Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary: $145000 – 165000 per year
Job date: Wed, 20 Nov 2024 08:56:21 GMT
Job description: Reports To: Assistant Vice President (AVP), Risk Manager Company Overview: Liberty Mutual Canada is the Canadian… Canada has over 300 employees and services clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton…
Liberty Mutual Canada – Senior Underwriter OR Underwriter, Property & Casualty – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Fri, 23 Aug 2024 22:49:44 GMT
Job description: Department: UnderwritingLocation: TorontoReports To: VP, Ontario and Atlantic RegionCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:We’re looking for a Senior Underwriter or an Underwriter to join our growing team. This individual will be accountable for underwriting and profitably growing a portfolio of property and casualty (P&C) business within the Ontario & Atlantic Region. Lines of business will include primarily P&C Package, CGL and Excess Liability, along with Property, Automobile, and Umbrella. They will manage relationships with key broker partners and clients and provide valuable input into operational improvements.Duties and Responsibilities:
- Follow Liberty’s Guidelines for Inclusion and encourage its use at Liberty. Build personal DE&I knowledge and act as an early adopter of new DE&I skills and processes to drive positive change.
- Manage a portfolio of new and renewal P&C business, contributing to the region’s profitable growth in target lines of business.
- Collaborate with internal teams (risk services, actuary, claims) to achieve profitable growth through technical research and relationship building.
- Contribute to the region’s new business goals by maintaining a quality pipeline of prospects through targeted marketing, cross-selling and account rounding efforts with our key broker partners.
- Ensure proper risk selection, exposure review, setting of profitable terms and conditions, file documentation, adherence to underwriting guidelines and strategies.
- Responsible for relationship management with assigned brokers, clients, and prospects to ensure exceptional service and gather market intelligence to expand Liberty’s product and service offerings.
- Collaborate and manage multi-line account solutions while highlighting differentiators in product offerings and value propositions.
- Provide input on existing underwriting processes to improve service and simplify our business, and act as an early adopter of new systems and processes.
- Commitment to continuous learning and development through attendance at industry events, relevant seminars, and courses, and learning from existing Liberty expertise.
- Other duties and projects as assigned.
Skills & Qualifications:
- A minimum of 3 years experience underwriting commercial P&C insurance.
- Post-secondary education with relevant insurance designation(s)/education considered an asset.
- Have an understanding of P&C policy wordings and their impact on claims scenarios.
- Self-starter with proven analytical skills and a solutions-oriented attitude to drive profitable growth.
- Comfortable with critical thinking and a growth mindset, with thoughtful consideration of diverse perspectives during decision-making and respectful of differences.
- Able to respectfully give and receive positive and constructive feedback.
- Effective contributor at internal and external meetings with professionalism and clarity of communication.
- Effective at change management and adapting to new systems and processes.
- Helps drive innovation through a growth mindset, viewing roadblocks as opportunities for growth and supporting new idea testing, training, and ongoing monitoring of changes.
- Excellent communication, organizational and time management skills.
- Collaborates well across business units.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Assistant Vice President, Executive Underwriter OR Senior Underwriter, Casualty – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Fri, 23 Aug 2024 23:18:35 GMT
Job description: Job Description:Department: UnderwritingLocation: TorontoReports To: VP, Ontario and Atlantic RegionCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:We’re looking for an Assistant Vice President, Executive Underwriter or a Senior Underwriter to join our growing team! This role will be accountable for underwriting and profitably growing a portfolio of casualty business including P&C Package within the Ontario and Atlantic Region. Lines of business will focus on Casualty with other products including P&C Package, Automobile, Umbrella and Excess Liability. The successful incumbent will also play a key role in coaching, mentoring, and training other members of the team to ensure their ongoing professional development. They will manage relationships with key broker partners and clients and provide valuable input into regional strategies and other operational improvements.Duties and Responsibilities:
- Follow Liberty’s Guidelines for Inclusion and encourage its use at Liberty. Build personal DE&I knowledge and act as an early adopter of new DE&I skills and processes to drive positive change.
- Manage a portfolio of new and renewal P&C business, significantly contributing to the region’s profitable growth in target lines of business.
- Collaborate with internal teams (risk services, actuary, claims) to achieve profitable growth through technical research and relationship building.
- Significantly contribute to the region’s new business goals by maintaining a quality pipeline of prospects through targeted marketing, cross-selling and account rounding efforts with our key broker partners.
- Ensure proper risk selection, exposure review, setting of profitable terms and conditions, file documentation, adherence to underwriting guidelines and strategies.
- Support team’s overall underwriting knowledge through handling of referrals, sharing of best practices and formal/informal training.
- Coach, mentor, and train colleagues on underwriting, business development, negotiation skills, and other necessary soft skills to ensure their ongoing professional development.
- Responsible for relationship management with key brokers, clients, and prospects to ensure exceptional service and gather market intelligence to expand Liberty’s product and service offerings.
- Collaborate and manage multi-line account solutions while highlighting differentiators in product offerings and value propositions.
- Provide recommendations towards regional growth strategies, broker, and client plans.
- Propose alternate solutions to existing underwriting processes to improve service and simplify our business, and act as an early adopter of new systems and processes.
- Commitment to continuous learning and development through attendance at industry events, relevant seminars, and courses, and learning from existing Liberty expertise.
- Other duties and projects as assigned.
Skills & Qualifications:
- A minimum of 4 years’ experience underwriting commercial P&C insurance with an emphasis on commercial casualty and skilled in the use of industry NAT CAT tools and resources.
- Post-secondary education including relevant Insurance designation(s)/education is considered an asset.
- Proficient in understanding of P&C policy wordings and their impact on claims scenarios.
- Self-starter with proven analytical skills and a proven track record in a solutions-oriented approach to underwriting that drives profitable growth.
- Comfortable with critical thinking and a growth mindset, with thoughtful consideration of diverse perspectives during decision-making and respectful of differences.
- Able to respectfully give and receive positive and constructive feedback.
- Effective at managing internal and external meetings with professionalism and clarity while driving mutual accountability for results.
- Effective at change management and adapting to new systems and processes.
- Helps drive innovation through a growth mindset, viewing roadblocks as opportunities for growth and supporting new idea testing, training, and ongoing monitoring of changes.
- Excellent communication, organizational and time management skills.
- Collaborates well across business units.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Associate Claims Specialist – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Wed, 02 Oct 2024 22:33:32 GMT
Job description: Department: ClaimsLocation: TorontoReports To: Manager, ClaimsCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:We are seeking a self-driven, client-focused Associate Claims Specialist to join Liberty Mutual Canada’s Toronto Claims team. This role will be responsible for managing all administrative duties within the Claims department, responding to emails, telephone calls, providing service to policy holders, brokers, claimants and internal customers, including underwriters and claims specialists. If you are an organized individual looking to grow their career in Claims, please read further!Duties and Responsibilities:
- Act as administrative support for the claims department, including but not limited to claims programs, maintaining inboxes, reporting, and closing letters.
- Responsible for ensuring all new claims are set-up correctly in various systems depending on the claim type, including policy information, coverage, insurer and loss details.
- Responsible for ensuring all correspondence including follow up emails and responses are completed in a timely manner with insured and brokers.
- Liaison with Underwriting as required.
- Complete all other administrative and service duties within the claims department as assigned.
Skills & Qualifications:
- Bachelor’s Degree or College Diploma and/or equivalent training.
- 1+ years of related industry and/or claims experience would be an asset.
- Strong interpersonal, presentation and communication skills (both oral and written).
- Bilingual in English and French is an asset
- Excellent computer skills required: specifically, Word and Excel. Comfortable with learning various computer systems and managing electronic files.
- Strong organizational skills and excellent attention to detail.
- Strong prioritization and decision-making skills.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Associate Claims Specialist – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Thu, 03 Oct 2024 00:34:23 GMT
Job description: Job Description:Department: ClaimsLocation: Montreal or TorontoReports To: Manager, ClaimsCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:We are seeking a self-driven, client-focused Associate Claims Specialist to join Liberty Mutual Canada’s Toronto Claims team. This role will be responsible for managing all administrative duties within the Claims department, responding to emails, telephone calls, providing service to policy holders, brokers, claimants and internal customers, including underwriters and claims specialists. If you are an organized individual looking to grow their career in Claims, please read further!Duties and Responsibilities:
- Act as administrative support for the claims department, including but not limited to claims programs, maintaining inboxes, reporting, and closing letters.
- Responsible for ensuring all new claims are set-up correctly in various systems depending on the claim type, including policy information, coverage, insurer and loss details.
- Responsible for ensuring all correspondence including follow up emails and responses are completed in a timely manner with insured and brokers.
- Liaison with Underwriting as required.
- Complete all other administrative and service duties within the claims department as assigned.
Skills & Qualifications:
- Bachelor’s Degree or College Diploma and/or equivalent training.
- 1+ years of related industry and/or claims experience would be an asset.
- Strong interpersonal, presentation and communication skills (both oral and written).
- Bilingual in English and French is an asset
- Excellent computer skills required: specifically, Word and Excel. Comfortable with learning various computer systems and managing electronic files.
- Strong organizational skills and excellent attention to detail.
- Strong prioritization and decision-making skills.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Senior Underwriter or Underwriter, Construction – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Wed, 30 Oct 2024 02:15:44 GMT
Job description: Job Description:Department:Construction First PartyLocation:Toronto or VancouverReports To:VP, Energy and ConstructionCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:We’re looking for a Senior Underwriter or Underwriter to join our growing team! This role will be accountable for underwriting and profitably growing our construction business in the Canadian market.. The successful incumbent will also play a role in coaching, mentoring, and training other members of the team to ensure their ongoing professional development. They will manage relationships with select broker partners and clients.Duties and Responsibilities:
- Follow Liberty’s Guidelines for Inclusion and encourage its use at Liberty. Build personal DE&I knowledge and act as an early adopter of new DE&I skills and processes to drive positive change.
- Underwrite and negotiate policy terms and conditions on target new first-party Construction business, providing mentorship to other underwriters as needed.
- Expand and maintain broker/client relationships to facilitate profitable growth of Construction products through independent sales calls, attending client meetings and representing Liberty at industry events.
- Continuously develop and expand expertise in mainly first party product lines and claims trends, providing recommendations for improvement, as appropriate.
- Collaborate with other Liberty business units in the identification of cross-marketing opportunities.
- Develop our position as a “go to” insurer with target brokers through service excellence and superior underwriting acumen.
- Liaise with the Construction Practice Leader/Management to ensure consistency with underwriting protocols and product strategies.
- Demonstrate effective prioritization of workload.
- Other duties and initiatives as may be assigned
Skills & Qualifications:
- Minimum 2 years related insurance industry experience.
- Experience in underwriting construction and/or energy property insurance required.
- University degree with a focus in business, engineering or applied science considered an asset.
- Self-starter with proven analytical skills and a proven track record in a solutions-oriented approach to underwriting that drives profitable growth.
- Experience working within a guideline framework, underwriting authorities and protocols.
- Demonstrated broker relationships with global, national and regional brokers.
- Able to successfully identify, facilitate and execute portfolio rollover opportunities, market or sector segmentation opportunities and target accounts.
- Comfortable with critical thinking and a growth mindset, with thoughtful consideration of diverse perspectives during decision-making and respectful of differences.
- Able to respectfully give and receive positive and constructive feedback.
- Effective at managing internal and external meetings with professionalism and clarity while driving mutual accountability for results.
- Effective at change management and adapting to new systems and processes.
- Helps drive innovation through a growth mindset, viewing roadblocks as opportunities for growth and supporting new idea testing, training, and ongoing monitoring of changes.
- Excellent communication, organizational and time management skills.
- Collaborates well across business units.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Financial Analyst, Financial Reporting, Planning & Analysis – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Sat, 09 Nov 2024 07:21:24 GMT
Job description: Job Description:Department: FinanceLocation: TorontoReports To: Senior Manager, Financial Reporting, Planning & AnalysisCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:In this position, you’ll combine your technical expertise and analytic ability with strong interpersonal skills. You’ll drive improvements and recognize emerging trends that will impact financial reporting and planning. You’ll foster a culture of innovation to drive continuous improvement and ensure work is performed as efficiently as possible.Duties and Responsibilities:
- General ledger accounting & Month end processing (including Reinsurance).
- Preparation and review of complex, standard, and adhoc reports for monthly, quarterly, and annual book close; which includes account reconciliations, control checks, journal entries, and preparation of financial statements.
- Reconciliation an analysis of SBU financial statements and present findings in narrative form to Management.
- Preparation and presentation of the monthly management reporting package, including detailed variance analysis.
- Support the Forecast and Planning process including expense budgeting and financial planning.
- Participate in local and global projects of moderate scope and complexity as required.
- Assist in annual internal and external audits for the reporting team.
- Assist, provides guidance, and serve as technical resource to Accountants and other-cross functional professionals.
Skills & Qualifications:
- Relevant experience of Insurance/reinsurance journal accounting is considered an asset.
- Bachelor’s degree in Accounting, Finance, Business or equivalent training.
- High proficiency (advanced level) with PC & MSWINDOWS based applications (Excel & PowerPoint being the key applications).
- Strong verbal and written communication skills, including the ability to identify, analyze data, and recommend a business solution.
- Ability to provide information in a clear, concise manner with an appropriate level of detail and professionalism.
- Adaptability to work independently and within a team environment.
- Strong organizational skills and excellent attention to detail.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Senior Reinsurance Analyst – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Sat, 09 Nov 2024 03:11:23 GMT
Job description: Job Description:Department:Global ReinsuranceLocation:TorontoReports To:VP, Global ReinsuranceCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:Reporting to VP Reinsurance, this role will be responsible for ensuring reinsurance operations are reported in an accurate and timely manner.Duties and Responsibilities:
- Maintain oversight and review work produced by outsourced teams, such as EXL.
- Lead the quarterly reporting for Schedule F reporting and other Reinsurance reporting.
- Oversee work allocated to junior staff, and provide assistance with training and managing workload.
- Lead regularly scheduled meetings with key brokers/reinsurers to resolve open items/escalate as needed.
- Ensure all treaties, quota share and XOL treaties are appropriately settled with the markets and internal reinsurance teams on a timely basis.
- Analyze and validate reinsurance files and corresponding premium and claims payments.
- Process and provide accurate and timely information to internal and external stakeholders.
- Oversee the reporting of reinsurance accounts, including liaising with underwriters and external parties to ensure accounts are reported and settled on time.
- Compute and effectively communicate reinsurance recoveries related to large losses (per Canadian reinsurance programs).
- Liaise with reinsurance intermediaries and Global Reinsurance on other administrative matters as required.
- Assist with sending out broker statements monthly, reconcile broker statements with our records, and follow up on outstanding items with brokers.
- Actively seek enhancements and make recommendations for new processes to improve efficiencies or rectify inaccuracies or information gaps.
- Organize and lead on reinsurance workflows including organizing and leading meetings on any exceptions.
- Perform ad hoc tasks as requested.
Skills & Qualifications:
- At least 2-3 years of financial industry experience – ideally in insurance in the P&C area with exposure to reinsurance concepts.
- Knowledge of SOX key controls and reinsurance processes.
- Ability to work with large volumes of data to derive business solutions.
- High proficiency in the use of MS Excel, MS Access, SAP, and Essbase.
- Broad knowledge of reinsurance concepts, products and processes an asset.
- Experience working with automated accounting and reporting systems.
- Ability to identify and solve problems based on analysis (start to finish concept).
- Proven superior communication, presentation and customer service skills.
- Excellent attention to detail.
- Strong business and interpersonal communication skills (written and oral).
- Outstanding inter-personal and team leadership skills with emphasis on employee motivation.
- Excellent analytical, problems solving and technical accounting skills.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Analyst, Regulatory & Tax Reporting – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Sat, 09 Nov 2024 07:16:16 GMT
Job description: Job Description:Department: FinanceLocation: TorontoReports To: Team Leader, Regulatory and Tax ReportingCompany Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.– Competitive health & dental benefits plan– Competitive time off policy– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion.The Opportunity:Reporting to the Team Leader, Regulatory and Tax Reporting, this role will be responsible for the preparation and coordination of various reports and analysis to ensure the entities’ compliance with regulatory and tax reporting requirements. This role will also be a key contributor in providing relevant analysis for other business units (e.g., Underwriting, Actuary, and others). This position offers excellent opportunities in a dynamic environment.Duties and Responsibilities:
- Regulatory reporting – Lead and support end-to-end process for regulatory returns including liaison with other business units (Actuary, US Finance, Treasury).
- Periodic workflow – Own several workstreams supporting monthly financial close process, such as processing payment requests for facility payments & taxes, select account reconciliations and processing of related journal entries.
- Capital forecast – Responsible for creating the base balance sheet and income statement to build the quarterly capital forecast & supports the Team Leader, Regulatory and Tax Reporting for other areas of quarterly & long-term capital forecasting process.
- Tax reporting, analysis & compliance – Complete various tax reporting requirements for the Canadian Branches to ensure compliance with applicable filings & manage remittances for income & indirect taxes.
- Finance & cross function projects.
Skills & Qualifications:
- Bachelor’s degree in commerce (accounting or finance).
- Minimum 3 years previous accounting experience.
- Obtained or working towards the CPA designation, preferred.
- Fundamental understanding of P&C insurance industry.
- Advanced proficiency with Microsoft Office (Word, PowerPoint, Outlook), with advanced knowledge working with large volumes of data using Excel.
- Working knowledge of Power BI reporting tool is an asset.
- Ability to handle a large volume of information and accurate management of large datasets along.
- Proven ability to find opportunities to improve efficiency and accuracy by standardizing procedures.
Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary, or permanent), please let us know and we will work with you to meet your needs.
Liberty Mutual Canada – Assistant Vice President, Head of External Reporting – Toronto, ON
Company: Liberty Mutual Canada
Location: Toronto, ON
Expected salary:
Job date: Fri, 08 Nov 2024 03:03:11 GMT
Job description: Job Description:Company Overview:Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:– A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance– Competitive health & dental benefits plan– Market-leading pension plan– Competitive time off policy– External education & tuition reimbursement programs– Employee & Family Assistance Programs– An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusionThe Opportunity:We are seeking an experienced Head of External Reporting to join Liberty Mutual Canada, encompassing 2 operations: Liberty Mutual Canada – a division of Liberty Mutual Insurance Company and Employers Insurance Company of Wausau. As the AVP, Head of External Reporting, you will oversee the accurate and timely reporting of financial information to internal and external stakeholders, ensuring tax and financial compliance with regulatory requirements and accounting standards. Reporting directly to the CFO, you will play a critical role in driving the company’s financial reporting strategy.Duties & Responsibilities:Financial Statements
- Responsible for all Canadian regulatory reporting – in accordance with IFRS and statutory accounting principles and any other relevant/replacement reporting requirements.
- Review, analyze, report upon financial results and ensure timely and accurate filing of the Canadian Branch external financial reporting (including OSFI filings); (P&C & Life).
- Establish and maintain accounting policies and procedures that align with regulatory requirements and best practices, ensuring consistency and accuracy in financial reporting across the organization.
- Ensure proper disclosure of financial information in external reports, highlighting significant financial events, risks, and uncertainties.
Financial Analysis
- Conduct in-depth analysis of regulatory financial statements to identify trends, anomalies, and potential areas of concern, providing valuable insights to the Branch Governance committee and other key stakeholders.
- Effectively communicate financial information and results to Branch Governance and relevant external stakeholders (i.e., OSFI).
- Collaborate with key stakeholders (i.e., UW, Reinsurance, Claims etc.) and Identify opportunities to improve Branch profitability. Assist the CFO in the review, analysis, presentations and ad-hoc requests of competitor analysis.
Tax Compliance and Management
- Ensure accurate and timely preparation and filing of all tax returns, including corporate income tax returns, premium tax returns, and other relevant tax filings, in compliance with local tax laws and regulations.
- Minimize corporate tax position through effective tax planning and management – inclusive of consideration to US GAAP requirements for parent company consolidation purposes.
Capital Management
- Oversee capital management for the branch, including monitoring of capital and optimizing use of capital. Lead treasury and cash management roles to maximize investment returns.
- Review capital adequacy analysis, and lead quarterly updates for Branch Management including forecasted capital and forecast accuracy.
External Audit
- Lead the Canadian Branches through the external audit of the statutory financial statements (and capital filings).
- Collaborate with external auditors to plan and execute annual financial audits, coordinating information requests, ensuring proper documentation, and addressing any audit findings or recommendations.
Regulatory Guidelines & Filings
- Assist the CFO in the review, implementation, and on-going compliance of regulatory guidelines & filings.
- Monitor and implement procedures to ensure compliance with all Canadian and US legislative requirements – including OSFI, FSCO/IBC, FCAC, OFAC, Sarbanes Oxley legislation etc.
Team Management
- Provide leadership, guidance, and mentorship to a team responsible for external reporting, ensuring their professional growth, performance, and adherence to deadlines.
- Proactively identifies, participates in, or manages cross functional/departmental projects. Defines project scope and prioritizes resource commitments. Monitors projects while challenging and developing staff. Communicates project opportunities of high complexity and constraints to Senior Management. Appropriately holds staff accountable for project deadlines.
Other Duties & Responsibilities
- Stay up-to-date with accounting standards, tax pronouncements, regulatory changes, and industry-specific reporting requirements to ensure ongoing compliance in financial reporting practices. Maintaining relationship with OSFI Branch supervisor.
- Act as CFO’s delegate with Liberty Mutual Investment group to monitor investment performance and regulatory compliance.
- Review, negotiate and maintain all banking facilities and facility/lease transactions.
- Identify opportunities to streamline and automate financial reporting processes, leveraging technology solutions to improve efficiency, accuracy, and timeliness of external reporting deliverables.
Skills & Qualifications:
- Designated CPA;
- Minimum 10 years of financial reporting and analytical experience, with at least 5 years of leadership experience;
- Proven experience in a senior financial reporting role within the insurance industry or related sector.
- Excellent analytical and problem-solving skills, with attention to detail and accuracy.
- Technically proficient in IFRS and US GAAP;
- High proficiency (advanced level) with MS Windows based applications (Excel being the key applications);
- Proven track record of effectively building constructive relationships with others at all levels of the organization; and
- Excellent communication skills, both verbal and written, with the ability to articulate complex financial information to non-financial stakeholders.
If you are a highly motivated individual with a track record of success in financial reporting within the insurance industry, we invite you to apply for this challenging and rewarding opportunity. Join our dynamic team and contribute to the company’s growth and success.Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.