Group Accounting Specialist

THE EMPIRE LIFE INS. CO•Kingston, ON

9d•CA$50,880 - CA$75,260•Hybrid

About The Position

Empire Life is looking to hire a Group Accounting Specialist to join our Group Operations team! We are actively seeking candidates to fill a current, open position. This is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of. It also allows for you to grow your technical and functional skills. Empire Life is committed to creating a diverse, equitable, and inclusive workplace and welcomes candidates who share this commitment.

Requirements

Bachelor's degree in Accounting, Finance or related field
1+ years experience in the insurance/financial services industry
Knowledge of group benefit contracts and products
Experience with account reconciliations or payroll calculations
Ability to manage multiple tasks and meet deadlines
Ability to prioritize and innovate
Analytical thinking and good communication skills
If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

Nice To Haves

Bilingualism (English/French) would be an asset
Experience with Excel would be an asset

Responsibilities

Processes premium payments, refunds, overdue accounts and policy terminations
Reconciles billings for specialty partners, investigates and communicates any discrepancies to ensure the accounts are accurate
Compiles and reconciles month-end and year-end accounting and reinsurance reports, as well as investigate any account discrepancies for Corporate Accounting
Supports Administration Services Only (ASO) group accounts, including quarterly and yearly reporting statements
Compiles and balances provincial and federal tax submissions for all tax accounts and reports directly to Canada Revenue Agency and Revenue Quebec
Prepares and ensures the timely and accurate release of invoice payments to vendors and disability claimants
Provides prompt and courteous resolution of inquiries regarding financial and accounting transactions for group clients’ accounts and/or disability claimant benefits from both internal and external sources
Provides support, guidance, and training to new employees or cross-training initiatives
Accurate and timely completion of reconciliations and databases to support controls framework for the Group Division
Uses knowledge of industry standards, internal processes and thinks creatively to provide solutions and resolutions to administrative/accounting issues
Work on Ad-hoc tasks as required

Benefits

Competitive salaries with annual pay increases
Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
Competitive uncapped commission, for sales positions
A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, disability, health and dental and a generous health account
Flexible work arrangements and an annual allotment of personal health days
Four weeks annual vacation from hire date
A defined contribution pension plan with generous employer matching
Top up programs for parental leave and compassionate leave
Employer-sponsored wellness and recognition programs
A cash employee referral program