to Underwriter/Legal for further investigation if needed, Ensure completeness and proper filing of underwriting, accounting and claims documentation DMS (Document Management System) Maintain good communication with clients by attending internal and external meetings and workshops as required. Be accountable for internal and external audit purposes. Qualifications 3+ years' of accounting experience Experience in the Insurance industry is a must Enrollment or completion of an accounting designation is an asset JOB ID: 303771

What you’ll do

Responsible for managing accounting entries for treaties and facultative insurance, including processing terms and conditions and managing cashflow. The role involves performing internal controls, monitoring client accounts, and ensuring compliance with sanctions and embargos.

Requirements

Requires over 3 years of accounting experience with a mandatory background in the insurance industry. An accounting designation is considered an asset.

Listed skills

• Financial Reporting · Preferred
• Data analysis · Preferred
• Accounting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Accounting
• Insurance Accounting
• Cashflow Management
• Data Analysis
• Internal Control System
• Compliance Monitoring
• Account Reconciliation
• Document Management
• Financial Reporting
• Portfolio Management

Job areas

• Finance & Accounting