Job Title
Job Description
We are a rapidly growing global life reinsurer, working with our clients around the world to manage their mortality, longevity, and morbidity risk. We also provide Life, Critical Illness, Income Protection, Hospital Cash and Longevity reinsurance products and services to our clients. Today, we are one of the largest and most experienced in the longevity market and are continuing our rapid growth internationally with offices across Europe, Asia, North America and Asia-Pacific regions.
We have a relaxed but hard-working culture and providing employees with a healthy work-life balance is important to us. We have a wide range of benefits and regular social activities, including quarterly socials and wellness initiatives.
We are currently midway through a back-office office transformation program (Project Unify) and the company has recently re-organized into a Line of Business structure. The combination of these two events means an exciting time for Financial Planning and Analysis as we modernize our processes and set ourselves up to partner with the business effectively.
The role:
We are seeking a dynamic and experienced FP&A professional to join our global reinsurance business. As FP&A Manager, you will be responsible for overseeing and managing all aspects of financial planning and analysis. You will provide strategic insights and forward-looking analysis to support decision making within the Protection Line of Business as well as at a Divisional level. This role requires a strong analytical mindset, excellent communication skills, and the ability to work collaboratively with teams across the business in multiple regions.
*This role requires hybrid availability at our downtown Toronto office (40 King St. W.), eventually requiring a 4-day per week in-office schedule by mid-2026.
Team outputs/ objectives:
Financial Planning & Analysis is a global function within Finance operating in UK, Asia, Australia and North America.
The FP&A team is responsible for all financial analysis, MI design and production, strategic planning and forecasting. The FP&A team also support the company strategic objectives in relation to acquisitions, pricing, modelling and Tax strategy.
This role is primarily accountable for driving financial planning, in-depth financial analysis, and process optimization for the Western Protection line of business, as well as overseeing global expense management.
Financial Planning:
Develop and maintain the company's global expense planning and Western Protection business planning processes, including annual budgeting, forecasting, and long-range planning.
Collaborate with department heads to gather financial data and assumptions for budgeting and forecasting purposes.
Analyze financial results, identify trends, and provide recommendations to improve financial performance and operational efficiency.
Monitor and report on key financial metrics to senior management, highlighting areas of concern or opportunities for improvement.
Conduct in-depth financial analysis, including variance analysis, profitability analysis, and scenario modelling, to support strategic decision-making.
Identify risks and opportunities in the financial forecast and provide recommendations to mitigate risks or optimize opportunities.
Develop financial models and dashboards to track and communicate key financial metrics and KPIs.
Ensure stakeholders are kept up to date with timely, complete and meaningful analysis
Partner with both business-as-usual (BAU) and project teams to continuously assess and enhance financial systems and applications.
Drive improvements in planning and reporting tools to support scalability, accuracy, and efficiency across FP&A processes.
Champion automation and digital transformation initiatives that streamline workflows and improve data integrity.
Ensure systems are aligned with business objectives and capable of delivering actionable insights to stakeholders.
Take full ownership of global expense management, encompassing process design, governance, control frameworks, and cost center architecture, with a clear mandate to drive operational efficiency and sustainable cost optimization.
Manage FP&A analysts, providing guidance, coaching, and feedback.
Effectively utilize global pool of resources to achieve tactical, operational and strategic objectives.
Foster a culture of continuous improvement, promoting efficiency and effectiveness within the FP&A function.
Collaborate with other finance and accounting teams to ensure seamless integration and alignment of financial processes globally.
Professional accounting designation (CPA, ACA, ACCA, CIMA, FCAS, FSA, etc.) and at least 5+ years post qualified relevant experience.
Experience supporting a finance system implementation or transformation (e.g. moving from Excel models to a planning tool) is an advantage.
Proven experience in financial planning and analysis, preferably in the Insurance industry.
Strong analytical skills and ability to interpret complex financial data.
Proficient in financial modelling and forecasting techniques.
Excellent knowledge of accounting principles and financial reporting standards.
Advanced proficiency in Microsoft Excel and financial software (e.g., ERP systems, BI tools), having implemented a new tool would be a plus.
Strong communication and presentation skills, with the ability to effectively communicate complex financial information to non-financial stakeholders.
Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
Strong leadership and team management skills.
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Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits
Leave
23 days of annual leave (Regular employees) with option to buy or sell more days
Fertility leave
Generous parental leave
Healthcare
Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
Dental & Optical benefits
Savings & Retirement
RRSP: company-matched contributions
Wellness
Employee and Family Assistance Program
Subsidized gym membership
Time off for volunteering
Charitable matching of employee donations
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values