Senior Financial Analyst
Share
Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Senior Financial Analyst
The ARAG Group a global leader in legal expense insurance operating in20 countries offers an innovative and comprehensive range of legal expense products and services for brokers underwriting agents and insurers across Canada.
Reporting to the Controller the Senior Financial Analyst will be responsible for developing budgets forecasts and financial models analyzing performance trends and providing actionable insights to management.
What will you do
Budgeting & Forecasting
- Process ownership preparation of annual budgets and rolling forecasts.
- Collaborate with department heads to gather assumptions and validate inputs.
- Perform scenario modeling and sensitivity analysis to support strategic decisions.
Financial Analysis & Reporting
- Ability to understand a complex business model and to translate its interdependencies into clear financial metrics.
- Perform variance analysis between actuals budgets forecasts and provide recommendations to improve underwriting profitability.
- Identify trends risks and opportunities to improve financial performance.
- Prepare monthly and quarterly reports highlighting relevant KPIs including comments on business developments.
Modeling & Decision Support
- Build financial models to support strategic initiatives and business cases.
- Conduct scenario and sensitivity analysis considering regulatory changes and market conditions.
- Incorporate actuarial inputs (loss reserves premium projections) into financial models.
- Interdisciplinary collaboration with Underwriting and Risk Management to ensure that financial modelling reflects all relevant business dimensions
Strategic Support
- Support long-term financial planning capital allocation decisions and solvency monitoring.
- Evaluate business cases for new projects investments and initiatives.
- Conduct profitability & cost analysis by product line distribution channel and region.
Compliance & Governance
- Ensure adherence to accounting standards (IFRS) and internal controls.
- Maintain documentation for budgeting and forecasting processes.
- Communicate with Controller on work status and financial issues that arise.
Process Improvement
- Recommend enhancements to financial planning processes and tools.
- Support automation and efficiency initiatives within finance.
About You:
- University degree in accounting finance.
- CPA CFA or equivalent designation preferred.
- Experience in MGA or insurance-industry preferred.
- 5 years of experience in financial analysis FP&A or corporate finance.
- Advanced knowledge and proficiency in Excel with financial modeling; experience with BI tools is an asset.
- Knowledge of Windows and MS Office applications including Office 365.
- Working knowledge of SAP desired.
- Aptitude for figures strong analytical and investigative skills.
- Ability to thrive under pressure and adhere to challenging deadlines.
- Excellent communication and organizational skills with internal stakeholders clients and management.
We Offer:
- Competitive Base Salary including annual bonus plan
- Generous Employer Paid Benefits Plan including RSP matching & Fitness Credit
- Location is a combination of remote work from home and from our head office in the heart of Torontos Financial District
For more information about ARAG Canada please visit: are an Equal Opportunity Employer
ARAG Legal Solutions Inc. are proud to be an equal opportunity workplace and employer. We are committed to equal employment opportunity regardless ofcitizenship race place of origin ethnic origin colour ancestry disability age creed sex/pregnancy family status marital status sexual orientation gender identity gender expression receipt of public assistance (in housing) and record of offences (in employment).
ARAG Legal Solutions Inc. is committed to providing employment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). Any assessments and selection materials or processes used during the recruitment process will be available in an accessible format to applicants with disabilities upon request. If contacted for an interview please advise the Human ResourcesGeneralist if you require disability-related accommodation.
Required Experience:
Senior IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Financial Concepts
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
As one of the leading legal insurance providers in the world we offer you an affordable way to manage legal matters – and the freedom to live life your way.
