Introduction
As a Financial Analyst – Insurance Services you’ll be a trusted business advisor to our clients in the insurance industry. You’ll have the opportunity to partner with our clients and interact with Insurance organizations across Canada to perform invoicing, collections and analysis related to the financial aspects of our client’s business. You’ll be redefining how we manage our organization and how we work while achieving budgeted targets and ensuring the delivery of a high-quality work product to clients.

Your Role and Responsibilities
In this role, you'll work in one of our IBM Consulting Client Innovation Centers (Delivery Centers), where we deliver deep technical and industry expertise to a wide range of public and private sector clients around the world. Our delivery centers offer our clients locally based skills and technical expertise to drive innovation and adoption of new technology.

As a Financial Analyst - Insurance Services, you will have experience in general accounting and finance concepts in areas such as budgeting, fee calculations invoicing and collections. You’ll be a key player in all aspects of day-to-day accounting activities for our client. You’ll make a significant contribution to supporting high-level executive reporting and ensure the bookkeeping is up to date and correct.

Scope of Work

• Conduct end to end finance activities (e.g., budgeting, invoicing, collections, reconciliation, audit) for Insurance clients as part of our Consulting business
• Calculate insurers assessments fees based on the defined business rules and inputs from IBM client counterparts
• Generate and issue invoices for distribution of assessment fees to 140 Insurers across Canada
• Perform collection process of invoices of assessment fees
• Manage Accounts Receivable / credits and aging report; review bank statements
• Generate and produce reports (e.g., inventory assets, monthly deposits) on defined frequency (e.g., monthly, quarterly)
• Supervise and ensure all financial transactions in the general ledger are both correct and auditable
• Support Financial Lead with reports and analysis
• Answer insurers’ questions on invoicing, assessment calculation, etc.
• Manage stakeholder (client, insurers) relationships
  

Required Technical and Professional Expertise

• Insurance industry experience working within core business units (e.g., claims, sales/service- billing) or support functions (e.g., finance)
• Knowledge of insurance industry concepts and terminology (e.g., direct-written premium, Allocated Loss Adjustment Expense, etc.)
• Ability to work independently
• Working towards a CPA (nice-to-have)
• Experience in Accounting Role, A/R, A/P
• Applying Accounting Principles (Basic and Advanced)
• Apply Knowledge of Accounting Guidelines
• Apply Business Communications best practices
• Effective Communication both verbally and written
• Presentation Skills
• Stakeholder management skills
  

Preferred Technical and Professional Expertise
N/A

IBM Consulting is IBM’s consulting and global professional services business, with market leading capabilities in business and technology transformation. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients’ businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners and the planet.

In a world where technology never stands still, we understand that, dedication to our clients success, innovation that matters, and trust and personal responsibility in all our relationships, lives in what we do as IBMers as we strive to be the catalyst that makes the world work better.

Being an IBMer means you’ll be able to learn and develop yourself and your career, you’ll be encouraged to be courageous and experiment everyday, all whilst having continuous trust and support in an environment where everyone can thrive whatever their personal or professional background.

Our IBMers are growth minded, always staying curious, open to feedback and learning new information and skills to constantly transform themselves and our company. They are trusted to provide on-going feedback to help other IBMers grow, as well as collaborate with colleagues keeping in mind a team focused approach to include different perspectives to drive exceptional outcomes for our customers. The courage our IBMers have to make critical decisions everyday is essential to IBM becoming the catalyst for progress, always embracing challenges with resources they have to hand, a can-do attitude and always striving for an outcome focused approach within everything that they do.

Are you ready to be an IBMer?

IBM’s greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.

Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we’re also one of the biggest technology and consulting employers, with many of the Fortune 50 companies relying on the IBM Cloud to run their business.

At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it’s time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

Must have the ability to work in Canada without sponsorship.

This role will involve working with technology that is covered by Export Regulations sanctions. If you are a Foreign National from any of the following US sanctioned countries (Cuba, Iran, North Korea, Syria, and the Crimea, Luhansk, Donetsk, Kherson, and Zaporizhia regions of Ukraine) on a work permit, you are not eligible for employment in this position.

IBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.