Group Accounting Specialist
Location: Hybrid - York Mills or Kingston
Empire life is looking to hire a Group Accounting Specialist to join our Group Solutions team!
If you have an analytical mind, natural curiosity to learn more, creative problem solving and excellent communication skills, this could be for you. As an Accounting Specialist, you’ll support accounting functions and provide creative solutions within the Group Solutions Division.
Why pursue this opportunity
Play an integral role - this is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of.
Hone your skills - this is an opportunity that allows for you to grow your technical, and functional skills.
Diversity, equity, and inclusion - we are committed to creating a diverse, equitable, and inclusive workplace and welcome candidates who share this commitment.
What you’ll be working on
- 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 Revenu 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
What we’re looking for you to have
- 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
- Bilingualism (English/French) would be an asset
- 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.
Beyond the salary
For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:
- 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
To learn more about working at Empire Life, visit https://www.empire.ca/workatempire.
Get to know us
Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
Empire Life welcomes applications from people with disabilities and disabled people. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format or have any accessibility questions, please contact recruitment@empire.ca .