Expense Reporting and Analysis Specialist

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.

Reporting to the Director, PI Operational Planning & Analysis, the Specialist – PI Expense Management & Analysis is responsible for providing key internal stakeholders with value-added, operational performance insights and expense 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/ risk areas and recommendations as well as opportunities that require business action.

What can you expect in this role?

· Prepare and analyze monthly expense, including the development of expanded standardized expense reporting across all Personal Insurance brands.

• Liaise with senior leaders and prepare monthly headcount and staff cost report, as well as updating forecast models to support resource planning for Personal Insurance.
• Prepare and analyze all expense related management reporting (MBR, QBR) and budget/forecast reporting
• Partner with cost center leaders during annual business planning cycle and quarterly forecast cyles to develop operating expense budget/forecast and ensure complete and accurate upload to Finance systems
• Partner with senior leaders and provide data-driven insights to support expense optimization initiatives
• Partner with Finance to ensure cost centers, general ledger accounts and allocations reflect current business practices
• Reviewing existing processes, systems, data and reporting to make recommendations for key improvements and lead the change initiative
• Providing support and/or leading ad hoc projects
• Preparing ad-hoc analysis and reports on a timely manner to all queries from stakeholders, as required

What do you bring to the role?

• University degree in Business, Accounting, Economics or related program
• 5+ years of relevant, full-time experience in expense or financial management reporting and operational performance analysis.
• Advanced MS Excel and PowerPoint knowledge is required. Tableau skills would be an asset
• Proven record of analytical expertise and excellent attention to detail
• Superior written and verbal communication/presentation skills and ability to interact with senior executives and other cross divisional leaders in the organization. Experience with communicating / presenting to senior executives would be an asset
• Knowledge and experience with P&C insurance would be an asset
• Ability to work in a team or independently with moderate supervision
• Self-motivated and consistently demonstrates an ability to take initiative on any issue

Salary Range: $69,000 - $127,000

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.

We also take potential into consideration. If you don't have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

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 a background check (including criminal checks and leadership references).

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