Accountant - 12-month contract

February 1 2024
Expected expiry date: March 1 2024
Industries Bank, Insurance, Financial services
Categories Accounting technician,
Toronto, ON • Full time

Driven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we are accelerating, changing the future of insurance and risk solutions, for a modern world.

At HSB, we value the strengths and contributions of our diverse workforce. We offer continuous learning opportunities, giving you flexibility to grow in your career while enjoying a healthy work-life balance and a collaborative approach in our coast-to-coast network of offices. Become part of a rewarding and impactful experience while seeing first-hand technologies and risk solutions that are changing the way we live and work.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit


Primary Objectives:

Reporting to the Technical Accounting Manager, the Accountant’s primary responsibility will be to provide assistance to the monthly and quarterly closing and support the finance department. The Accountant will be focused on ensuring timely analysis of data contributing to internal and external financial reporting and on the communication errors, omissions, and other issues to management. The successful candidate will have strong analytical skills, be comfortable with learning new systems, and have a good understanding of technical accounting.

This role will be based out of our downtown Toronto office and is a 12-month contract.


Job Responsibilities:

  • Provide account reconciliations for a variety of general ledger accounts, ensuring consistency, accuracy, and completeness, including US GAAP ledger and IFRS ledger.
  • Engage and inform colleagues at the appropriate levels in case of discrepancies.
  • Proactively identify opportunities for process improvement without sacrificing accuracy.
  • Initiate and monitor quarterly data submission to the European data hub, including addressing any errors or issues promptly.
  • Assist with quarterly financial reporting to parent company and regulatory reporting.
  • Prepare a selection of supporting schedules and/or notes for annual financial statements.
  • Assist with the timely and accurate reporting of related party balances.
  • Collaborate with peers from local Munich Re companies, US parent and other Munich Re company teams.



  • 5+ years of progressive experience in an accounting role, preferably in property & casualty insurance,
  • A recognized accounting certificate or designation ,
  • Understanding of US GAAP and IFRS, with specific focus on IFRS 17,
  • Excellent verbal and written communication, and organizational skills,
  • Excellent attention to detail and accuracy; strong analytical skills required,
  • Ability to handle multiple tasks in a deadline-driven environment.


Creating and maintaining a work environment that promotes respect, diversity and dignity is important to us. We strive for equality in our workplace, to eliminate employment barriers, and promote a workplace based on principles which align with our company values and promote positive employee practices. Candidates requiring accommodation during any stage of our selection process should advise us of this; we will strive to work with individuals to find a suitable means to meet their needs.

If you are interested in applying for this position, please quote Job Reference ACT- 0124-BW and please click on the link: Apply Here.

We thank all candidates for their interest; however, only those selected for interview will be contacted.

Apply now! network