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:

The GB Reinsurance Operations team is a sub set of the Finance group responsible for the administration and accounting of reinsurance arrangements within Group Benefits (GB).  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

• Support the implementation of IFRS 17 needs as it relates to Reinsurance processes and financial reporting.

What do you need to succeed?

• 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

• University degree in Accounting, Economics, Mathematics or related area of study with minimum two years work experience

• Advanced financial modeling and analytical skills, including intermediate knowledge of Excel

• Strong planning and organizational capabilities, including the ability to coordinate a large, diverse group of individuals in the completion of a common deliverable

• Track record in leading or supporting the improvement of processes and controls

• Knowledge and application of accounting principles and standards

• Ability to write clearly and concisely to different audiences (i.e., team members, IT representatives, reinsurers, internal partners, etc.)

• Attention to detail

• Energetic and results-oriented

Assets:

• Knowledge of reinsurance treaties and administration and/or knowledge of underwriting principles and policies

• Knowledge of Sun Life Financial GL(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/CFA). This role can be reported under the CPA experience verification pathway

• CEBS designation or working towards (GBA)

• Knowledge of Group Benefits products and services

Notes/Unique Requirements:

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

What’s in it for you?

• Time off giving you the flexibility to focus on the moments that matter including 15 vacation days per year

• Flexible Benefits from the day you join to meet the needs of you and your family

• Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making

• contributions.

• The opportunity to move along a variety of career paths with amazing networking potential

• Flexible hybrid work model

• Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives 

• A friendly, collaborative, and inclusive culture 

• We’re honoured to be recognized as a 2025 Best Workplace in Canada by Great Place to Work® Canada

• Sun Life ranked one of the 2024 Global 100 Most Sustainable Corporations in the World on the Corporate Knights’ 2024

#LI-Hybrid

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

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