Compliance - Fall 2025 Co-op/Intern

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.

Work term: Fall 2025

Work term length: 4-months

From classroom to co-op to career, every step of your journey has an impact on your future. That’s why it makes sense to choose a co-op placement with a company that offers truly rewarding work and real-life experience. At Definity®, your contributions, creativity, and energy will be put to good use, and you’ll get to be involved with initiatives that support our strategic goals and use your skills in a supportive team environment. 

If you’re looking for a company that takes care of its people — full time, part time, and co-ops alike — and has a track record of doing big things, get ready to love it here.

What you’ll be doing:

• Ensure that Risk Control Matrices (RCMs) are updated by the Business Units in a timely manner and accurately reflect current internal controls and workflows.
• Limited advisory/ recommendations to Business Units on the creation and maintenance of relevant internal control, workflow and flowchart documentation.
• Assist with the performance of audit procedures over the key ICFR controls to assess both the design and operational effectiveness of the controls in support of CEO/CFO certification over the effectiveness of internal controls
• Evaluate the implications of internal control deficiencies identified and develop recommendations for gap closure
• Execute ICFR test plans and testing of remediation activities for manager review.
• Conduct audit procedures over the key ICFR controls to assess both the design and operational effectiveness of the controls in support of CEO/CFO certification over the effectiveness of internal controls
• Identify, evaluate and escalate the implications of ICFR internal control weaknesses and deficiencies
• Support ad hoc special risk and compliance activities as required.
• Execution of policy validation and coordinate annual policy compliance
• Build research and analysis skills to develop and implement compliance activities, issues remediation and policy recommendations

What you bring:

• Minimum 2 years of office experience
• Ability to build strong relationships externally and internally with people from all levels to help foster a positive risk management culture.
• Strong organizational and analytical problem-solving skills.
• Strong verbal and written communication skills.
• Proficient in Microsoft office products
• Basic financial / accounting audit knowledge
• Basic knowledge of risk management activities, and policy development

Did you know?

• We care about our co-ops: Definity’s co-op students are considered the best pipeline of talent for our full-time, permanent positions.  
• We care about students: Definity distributes $85,000 in scholarships to students across Canada each year.  
• We care about our community: Definity donates more than $1 million every year to causes that drive true change in the neighborhoods in which we live and work.  

What can Definity offer you?

• Meaningful work forwarding our purpose of building a better world by helping our clients and communities adapt and thrive in their hardest times of need. 
• Culture of accountability, empowerment, and collaboration. 
• Opportunities to support personal and professional growth through real-life experience and unique learning opportunities. 
• Opportunity to join our employee groups - focused on women's empowerment, LGBTQ+, anti-racism and cultural equity, and environmental activism 
• Determined to create positive change for our environment, our people, and our communities, now and in the future. Check our ESG work! 

The hourly compensation for the role starts at $22/h and will increase based on factors including but not limited to, skills, education, experience, and the recommended rates as set by the respective educational institution.

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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