Senior Financial Reporting Analyst

at  Aviva

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.
Come join our team!
Aviva Canada looking for a Senior Financial Reporting Analyst interested in joining the Reinsurance team within the Finance department. The applicant will work in a dynamic environment and will gain exposure across financial and regulatory reporting, audit support and reinsurance disciplines. A successful candidate must have the following:

What You’ll Do:

• Assist in preparation of financial statements and regulatory reports, P&C1 Reporting / schedules and timely filing to our Regulator working with Manager of Reinsurance.
• Provide internal and external audit support.
• Support month-end processes and prepare financial reporting packages.
• Analyze and set up reinsurance accounting processes for Aviva’s reinsurance businesses alongside Manager of Reinsurance.
• Review, reconcile and post accounting journal entries to record the financial impacts of the relevant reinsurance agreements.
• Prepare balance sheet reconciliations, account aging reports and other ad-hoc reports.
• Prepare trend analysis on proportional reinsurance treaties.
• Prepare and submit manual ceded loss development data to Actuary for IBNR purposes.
• Support enhancements to internal process improvements.
• Take part in cross training of other analysts in our Reinsurance team. Participate in reinsurance projects as assigned.
• Ability to work independently and collaboratively with other divisions and functions.

What You’ll Bring:

• A University degree with a business / accounting major or a college diploma in business / accounting major. Professional accounting close to completing or completed designation: CPA, CA or equivalent.
• A minimum of 2 years of financial reporting experience following OFSI requirements and standards. Experience in financial accounting process and knowledge in preparation of financial statements and regulatory returns.
• Ability to work optimally with others in building team relations.
• Good written and verbal communication skills required.
• Strong analytical skills in resolving discrepancies. Detail oriented and methodical. Accurate in analysis of invoices and preparation of financial reports and schedules.
• Effective time management and organization skills to promptly meet timelines and incorporate work assignments.
• Knowledge in interpreting reinsurance agreements and enforcing the application of the terms of the agreement is a plus.
• Computer proficiency in Microsoft Word, Excel are required. Solid understanding of Oracle General Ledger desired. Proficiency in PBCS/Blackline/MINDs/Qlik would be considered an asset.

What You’ll Get:

• The salary band for this position ranges from $54,500 - $101,100. Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity.
• Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• Outstanding Career Development opportunities.
• We’ll support your professional development education.
• Competitive vacation package with the option to purchase 5 extra days off per year
• Employee driven programs passionate about gender, LGBTQ+, origins, diversity and inclusion
• Corporate wellness programs to support our employees’ physical and mental health
• Hybrid flexible work model

Please note that we may use AI tools to help us through the recruitment process. This is a new position which has been posted both internally & externally.
Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada

• Assist in preparation of financial statements and regulatory reports, P&C1 Reporting / schedules and timely filing to our Regulator working with Manager of Reinsurance.
• Provide internal and external audit support.
• Support month-end processes and prepare financial reporting packages.
• Analyze and set up reinsurance accounting processes for Aviva’s reinsurance businesses alongside Manager of Reinsurance.
• Review, reconcile and post accounting journal entries to record the financial impacts of the relevant reinsurance agreements.
• Prepare balance sheet reconciliations, account aging reports and other ad-hoc reports.
• Prepare trend analysis on proportional reinsurance treaties.
• Prepare and submit manual ceded loss development data to Actuary for IBNR purposes.
• Support enhancements to internal process improvements.
• Take part in cross training of other analysts in our Reinsurance team. Participate in reinsurance projects as assigned.
• Ability to work independently and collaboratively with other divisions and functions