Analyst, Risk Management - #442611

Location:

22 St. Clair Avenue East, Toronto, Ontario, M4T 2S7

The decision to join a company is a big one. We have opportunities for hard working, energetic and reliable people just like you.

Department: Risk Management, George Weston Ltd.

Work model: Minimum 3 days in the office per week

About George Weston:

George Weston Limited (GWL) is a Canadian public company, founded in 1882. George Weston has two operating segments: Loblaw Companies Limited, Canada’s largest food and drug retailer and a provider of financial services, and Choice Properties Real Estate Investment Trust, Canada’s largest and preeminent diversified REIT. With over 200,000 employees working at George Weston and its operating segments, the group of companies represent one of Canada’s largest private sector employers.

George Weston aspires to create generational value by actively managing its portfolio of industry-leading businesses. The George Weston corporate office provides professional shared services to our internal clients and operating businesses.

GWL offers a unique opportunity to build an exciting career. Our approximately 100 employees operate in a diverse and innovative environment where they are encouraged to be authentic and use their unique skills to achieve success in a collaborative environment. At George Weston, we believe in a culture of excellence, superior performance, innovation, openness and continuous development. We strive to make our workplace a welcoming and inclusive place for people of all orientations, genders, ethnicities and ages, because we believe that respecting each other is central to making George Weston a great place to work.

About Risk Management Team:

George Weston Limited’s Risk Management Department is responsible for the management of George Weston Limited Group of Companies’ insurance programs which includes insurance procurement, claims management, identification of emerging risks, risk mitigation through the development of loss control programs, contractual risk transfer and business continuity planning for the GWL Corporate Office. Reporting to the Manager, the Analyst role will be a cross-functional role supporting both the senior financial and claims analysts.

Responsibilities:

Financial Responsibilities:

• Review insurance transactions processed through general ledger accounts on a periodic basis to ensure transactions are recorded correctly and timely, ability to reconcile payments on a monthly basis
• Prepare the annual Total Cost of Risk calculation
• Assist with collecting underwriting data, preparing, reconciling for annual policy renewals (i.e. property, auto, CGL, etc.) and ensuring accuracy of the statement of values
• Accountable for data integrity of all loss data, and able to reconcile between different claim systems
• Assist with year-end reporting and liaise with various internal and external stakeholders to assist with auditor’s requests and actuarial review
  
  

Claims Responsibilities

• Prepare and analyze quarterly loss data on a timely basis, ensuring data completeness, accuracy and integrity; prepare variance and trend analysis if required, provide financial updates to various stakeholders
• Review insurance transactions (i.e. invoices, large property loss recoveries) on a periodic basis to ensure numbers are recorded correctly and timely, ability to reconcile payments on a monthly basis
  
  

Admin Responsibilities

• Process invoice payments across the group of companies
• Manage certificate of insurance issuance, government filings and bond placement
• Prepare presentation material for various Risk Management stakeholders as required
• Support other reporting deliverables & assist with department strategic initiatives
  
  

Qualifications:

• Undergrad degree in Business Administration/Commerce/Accounting/Finance
• 1 – 3 years relevant accounting or financial analysis experience an asset
• Positive “can do” attitude, willingness to learn, excellent time management skills and pays great attention to detail
• Strong problem-solving skills with a high level of analytical ability and natural curiosity
• Advanced Excel skills, including experience working with databases, developing and running financial models, pivot tables etc.
• Proficient in Microsoft Office, including Word, PowerPoint and Outlook
• Ability to self-motivate and work independently as well as contribute as a strong team player delivering positive results
• Strong written and oral communication skills, comfortable communicating with employees at various levels of the business, including senior management
• Willingness to complete a Chartered Insurance Professional “CIP” designation and/or Business of Insurance courses (Canadian Risk Management Designation) as appropriate
  
  

George Weston Limited recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and colleagues with disabilities.

In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Number of Openings

1

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application