Finance Manager

About the Position

Hannover Re Canada, a leading reinsurer, is seeking an experienced Finance Manager to join our Accounting and Finance team in our Canadian Branch on a permanent, full-time basis. As a Finance Manager, you will lead our technical accounting processes and oversee the preparation and review of balance sheets, income statements, and related financial reports, ensuring accuracy, transparency, and compliance with internal, regulatory, and external reporting standards.

Responsibilities

• Provide day-to-day leadership and oversight of the Finance team, including reviewing deliverables and supporting employees’ ongoing coaching, development, and performance.
• Oversee technical accounting processes, including the secondary or tertiary review and approval of accounts, as applicable.
• Analyze financial movements and developments and assess their impact on the Canadian Branch and its solvency position.
• Manage all aspects of quarterly financial close including the preparation of statements, commentaries, and supporting documentation for Group Reporting as well as OSFI Reporting.
• Support the establishment, execution, and documentation of internal controls relating to financial reporting requirements, including maintaining and updating process documentation.
• Identify and help address risks relating to financial, regulatory, and management reporting.
• Provide support to the local team in resolving reconciliation issues.
• Liaise and coordinate with both external and internal audit.
• Lead finance projects that focus on process improvement and efficiency across the end-to-end reporting cycle.
• Ensure the appropriate tax accounting arrangements are maintained to allow tax liabilities to be calculated accurately in all material respects.
• Collaborate with local and international stakeholders on Finance and Group initiatives.

Requirements

• Bachelor’s degree in Finance, Business, Accounting, or other related fields.
• At least 7 years of progressive accounting experience in the property and casualty insurance or reinsurance industry.
• An accounting designation (CPA or equivalent) would be preferred.
• Strong and current technical knowledge of International Financial Reporting Standards (IFRS, particularly IFRS17) and processes implementation and development.
• Strong sense of business insight and customer focus, paired with a hands-on, results-driven, “can-do” attitude.
• Ability to support business development efforts with accounting interpretations and analysis of reinsurance solutions provided to cedants.
• Strong verbal and written communication skills including experience working with senior management.
• Exposure to SAP, MicroStrategy, Power BI, or similar reporting tools is an advantage.
• Ability to work effectively in a multicultural environment.
• Applicants must be legally entitled to work in Canada. Please note that we are unable to provide immigration sponsorship for this role.

We Offer

• The opportunity to work in a dynamic and global organization.
• Competitive compensation and comprehensive company-paid benefits.
• A half-day of paid time off to celebrate your birthday.
• Eligibility to participate in Hannover Re’s annual incentive program.
• Inclusive, collaborative, and high-performance culture.
• A hybrid work model with flexible working hours.
• Professional development and advancement opportunities.
• Opportunities to contribute ideas, lead improvements, and make a meaningful impact.

About the Company

Hannover Re – as one of the world’s leading reinsurers, we provide coverage for the risks of yesterday, today, and tomorrow. Our strength? Connecting Power: Within our global team of around 4,000 colleagues, we bring together knowledge, perspectives, and a strong sense of responsibility. We rely on one another, challenge ourselves, and continuously develop both our services and our products. Whether working with risk calculation models, developing digital tools, or creating pragmatic solutions for our clients: here, you can contribute your expertise and actively shape what comes next. Sounds good? Get to know us as a reliable employer and find your place with us.

Hannover Re is committed to providing an accessible and inclusive recruitment process. Accommodations are available upon request for candidates participating in all stages of the recruitment and selection process. Candidates who require accommodation may indicate this when contacted regarding the recruitment process.

Apply Now

Apply using the “Apply now” button and become part of our diverse team.

More information about our work environment, career opportunities, and development programs can be found at www.hannover-re.com/en/career.