Senior Financial Analyst

Company: CLIC
Department: Decision Support
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Additional Information: This/these role(s) is/are currently vacant

We are a leading Canadian financial services cooperative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities.

The Senior Financial Analyst provides expert level financial modeling, analysis, interpretation, and recommendations to support management decision making with respect to organizational initiatives and their impact on the organization’s financial performance. The role benefits from a comprehensive understanding of the insurance industry and our organization and a comfort level interacting with various levels of management.

• Partners with business unit management teams to further both parties understanding of the business unit performance as it relates to organizational performance and to provide support for business unit initiatives. Such support will include preparation/review of business cases, what-if analyses and follow-up analyses after implementation.
• Collaborating with business partners to support profitability analysis, communicating key insights and findings, and influencing them to take action on the findings.
• Models, analyzes, and forecasts premium, claims and expense-related performance on a quarterly and annual basis. Such modeling / forecasting will include research into environmental and industry trends, in-depth variance analysis, business unit financial performance assessments, and complex ad-hoc analysis of interest to senior management.
• Conducts periodic reviews with business partners to identify gaps in information reporting and new information requirements. Designs, recommends and implements solutions to meet business partner needs.
• Coaching team members on problem-solving and promoting team involvement and increasing efficiency as a team.
• Responsible for the development, documentation and maintenance of departmental processes and procedures. Initiates and leads projects to improve the effectiveness and efficiency of the unit.

• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
• You have strong communication skills to clearly convey messages and explore diverse points of view.
• You build trusting relationships and provide guidance to support the development of colleagues.

• University degree in Business/finance/accounting, mathematics/actuarial sciences, or a related discipline.
• Having or working towards professional accounting designation or appropriate professional qualifications (CA, CMA, CGA, CFA or MBA) is an asset.
• Minimum 5 years related business or accounting experience.
• Advanced spreadsheet, reporting/budgeting software and data warehouse tool knowledge.
• Knowledge of insurance industry and insurance accounting.

• You will be subject to a background check as a condition of employment, in the event you are the successful candidate.

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

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Expected salary range $60,574 - $100,956​

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.​​

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.

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