Manager, Life & Health Reporting and Consolidation

PartnerRe - Toronto, ON (30+ days ago)

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We currently have a newly created position for an L&H Reporting Consolidation Lead to join our finance team here in the Toronto Office. Within this role you will become well versed in all functions of the PartnerRe parts of the life and health business from a global perspective.

Who will this position suit?

The ideal person will have previous professional experience of working in the insurance/reinsurance business. You will have in-depth accounting and management reporting knowledge and excellent interpersonal skills, you will be a very proactive individual who enjoys getting the job done.

Duties include:
Consolidated Financial Reporting and Analysis of quarterly financial results for L&H business units, communicate with local Reporting and Analysis teams. Prepare commentary on results for PartnerRe Group. Ensure consistency of processes among L&H reporting Business Units. Coordinate with Corporate Actuarial on actuarial analysis and commentary.
Consolidate and Co-ordinate annual business plan process (production and financial), as necessary for the Life & Health business units to meet PartnerRe Group deadlines. Coordinate with Corporate actuarial on capital planning forecasts (legal entity, GCM and S&P).
Identify and actively respond to business changes and implement technical and process changes as appropriate. Lead consolidated Management Information reporting improvements (production, cash flow analysis, Source of Earnings, reserve/DAC roll-forward) and implementation.
Awareness of capital solvency in compliance with local regulation for the L&H entities.
Develop and co-ordinate internal financial and non-financial information for local Business leader(s), including business activities report and ops review.
Interface with External Reporting and ensure US and Canadian life reinsurance entities’ results are reported as required, coordinating accounting policy for the local entities with PartnerRe Group policy and auditors.
Support business needs of L&H business (Business Leader, CFOO, Pricing/Underwriting etc.)
Various other duties and responsibilities.

About you

Reporting to the Head of Financial Reporting and Analysis. You will have the following key skills

Professional Accounting designation.
10+ years of experience within life insurance/reinsurance industry with material exposure to IFRS and US GAAP reporting. Knowledge of Bermuda regulatory standards and Solvency II is an asset.
Exposure to complex entity structures, with multicurrency reporting, multiple entities, consolidations, and multiple accounting bases for the same entity.
Demonstrated ability to adapt to a fast paced environment and willing to rise to new challenges.
Ability to handle multiple assignments.
Demonstrated analytical, problem-identification and resolution skills.

What can we offer you

PartnerRe is a leading global reinsurer that was established in 1993, in the aftermath of Hurricane Andrew, to bring much-needed capacity to a market in crisis, helping insurers to provide continuity to their clients. Though we have evolved continuously throughout the years, our purpose remains the same: to help insurance companies succeed.

We are a global and culturally diverse team of more than 1,000 talented professionals spread across 20 locations. Our size ensures that we are big enough to matter and be relevant to our clients and brokers, but small enough that you will quickly get to know all of the colleagues that you will be collaborating with. More importantly, PartnerRe is a company where you can make a real impact and get a true sense of the contribution you make to the company′s success and results.

Our culture is based on trust, responsibility, openness, and initiative, and we pride ourselves on delivering the best possible reinsurance solutions for our clients. We are always looking for bright, proactive people with expert knowledge skills, and integrity to join our international teams

PartnerRe Toronto:
The Toronto office was established in 2018 in the heart of Canada’s financial centre and is steadily growing. Our location offers a rich choice of business services, cuisines, fitness and entertainment options. There are currently 80 staff located in the Toronto office. The staff work in an open concept environment, enabling individuals to interact professionally. We collaborate across locations in multicultural international teams. Our business specialists look after Property & Casualty, Specialty and Lifelines of Business with the support of different functions, such as “Actuarial, Risk Management, Reinsurance Accounting, Claims, IT, Legal, Audit and HR”.