Group Finance Analyst

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

About the role:

The Group Benefits (GB) Reinsurance Operations team is a subset of the Finance group responsible for the administration and accounting of reinsurance arrangements within Group Benefits.  The team maintains the day-to-day operations of GB reinsurance treaties through processing reinsurance settlements, performing analyses, reconciling reinsurance accounts, and providing customer service to reinsurers and other stakeholders.

Reporting to the Manager, GB Reinsurance Operations, the Group Finance Analyst will be responsible for the administrative and technical support of a small group of reinsurance analysts and more complex reinsurance arrangements. The Analyst will develop and maintain effective reinsurance practices, process complex reinsurance settlements, develop and prepare reports for regulatory bodies and internal partners, and assist in the development and maintenance of accounting models. 

Success in this role is measured based upon overall ability to effectively represent the interests and mandate of the organization, support the maintenance of financial and operational controls, training, and documentation.  These must be accomplished while optimizing operational effort by resolving issues and deficiencies brought forth through multiple channels; including reinsurers, audit reports, and internal stakeholders.

What will you do?

• Work with stakeholders to properly interpret signed reinsurance treaties and amendments
• Determine administrative and accounting requirements of the new or amended arrangement and work with team members to implement the required processes
• Ensure strong controls are built and implemented to accommodate the arrangement
• Process complex settlements and related accounting
• Prepare monthly, quarterly, and annual financial reports and reconciliation

What do you need to succeed?

• Minimum 2–3 years of experience in financial analysis, accounting, or reinsurance operations with university degree in Accounting, Economics, Mathematics or related area of study
• Advanced financial modeling and analytical skills, including intermediate knowledge of Excel (experience with pivot tables and V-look ups)
• Strong planning and organizational capabilities, including the ability to coordinate a large, diverse group of individuals in the completion of a common deliverable
• High attention to detail, energetic, results-oriented and ability to write clearly and concisely to different audiences (i.e., team members, IT representatives, reinsurers, internal partners, etc.)
• As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only as the position reports to a unilingual English-speaking manager outside Quebec

Preferred Skills:

• Knowledge of reinsurance treaties and administration and/or knowledge of underwriting principles and policies
• Knowledge of Sun Life Financial systems (Oracle, SAP and Hyperion) and accounting systems including CDB, CHESS, Oasis, Genesis and Datamart
• Progress towards an accounting or finance designation is an asset (CPA). This role can be reported under the CPA experience verification pathway
• CEBS designation or working towards (GBA)
• Knowledge of Group Benefits products and services

Unique Requirements:

• Overtime may be required during peak demands at monthly and quarterly intervals.

What's in it for you?

• Hybrid work environment
• A friendly, collaborative, and inclusive culture
• 15 vacation days per year
• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• The opportunity to move along a variety of career paths with amazing networking potential
• Access to our Global Learning Centre, available 24/7 for your learning needs
• Wellness programs that support the three pillars of your health – mental, physical and financial

Recent Awards:

• We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work® Canada
• Great Place to Work® list for Best Workplaces for #HybridWork 2022
• Great Place to Work® list for Best Workplaces for Professional Development in Canada 2022
• Named “Best Places to Work” by Glassdoor, 2021 and 2023

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.  

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to [email protected].

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

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