Established in 2021,
Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.
We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands.
Independence American Insurance Company (IAIC) is hiring for a Senior Manager, Finance & Regulatory
This is a hybrid role based in either our New York City or Toronto offices
About Independence American Insurance Company
Independence American Insurance Company (IAIC) is a rapidly growing insurance carrier within Independence Pet Holdings (IPH), one of the most dynamic platforms in the pet health and insurance industry. IPH operates a broad portfolio of pet health brands and services across North America, supported by an integrated platform that includes its own insurance carrier, insurance brands, and partner brands.
We are at an exciting stage where foundational decisions matter. Our teams are designing processes, implementing technology, strengthening controls, and creating the infrastructure needed to support the next phase of growth. This environment offers the best of both worlds: the stability of an established insurance platform combined with the energy, visibility, and opportunity typically found in a high-growth startup.
Position Summary
The Senior Finance & Regulatory Lead is responsible for establishing and overseeing all financial, regulatory, and reporting functions for the Canadian Branch of a U.S.‑domiciled insurance company. This role ensures full compliance with OSFI, IFRS 17, Canadian tax, and provincial insurance regulatory requirements while maintaining alignment with U.S. GAAP reporting to the parent company. The position serves as the primary finance leader in Canada and plays a critical role in building the branch’s operational, governance, and control environment.
Key Responsibilities
Financial Reporting & Compliance
- Support preparation and submission of all OSFI regulatory filings, including P&C returns, capital monitoring, and annual/quarterly branch reporting, partnering with local consultants.
- Oversee IFRS 17 measurement, disclosures, actuarial inputs, and financial statement preparation.
- Coordinate cross‑border reporting to U.S. headquarters, ensuring alignment between IFRS and U.S. GAAP frameworks.
- Maintain compliance with provincial insurance regulators, including licensing, premium reporting, and market conduct requirements.
- Develop and maintain accounting policies, internal controls, and documentation consistent with Canadian and U.S. regulatory expectations.
- Liase with MGA’s on business development, financial reporting
Financial Operations
- Coordinate premium, claims, commission, and reinsurance accounting for MGA‑distributed and direct‑written programs.
- Manage general ledger integrity, reconciliations, journal entries, and month‑end close processes for multiple regulatory reporting schemas (GAAP, US Statutory, IFRS).
- Support consulting appointed actuarial teams with loss reserving, triangles, and IFRS 17 actuarial inputs.
- Coordinate external audits, internal audits, and regulatory examinations.
Governance & Branch Management
- Establish the branch’s financial control environment, including SOX‑aligned processes where applicable.
- Support Consulting Chief Agent for reporting to OSFI, provincial regulators, external auditors, and internal stakeholders.
- Support development of branch governance, including policies, procedures, risk management practices, and reporting frameworks.
- Partner with underwriting, claims, actuarial, operations, and U.S. finance leadership to support business growth and operational execution.
Strategic & Cross‑Border Collaboration
- Provide financial insight to support Canadian market strategy, pricing, product development, and distribution partnerships.
- Ensure effective communication and alignment with U.S. finance, actuarial, tax, and compliance teams.
- Contribute to long‑term planning, budgeting, and forecasting for Canadian operations.
All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:
- Comprehensive full medical, dental and vision Insurance
- Basic Life Insurance at no cost to the employee
- Company paid short-term and long-term disability
- 12 weeks of 100% paid Parental Leave
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSA)
- Retirement savings plan
- Personal Paid Time Off
- Paid holidays and company-wide Wellness Day off
- Paid time off to volunteer at nonprofit organizations
- Pet friendly office environment
- Commuter Benefits
- Group Pet Insurance
- On the job training and skills development
- Employee Assistance Program (EAP)
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