Senior Financial Analyst, Financial Planning & Analysis

Gore Mutual Insurance•Cambridge, ON

5d•CA$59,500 - CA$110,000•Hybrid

About The Position

The Senior Financial Analyst, Financial Planning & Analysis (SFA) supports financial planning, forecasting, performance management, and strategic analysis across revenue, claims, expenses, and workforce costs, with a strong focus on insurance-specific metrics, regulatory requirements, and enterprise risk alignment. The SFA delivers clear, narrative-driven financial analysis and reporting to support effective decision-making across the business, with accountability for the full P&L. Partnering closely with accounting and key stakeholders in the business, the role ensures alignment between management reporting and financial results, supports a smooth financial close, and translates complex data into actionable insights for senior leadership and the Executive Committee, while identifying key performance drivers, emerging risks, and opportunities for continuous improvement.

Requirements

CPA designation or actively working towards
Undergraduate Degree is required
Budgeting and Forecasting 5+ years experience
Financial Planning and Analysis 5+ years
Technical Expertise in accounting related to the field 3+ years
Insurance industry knowledge 3+ years
Advanced financial analysis and modelling, including budgeting, forecasting, scenario analysis, and profitability assessment across a full P&L
P&C Insurance and financial acumen, with strong understanding of insurance performance metrics (e.g., Combined Ratio, Loss Ratio, Expense Ratio) and regulatory requirements (e.g., IFRS 17, OSFI)
Narrative-driven financial reporting, with the ability to translate complex financial results into clear, actionable insights for senior leadership and executive audiences
Strong communication and stakeholder management skills, with demonstrated comfort interacting with, influencing, and presenting to all levels of the organization, including senior leadership and executives
Problem solving and analytical thinking, with the ability to identify trends, diagnose issues, and recommend practical, data-driven solutions
Business partnering mindset, enabling effective collaboration with cross-functional teams across Finance, Operations (Personal and Commercial), Enterprise Risk Management, Data, and Purpose
Data and systems proficiency, including experience working with ERP systems, Power BI, and underlying financial and operational data to ensure accuracy, reconciliation, and insight generation
Strong attention to detail and financial discipline, ensuring accuracy, integrity, and consistency of analysis and reporting
Prioritization and adaptability, with the ability to manage competing demands, shifting priorities, and tight timelines
Coaching and mentorship capability, supporting the development of analysts and providing technical guidance in areas such as payroll, pensions, commissions, and charitable foundation accounting

Responsibilities

Prepare key reports, including monthly financial results package and Quarterly Business Review (QBR) materials for senior leadership and the Executive Committee
Deliver narrative-driven performance reporting, identifying key variance drivers and trends, with a specific focus on the Combined Ratio, Loss Ratio, and Expense Ratio
Analyze monthly and quarterly results to explain performance relative to plan and prior year, highlighting risks, opportunities, and corrective actions
Monitor and report on key financial and operational KPIs, ensuring consistency, accuracy, and relevance for decision-making
Monitor and validate to ensure financial data reported in Power BI reconciles back to GL financials
Drive the creation of the annual operating plan and ad hoc forecasting, aligned with corporate objectives, risk appetite and tolerance, and regulatory and accounting requirements (e.g., IFRS 17, OSFI)
Drive development of premium and claims budgets, expense budgets, and workforce plan (FTE budget)
Provide financial guidance to functional and operational leaders to support strong financial stewardship
Upload and reconcile budget information within the GL and operational Dashboard in PowerBI
Develop and maintain financial and scenario models to assess business performance and support strategic decision making
Perform profitability analysis for large accounts, program business, and strategic initiatives and investments
Validate assumptions, assess financial risks, and quantify impacts under different scenarios
Support business case development and evaluation, including changes in scope, benefits, resources, and timelines