Analyst, Field Operations

Job ID : 6818
Category : Sales & Distribution
Brand : Economical
Regular/Temporary : Regular
Fulltime/Parttime : Full Time
Location : Waterloo, Canada

Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. With strong roots that date back to 1871, Definity has grown to become a digital leader in the insurance industry. We’re proud to help our clients and communities adapt and thrive in a world of constant change.

Our promise to you: It’s better here. Why? Because we CARE, and we provide an employee experience that’s collaborative, ambitious, rewarding, and empowering.

Our ambition is to be one of Canada’s leading and most innovative P&C insurers. Come be a part of our journey, and love what you do.

Definity offers 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. Leaders partner with their teams to find the right balance of on-site and remote work that best meets the needs of their teams, colleagues, brokers and customers, while ensuring collaboration, teamwork and accountability for goals.

**What can you expect in this Analyst role?**
- Support all aspects of Commissions financial reporting within S&D
- Prepare timely, accurate, and complete financial information (recurring and ad-hoc) and reports, including proforma financial analysis
- Support the business plan and quarterly forecasting processes for all levels of commissions
- Prepare analysis, executive presentations, and Board level materials to support the management team
- Financial performance review and modelling, operational performance review, covenant monitoring including regulatory reporting support and other recurring reporting duties required for new and existing incentive and compensation deals
- Development and maintenance of financial analysis related to all aspects of S&D operations. Assisting with the identification of the correct source of data, extracting the data, and structuring it in a meaningful way
- Support analysis and review including modelling of CPC and other enhanced compensation programs
- Support and maintain execution of legal and other complex agreements
- Providing S&D customers with value-added financial information and analysis to assist in their decision-making process
- Monitor commission and contract activity within the Canadian P&C industry, including the development of presentations
- Support broker management including onboarding, manage mailbox, and other operational responsibilities as required
- Provides standard and ad hoc financial and business reporting and analysis in support of business priorities

**What do you bring to the role?**
- University or college degree in a business, finance, or related program
- Ability to work effectively in a team or independently with supervision
- Demonstrated ability to research and analyze complex accounting policies and standards, with specific knowledge and experience with IFRS considered an asset
- Strong written and verbal communication skills and ability to interact with all levels of the organization
- Excellent attention to detail and strong analytical skills
- Strong working knowledge of Excel and Modelling skills
- Strong organizational skills
- Ability to meet and remain calm under tight deadlines
- Ability to produce clear reports and presentations, including strong working knowledge of PowerPoint
- Insurance industry experience would be beneficial

**Go ahead and expect a lot — you deserve it, and we’ve got it**:

- 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

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

LI-Hybrid