Senior Accountant – Financial Reporting

September 5, 2025

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Job Description

Description

Company
HSB Canada
Location
Toronto, Canada

HSB Canada, part of Munich Re, is Canada’s premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering-based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big, and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit:

Primary Objectives:

Reporting to the AVP- Financial Reporting, the Senior Accountant plays a pivotal role in providing expertise in areas of: financial reporting under US GAAP, IFRS, regulatory compliance, and support for periodic regulatory filings. This role will be well-suited to a business-minded, dynamic CPA holder with strong experience in the insurance industry, and its related regulatory requirements.

Job Responsibilities:

Financial Reporting, including oversight for preparation of:

  • Monthly financial reporting package for US parent company
  • Monthly financial reporting package for Canadian management team
  • Key materials for quarterly Board of Directors meetings

Financial analysis, reconciliation and quality control of:

  • Contingent profit commission calculations
  • Monthly financial reporting packages / dashboard
  • Monthly US GAAP reporting package
  • Reconciliation of policy administration system data to financial results

Collaboration with internal teams:

  • Distribution, Claims, Actuarial, and functional areas
  • Regulatory Reporting – provision of IFRS results for OSFI filings
  • Collaboration with Canadian, US and European affiliates for internal reporting

External Audit support, including:

  • Preparation of key IFRS / GAAP schedules for annual audited financial statements

Other support, including:

  • Coaching, mentoring and development of team members
  • Ad hoc requests from management

Qualifications:

  • Bachelor of Accounting or equivalent from an accredited university
  • Recognized accounting designation, preferably Chartered Professional Accountant
  • 5+ years of accounting experience in the insurance industry, preferably in property & casualty
  • Thorough understanding of US GAAP and IFRS, ideally IFRS 17
  • Experience with Infor Sun Financial Systems, SAP, and Power BI, would be considered an asset
  • Strong analytical and accounting skills
  • Excellent verbal, and written communication and interpersonal skills
  • Ability to prioritize tasks and manage multiple priorities in a deadline-driven environment

Company Benefits:

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include: