Senior Analyst - Financial Planning & Analysis

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 Analyst - Financial Planning & Analysis

Reporting to the Manager, PI Operational Planning & Analysis, this person will be responsible for providing key internal stakeholders with value-added, business performance insights and financial analysis to assist in their decision-making process for managing the day-to-day and long-term business needs of the Personal Insurance business lines. The analytical support provided by this role enables Senior Leaders within Personal Insurance to understand the impact of their decisions. Articulating and effectively communicating business performance insights and impacts to the business in written and presentation format is a critical part of the role. This role is responsible for identifying any potential problems or risk areas as well as opportunities that business stakeholder may need to be aware of and act on.

What can you expect in this role?

• Execute and Deliver KPIs and provide insights on weekly, monthly and quarterly basis to key stakeholders 
• Support the business in financial planning and forecasting though reports that facilitate the performance analysis of business targets. 
• Assist in the development of the annual budget and quarterly forecast models and analyzes actual and budgeted figures on an ongoing basis. Creates and maintains detailed budgeted templates.
• Review financial operating results to identify key trends, variances, and measure financial results against budget and forecasts.
• Preparing timely and accurate divisional business performance reporting for both internal (Board of Directors, senior management) and external (investors, regulators and auditors) stakeholders
• Identify process gaps and work with standard internal controls; 
• Reconcile results with Financial Plans to ensure accuracy and consistency

What do you bring to the role?

• University degree in Accounting, Business, Finance, Actuarial, Math/Statistics or related program
• 3-5 years of relevant, full-time experience financial management reporting and business performance analysis
• Superior written and verbal communication/presentation skills and ability to interact with senior executives and other cross divisional leaders in the organization
• Recognized accounting, insurance, or actuarial designation an asset
• Excellent knowledge of Excel and data modelling is required
• Experience with quantitative software applications including SQL would be an asset
• Experience with P&C insurance would be an asset
• Excellent PowerPoint knowledge is required. 

Ability to work in a team or independently with moderate supervision    

Salary range: $55,800 - $102,800

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
• 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

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.  In addition to base pay, 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.

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 [email protected].

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

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