Trainee Investment Accountant
Dublin, IE
- Full Time 3 Year Fixed Term Contract position
- Hybrid role based in our City Centre offices
What we offer
We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.
We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.
Further details on our benefits package can be accessed here Benefits (life-careers.com)
Role Overview
Reporting to the Finance Manager, the role of Trainee Investment Accountant will involve providing accounting services in relation to a portfolio of reinsurance investments.
The key responsibilities include:
- Monitoring compliance with the Company’s cash holdings and bank ratings guidelines.
- Preparation and review of investment reporting packs for clients.
- Preparation of monthly journal entries for asset intensive transactions.
- Preparation of quarterly management reporting, including variance analysis.
- Review and analysis of the investment management system Multifonds.
- Reconciliation of accounts to the general ledger system, ensuring third party backup is available to support all balances and entries.
- Review and analysis of CLReI’s compliance with investment mandates and policies.
- Adherence to all internal controls over the financial reporting process.
- Assistance with provision of information to internal and external audit teams in order to facilitate appropriate audit of transactions.
What we are looking for
The ideal candidate will have:
- Strong numerical ability.
- A part qualified accountant with a good understanding of the accountancy career path.
- A solid academic record and may be educated to Degree level in a numerical discipline (e.g. Accountancy, Statistics, Economics).
- Relevant finance experience in a life insurance or life reinsurance environment is an advantage.
- Well-developed verbal and written communication skills.
- An ability to plan work, manage time effectively and ensure timely completion of all deliverables.
- A good working knowledge of MS Office (Excel, Word and PowerPoint.) Any SAP experience is beneficial.
- A self-motivated approach to work with the capacity to work assertively and on their own initiative as part of a team and across teams
Key Competencies
About us
Canada Life Reinsurance (CL Re) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Europe and, more recently, Asia. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse and investment risk for insurers, reinsurers, and pension funds. CL Re is continuing to expand the reinsurance solutions it offers to new and existing clients in many global markets.
CL Re has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados, and Regina. The Dublin office is the base for CL Re’s European and Asian operations as well as the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI). It comprises approximately 160 reinsurance professionals, including 110 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.
As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential.
Lifeco and its companies have approximately $2.8 trillion in consolidated assets under administration and a capital ratio (LICAT) of 128% (as at 31/12/2023).
The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life Reinsurance by Recruitment Agencies will not be accepted for this role.
Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported. We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.
If you require any accommodations during the recruitment process please contact Lifecareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.
CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland.