Senior Financial Analyst – Corporate Treasury

Senior Financial Analyst – Corporate Treasury Toronto, ONT, Canada 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.  Senior Financial Analyst – Corporate Treasury The Senior Financial Analyst, Corporate Treasury has the unique opportunity to participate in a wide range of activities as part of the Corporate Treasury team of a growing public company, including capital planning, forecasting, effective allocation, and optimization initiatives:What can you expect in this role?Actively participate in treasury activities as a public company, including:Raising capital (debt, preferred shares and hybrid securities, equity, etc.)Analyzing and optimizing cost of capitalShareholder distributions, including dividends and share buybacksM&A due diligence, funding and integrationIntercorporate transactionsRegularly prepare and present capital management analysis and recommendations to senior leaders and the board of directors Perform risk-adjusted return on capital modeling and make recommendations to senior leaders to help improve financial resultsLead the preparation of financial analysis, including building and adapting complex models to address requests from senior leaders, investors, regulators or credit rating agenciesMonitor and propose actions to maintain regulatory capital ratios within our target range and ensure they remain in-line with our risk appetiteContribute to the quarterly and annual business plan and short-term forecasting processes by preparing the investment income, balance sheet, cash flow, KPIs and capital forecastsSupport the ongoing preparation of capital-related investor relations materials including key messaging on capital management strategy and executionEngage in the annual credit rating process, including preparing management presentations and performing credit rating modelingWork closely with a variety of teams including Corporate Development, Corporate Finance, Legal, Investments, Actuarial, Risk and ReinsuranceWhat do you bring to this role?Completed university degree, preferably in Accounting, Business Administration or FinanceCPA or CFA designation (completed or nearing qualification) strongly preferred 3-6 years of finance experience in any of the following areas: financial statement analysis, corporate development, budgeting/forecasting, financial reporting, public accounting, or similarDemonstrated proficiency with Excel and strong financial modeling skills (ideally practical experience)Ability to analyze and understand the implications of business activities on the financial statements; experience with IFRS and public company reporting is an assetExcellent attention to detail and proficient analytical skillsAbility to produce clear reports and presentations, including strong working knowledge of PowerPointStrong written and verbal communication skills and ability to interact with all levels of the organization, including C-level executivesAbility to work effectively in a team and independently with minimal supervisionSelf-starter who can identify opportunities for improvement and execute on themPrior experience in financial services industries in general, and insurance specifically, would be an asset but is not requiredHigh degree of proficiency with English and French required to service customers, both internal to the company and external, across Canada. Salary Range: $77,800-129,600 Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market. This position is being posted to fill an existing vacancy. Interested in this role, but don’t meet every requirement? We encourage you to apply We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.  What’s in it for you? Hybrid work schedule for most roles Company share ownership program Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance. 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. Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical.com. Background checks This role requires successful clearance of background checks (including criminal checks and leadership references).