Sr. Manager, Insurance Finance (IFRS 17)

Senior Manager, Insurance Finance Transformation

MISSISSAUGA, ON (Will consider GTA)

Full time (Hybrid)

Job Description

You will be a valued member of the Insurance CFO team, acting as a business partner and advisor, across financial accounting, performance management and planning and forecasting activities. You will own IFRS 17 processes, policies and day 2 enhancements, including process streamlining, business requirements and automation. You will work collaboratively with other business partners, including IT and Actuarial teams, to identify financial optimization opportunities, and execute on enabling the data, systems and processes to implement new and audit-ready solutions.

This role is located in our Mississauga location but is also open to additional locations within the greater Toronto area.

Responsibilities

As a member of a dynamic multi-functional finance transformation team, you will have the following responsibilities:

• Program delivery, stakeholder and change management
  
  

Drive requirements, testing, cutover and change management within Finance, Actuarial, IT and vendors; identify risks and mitigation to meet project timelines and business objectives.

• Insurance accounting (IFRS 17) technical leadership
  
  

Lead the enhancement of detailed requirements that underpin key IFRS 17 metrics, accounting policies, reporting, calculation rules (GMM/VFA), CSM mechanics and disclosures.

• Systems and integration requirements
  
  

Direct development of end-to-end requirements for GL, subledgers, actuarial outputs, investment systems, policy administration and data lake integrations, including reconciliation rules. Translate business requirements into system specifications and testable acceptance criteria.

• Finance & Actuarial process optimization
  
  

Identify opportunities to simplify workflows, remove manual steps, and implement automation and reporting enhancements to improve efficiency and reduce operational risk while working collaboratively across Finance, Actuarial and IT Functions to identify financial optimization opportunities.

• Controls, compliance and SOX governance
  
  

Support the implementation and review of EUC controls, control requirements and audit trails across models, spreadsheets and systems; prepare/review documentation for auditors.

Qualifications

Must have

• 4-6 years in insurance finance transformation, accounting, actuarial or financial systems delivery with hands-on life insurance products and investments knowledge (e.g. par, universal life, seg funds, etc.).
• Knowledge of IFRS and proven experience developing & defining technical IFRS 17 measurement models (VFA, GMM, PAA), accounting requirements and/or implementing downstream reporting.
• Demonstrated ability to produce clear technical system, process and methodology documentation.
• Strong project management skills with experience in large scale programs/initiatives.
• Strong cross-functional collaborator with excellent communication skills, able to present complex technical topics to finance and IT leaders.
• A professional accounting designation (CPA, CA, etc.) or actuarial designation (FSA, FCIA, etc.), or completion of a Master's or PhD in Mathematics, Actuarial Science, or Finance.
  
  

Nice to have

• Practical experience with GL/subledger, actuarial valuations, policy administration systems and finance data warehouses.
• Familiarity with Accounting Hub, CSM calculators, modern BI/reporting tools and cloud platforms.
• Financial data architecture experience in canonical models, lineage, ETL/ELT design and reconciliation automation.
  
  

Adam Planica

Technology Recruiter

PRI Technology

P: 973.732.5454 x41

C: 917.572.1363

www.pritechnology.com