You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Location: We support US flexible working arrangements in the contiguous 48 states.
At Sun Life, we look for optimistic people who want to make life brighter for our Clients. We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work. Every day, you’ll be empowered and challenged by working with dynamic colleagues to find new and innovative ways to make Sun Life the best benefits company in America.
The opportunity:
The Senior Accounting Analyst for Group and Stop Loss Accounting is a pivotal role within our financial operations team. This position is responsible for overseeing and executing the monthly accounting processes, conducting in-depth financial analysis, performing meticulous account reconciliations, and producing comprehensive reports for both IFRS and Statutory results. The ideal candidate will possess advanced technical accounting expertise and exceptional communication skills to address complex accounting issues effectively.
This role is critical in ensuring the integrity and compliance of the company's financial reporting with prescribed IFRS and Statutory accounting standards. The Senior Accounting Analyst will collaborate closely with various departmental stakeholders to maintain the highest standards of financial accuracy and transparency.
This position offers a challenging and rewarding opportunity for a highly skilled accounting professional to make a significant impact on our financial operations. The successful candidate will play a crucial role in shaping the financial strategy and ensuring the long-term financial health of our organization.
How you will contribute:
Key Responsibilities:
1. Financial Accounting and Reporting:
- Manage and execute the monthly accounting processes related to Reserves and Reinsurance, supporting both IFRS and NAIC financial accounting closes for all Group and Voluntary products.
- Prepare precise and timely journal entries, ensuring compliance with relevant accounting standards.
- Conduct thorough analysis of financial results and produce detailed reports for management review.
- Assist in the preparation and review of NAIC financial reporting deliverables, ensuring accuracy and compliance with regulatory requirements.
2. Interdepartmental Collaboration and Data Integrity:
- Foster strong working relationships with other departments to verify the accuracy and reliability of supporting data used in ledger transactions.
- Act as a liaison between finance and other business units to resolve data discrepancies and ensure consistency in financial reporting.
3. Account Reconciliation and Issue Resolution:
- Perform comprehensive monthly account reconciliations with meticulous attention to detail.
- Proactively identify and resolve discrepancies, working closely with relevant business units to clear open reconciling items promptly.
4. Audit Support and Compliance:
- Play a key role in compiling and responding to internal and external audit requests.
- Conduct thorough research to address data inquiries and provide detailed supporting documentation for account balances.
- Ensure all financial processes and reports comply with IFRS, NAIC, and other relevant regulatory standards.
5. Process Improvement and Innovation:
- Continuously evaluate existing systems and business processes, recommending and implementing improvements to enhance the accuracy and efficiency of financial data processing.
- Stay abreast of industry best practices and emerging technologies in financial accounting and reporting.
6. Project Management and Ad-hoc Assignments:
- Participate in and lead cross-functional projects related to financial operations and reporting.
- Undertake ad-hoc financial analysis and special projects as requested by senior management.
What you will bring with you:
Education and Experience:
- Bachelor’s degree in Accounting, Finance, or a closely related field. Master's degree is preferred.
- Minimum of 5 years of progressive corporate experience in accounting, financial reporting, and analysis.
- Extensive experience in Insurance and Reinsurance accounting is highly preferred.
- CPA or CMA certification is strongly desired.
Technical Skills:
- Advanced proficiency in Microsoft Office suite, with particular emphasis on Excel (including complex formulas, pivot tables, and macros).
- Experience with enterprise-level accounting software and financial management systems.
- Strong understanding of IFRS, US GAAP, and NAIC accounting requirements.
- In-depth knowledge of Reinsurance and Group insurance products.
Professional Competencies:
- Exceptional analytical skills with the ability to interpret complex financial data and translate it into actionable insights.
- Outstanding attention to detail and commitment to maintaining the highest standards of accuracy.
- Excellent time management skills with a proven ability to meet tight deadlines in a fast-paced environment.
- Strong problem-solving skills and the ability to think critically and strategically.
- Excellent oral, written, and presentation skills to effectively communicate financial operations matters and related analysis to all levels of management
- Demonstrated ability to work independently and collaboratively in a team environment.
- Proactive approach to identifying and mitigating potential accounting risks.
- Commitment to continuous learning and staying current with evolving accounting standards and industry regulations.
Do you see yourself in this role even if you haven’t checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.
Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!
Life is brighter when you work at Sun Life
- Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
- Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account
- A flexible work environment with a friendly, caring, collaborative and inclusive culture
- Great Place to Work® Certified in Canada and the U.S.
- Named as a “Top 10” employer by the Boston Globe's “Top Places to Work” two years running
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Salary Range: $78,000 - $117,000
At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions.
We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.
Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter -for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
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Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email recruitingUS@sunlife.com to request an accommodation.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
Finance
07/01/2025
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
