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Ernst & Young LLP

Insurance Analyst

Canada-Ontario-Toronto

Posted Apr 11TOR0032V-1569394

Company Information

EY's people in more than 150 countries are committed to operating with integrity, quality and professionalism in the provision of audit, tax and transaction advisory services. We strive to help all of our people achieve their professional and personal goals through an inclusive environment that values everyone's contributions, appreciates diversity of thought, fosters growth, and provides continuous opportunities for development. Recognized as one of Canada's top employers, EY continually strives to be a great place to work.


Job Description

The Insurance Analyst is a financial professional who is experienced with administering and maintaining information management systems; is experienced at maintaining data to enable the generation of reports; is capable of developing complex financial models, analyzing and reconciling data outputs, and generating statistical reports.  The Insurance Analyst can understand and interpret insurance policies to permit the capture, calculation and processing of insurance obligations and payment and reimbursement calculations.  In this role, the Insurance Analyst will work with the team to identify and recommend process improvements and ways to maximize the value of data to the organization through analysis, communication and reporting.  

Responsibilities:
  • Responsible for assuring the integrity of the information maintained, data supporting, and output created from the various databases used to support the claims and underwriting of the entity
  • Responsible for creation and production of reports produced by the database, including with respect to the fitness for purpose of the reports for the business
  • Interprets insurance coverage to determine and calculate insurance liabilities / entitlements
  • Reviews reimbursement payment instructions to insurers for accuracy and clarity
  • Recommends and executes on an information management infrastructure
  • Develops complex financial models (using MS Excel and IBM Cognos) to report on and analyze claims data and communicates results to management
  • Handles requests for ad hoc reports or financial information and interacts with local and international EY personnel to verify information. Communicates with external contacts to report and resolve open issues
  • Utilizes a questioning mindset to identify ongoing issues that affect financial reporting in an insurance environment
  • Reviews insurance and reinsurance claims payment requests for financial accuracy
  • Administers Risk Management Information Systems (including Claims and policy management modules); plans and populates data
  • Helps support the IT environment for the entities, including with serving as a resource to team members, troubleshooting problems, document management, server hierarchy, client access to information
  • Serves as consultant and trainer to the Claims team on reporting and analysis tools
To qualify candidates must have:
  • Bachelor's degree in business, finance, accounting, information systems or other related major
  • 5 to 6 years relevant work experience
  • Advanced MS Excel skills for building and manipulating financial models
  • Superior analytical ability to utilize data to guide decisions
  • Technological aptitude to learn standard firm software and other relevant software at an advanced level.  Training or experience with IBM Cognos is an asset
  • Excellent communication skills, both written and oral
  • Strong interpersonal skills with the ability to influence and persuade others
  • Experience in an insurance or claims environment or the completion of an insurance program with a focus on claims or underwriting is an asset or willingness to obtain insurance certification supported by the firm 

EY is committed to inclusiveness, equity and accessibility.  We encourage all qualified candidates to apply.

Contact Information

Ernst & Young LLP
Ayesha Azhar
Recruiter