Analyst, Financial

1 month ago

Toronto, Canada Definity Financial Corporation Full time

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
- We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

**What can you expect in this role?**
- Have the unique opportunity to support the activities of the Corporate Development function, with some exposure to our Investor Relations, Capital Management, Treasury and Reinsurance initiatives
- Support and deliver on Definity’s inorganic growth and broker investments strategy
- Work closely with executive leadership, operations, corporate finance, and other functional teams
- Play an important role in identifying and assessing potential acquisition targets, as well as other corporate initiatives, for strategic fit and value generation
- Assist in the execution of acquisition and divestiture transactions, including but not limited to deal sourcing, due diligence, financial analysis, executive and regulatory approval, transaction documentation, and integration support
- Monitor activity in the Canadian P&C industry, including development and maintenance of industry benchmarking databases and presentations
- Credit analysis, covenant monitoring, and other recurring reporting duties required for new and existing broker investments
- Ad hoc requests to provide support to other functions at Definity as required

**What do you bring to the role?**
- Completed university degree, preferably within accounting, business or finance, with high proven achievement
- 0-2 years work experience (including co-op or internships), in an accounting or finance-related role, preferably with experience in the areas of corporate development, M&A, financial statement analysis and budgeting/forecasting
- Strong knowledge of financial accounting practices and an ability to analyze and understand the implications of business activities on the financial statements
- Demonstrated ability to analyze and investigate problems, identify issues, and propose solutions
- Interest and/or prior experience in financial services industries in general, and insurance specifically, would be an asset
- Strong excel and modelling skills, with excellent attention to detail and strong analytical skills
- Ability to produce clear reports and presentations, including strong working knowledge of PowerPoint
- Ability to operate with a flexible work schedule, given transactional nature of role
- Working knowledge of Bloomberg and/or S&P Cap IQ is an asset, but not required
- Strong written and verbal communication skills and ability to interact with all levels of the organization, including C-level executives

Salary range: $48,700 - $89,800

**What’s in it for you?**
- Hybrid work schedule for most roles
- Company share ownership program
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services

**Go ahead and expect a lot — you deserve it.**

It’s better here — but don’t take our word for it. Definity was named by Great Place to Work ® as one of the Best Workplaces in Canada for women, for youth, and for inclusion.

**Background checks**

This role requires successful clearance of background checks (including criminal checks and leadership references).

LI-Hybrid

IND1

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