Director, Financial Services Banking Data

About the Company Our client is in the insurance industry. They are looking for someone who will be responsible for statutory and external reporting, corporate income taxes and financial audits. This includes the preparation and filing of the annual and quarterly regulatory financial returns (P&C1, MCT), annual audited IFRS financial statements and auditor’s reports and other financial returns required by the regulators.

~ Work with the SVP Actuary to ensure that actuarial data inputs for the regulatory financial returns and MCT capital returns are reviewed and reconciled to the general ledger.

~ Work with external consultants to ensure that IFRS 17 SAS data inputs and outputs for the regulatory financial returns are prepared, reviewed and reconciled within the agreed upon reporting timelines.

~ Prepare quarterly IFRS financial statement analysis and commentary, including preparation of materials for the quarterly Board of Directors meetings.

~ Manage, coordinate and ensure successful completion of external and internal audits including external financial statement audits, corporate tax external audits, internal audits of the Finance function for SOX and internal audits of the MCT capital return for OSFI. Assess and implement changes in Canadian IFRS, corporate taxation, OSFI regulations and other applicable accounting standards and regulations related to the P&C1, MCT, IFRS financial statements and Canadian corporate taxes.

~ Prepare long range plan for the Financial conditions testing.

~ Provide support to the Chief Risk Officer by preparing the quarterly CRO risk report for the Board of Director meetings and executing on the plan to complete the finance related disclosure requirements for ESG reporting /OSFI Guideline B15 Climate Risk Management.

~ Appointed Actuary’s report and related schedules, external review reports, Financial Condition Testing, ORSA Key Metrics Report and Earthquake Exposure Data Return.

Bachelor’s degree in finance or accounting

~ Experience in P&C Insurance accounting (including IFRS17) is essential

~ A high degree of technical and analytical expertise, excellent verbal, written and communication skills

~ Ability to work effectively with senior management and an individual who takes initiative, has a strong team orientation and able to prioritize responsibilities to meet tight deadlines with little to no supervision

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly). Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here . Virginia residents may access our state specific policies here . Residents of all other states may access our policies here . Canadian residents may access our policies in English here and in French here . Residents of countries governed by GDPR may access our policies here . the individual’s skill sets, experience and training; office location and other geographic considerations; With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.