Insurance Accounting Business Analyst

Cognition+•London, ON

1d•CA$80,000 - CA$115,000•Hybrid

About The Position

Join our Dynamic and Passionate team at Cognition+, where we are dedicated to revolutionizing the insurance industry with cutting-edge digital solutions. Since 1996, we have been committed to understanding and addressing the unique business challenges faced by insurance companies of all sizes. Our offerings include a fully customizable Enterprise Insurance Management Platform, along with on-demand support, connectivity, cybersecurity, and professional services. At Cognition+, we believe that our success is driven by the diverse perspectives, ideas, and cultures of our team members. We foster an environment of teamwork, commitment, and trust, where every voice is valued. Our investment in research and development ensures that we stay at the forefront of technology, delivering innovative solutions that keep our clients ahead of the curve. As a Business Analyst supporting our accounting module, the successful candidate will be responsible for designing and implementing our fully customizable Enterprise Insurance Management Platform with our property & casualty (P&C) insurance clients. This role will be involved in evaluating and implementing standard business practices, along with the elicitation of unique customer requirements. The ideal candidate for this role has experience working in a finance or accounting role at an insurance company and has a passion for technology. Total expected annual compensation of $80,000 – $115,000, inclusive of base salary and a performance-based bonus tied to individual, team, and corporate goals. This range does not include other components of our total compensation package, such as retirement contributions, benefits, paid time off, and other non-wage elements. The salary offered to the successful candidate will depend on factors such as experience, skills, qualifications, work location, internal pay equity, and other relevant considerations. This position can be performed from our office in London, Ontario or remotely within Canada. Remote-based employees may occasionally be asked to travel to our office for meetings or team-building events and to client sites.

Requirements

University degree or college diploma in accounting or a related field
Minimum 5 years of experience working in the P&C insurance industry in a finance or accounting role
Deep understanding of day-to-day, month-end and year-end accounting processes
Familiarity with IFRS financial reporting, analytics and compliance
Experience working with insurance and accounting software, including Cognition+, Guidewire, Duck Creek, NetSuite, SAGE, and Microsoft Dynamics 365
Strong analytical skills, problem-solving skills and attention to detail
Proven ability to communicate clearly, work collaboratively and build positive relationships
Ability to prioritize multiple tasks to meet deadlines
Elicitation, documentation and requirements gathering skills
Demonstrated ability to provide positive, client-focused service with a proactive and solutions-oriented approach

Nice To Haves

Professional designation in a relevant field, such as the Chartered Professional Accountant (CPA) or Certified Financial Planner (CFP)
Business Analysis Accreditation
Experience in user acceptance testing and/or quality assurance testing
Certified Insurance Professional (CIP) designation or currently working toward the designation

Responsibilities

Deliver product solutions to the client by assisting clients in implementing the company’s products, ensuring that the client has a positive user experience of the product
Evaluate the business practices of the clients and identify areas for aligning business practices with system functionality
Identify through elicitation, documentation and requirements gathering, solution options to meet the client’s business needs
Work with the project manager to execute and successfully complete the project plan on time
Perform data analysis on client data as part of the implementation to integrate with system validations in the product solution
Provide prompt solutions to user questions and issues
Provide training and end-user product support to clients
Execute the company’s implementation roadmap by ensuring implementation projects are started as planned and successfully completed
Participate in User and Focus Group meetings
Develop the approach, plans and related documentation as new system areas are developed and require implementation
Ability to travel to client sites, as required
Perform other job-related duties as assigned