Finance Manager - P&C Reinsurance Reporting

About The Role

The Finance Manager – P&C Reinsurance Reporting is responsible for managing all internal and external/regulatory reporting, compliance, governance and analysis for Swiss Re’s P&C Reinsurance entity in Canada (Swiss Reinsurance Company Ltd, Canadian P&C Branch, or the “Branch”). The role involves collaborating with various managers across other functional units, both in Canada and internationally, to present and explain complex financial reporting and transactional issues regarding the Branch to senior management.

The individual will also have responsibility for both recurring and ad hoc capital management requirements, as well as actively onboarding new transactions and unique business. In addition, the successful candidate is expected to play a key role in implementing a future-ready set of processes and tools including AI.

The Finance Manager – P&C Reinsurance Reporting currently has 1 direct report in Canada and 2 individuals based in Bangalore.

• Production and analysis of high quality, well-explained quarterly financial results for the Branch across all bases of reporting – Canadian Statutory/IFRS for both Local and Group reporting, as well as Swiss Statutory.
• Principal contact for local business leads in Products, Claims and Technical Accounting teams; also for Finance colleagues in the Zurich Head Office and with the Intra-Group Reinsurance counter parties.
• Sound understanding of the key business drivers of both the inbound business and the ceded business is necessary.
• Preparation and coordination of responses to the Company’s external auditors (KPMG) with respect to quarterly and annual inquiries related to the financial results and other filings of the Branch.
• Point of contact for external regulators (OSFI); significant involvement in various regulatory matters for existing and new regulations.
• Responsible for the review, development and implementation of process improvements relating to accounting/capital procedures and controls for new accounting pronouncements and new transactions.
• Review of account reconciliations and analysis of accounts prepared by senior and staff accountants to ensure that such reconciliations and analysis are complete, accurate and well document. Direct and oversee senior and staff accountants as necessary.
• Ad hoc support as needed by the business or other functional teams.

• Production and analysis of accurate and well-explained capital returns and drivers of capital movements, for both regulatory and internal reporting.
• Production of capital plan and projections for the Branch, liaising closely with business partners, finance and actuarial colleagues.
• Ad hoc capital reporting, e.g., projection of expected capital ratios in the event of a significant loss, potential reinsurance transactions, or changes/developments in strategy.

• Successful onboarding of new business opportunities, including unique structured transactions; taking the lead on producing high quality accounting and capital memoranda, and working with Actuarial, Treasury and Group Accounting colleagues.
• Significant involvement with any new project impacting the Canada P&C Reinsurance operations, including new/amended IFRS standards , as well as changes to regulations and capital frameworks.

The Finance Reinsurance team, within the broader Canadian Finance team, is responsible for the accounting and reporting of Property and Casualty (P&C) reinsurance technical balances—such as premiums, claims, commissions, and reserves—as well as intra-group reinsurance (“IGR”) and non-technical balances like cash investments and general expenses for the Branch.

This team collaborates with various business partners to support relevant transactions. As a member of this diverse and inclusive team of finance professionals, who have a wide range of backgrounds and industry experience, you will work collaboratively while also having the autonomy to make decisions independently and promptly, fully accountable for your actions.

• Bachelors' degree in Finance,…