Senior Financial Consultant
Job Summary
Job Description
What is the opportunity?
As a Senior Financial Consultant, you will provide strategic Financial Accounting expertise and day-to-day financial claims analysis and adjudication support for Disability Claims. You will support the protection of RBC assets including mitigating financial, reputational, regulatory and legal risk, and be the technical lead and communicator of financial adjudication best practices.You will also conduct quality assurance reviews for financial adjudication, while also being responsible for communicating directly (by telephone) with all of our clients regarding financial requirements and analysis when appropriate.
What will you do?- Provide legal analysis and litigation support with particular emphasis on maintaining a high standard of documentation and financial analysis to ensure successful litigation leading to recovery as appropriate.
- Conduct forensic accounting /auditing including arrears calculations for settlement purposes on litigated claims
- Analyze and Review independent 3rd party Forensic Reports provided in litigation cases
- Advise executive and senior management and product and process owners of financial adjudication issues, significant control weaknesses or deficiencies and trends identified during financial claims analysis.
- Communicate directly with clients, brokers, legal counsel, and financial experts by telephone when appropriate
- Review and analyze external accountant’s/lawyer’s calculations or position with respect to any financial matters of a litigated claim
- Prepare sensitivity analysis, trending slides, graphs, tables for Legal
- Conduct forensic annual reconciliations of residual claims and provide direction and feedback to claim adjudicators
- Develop and implement financial training initiatives for disability claims to promote superior financial adjudication
Here’s what we need from you:
Must-Have:
- 7-10 years of forensic accounting, audit and taxation experience
- Canadian Accounting Designation
- Proven analytical, problem-solving skills, including the ability to identify additional sources to uncover vital information not otherwise available
- Ability to prepare reports, monitor progress on objectives and identify gaps for effective financial adjudication
- Strong leadership and interpersonal skills; proven ability to work collaboratively with all levels and to demonstrate a high degree of customer service
- Demonstrated ability in training & mentoring
- Excellent oral & written communication, negotiation and conflict resolution skills
- Bilingualism in French/English
- Disability Claims Experience and knowledge of financial-related policy provisions
- Ability to effectively manage change
- A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
- Competitive pay and high-earning potential
- All the tools, training, and team support you need to grow your business and career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity and grow your business
RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.
Job Skills
Customer Service, Decision Making, Effectiveness Measurement, Insurance Operations, Insurance Product Development, Operational Delivery, People Management, Process Management, Strategic Thinking, Time Management
Additional Job Details
Address:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA
City:
MISSISSAUGA
Country:
Canada
Work hours/week:
- 5
Employment Type:
Full time
Platform:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-11-13
Application Deadline:
2024-11-27
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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