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Team Leader, Regulatory Reporting

Job ID : 5802
Category : Personal Insurance
Brand : Definity
Regular/Temporary : Regular
Fulltime/Parttime : Full Time
Location : Toronto, Canada

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Definity 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, we’ve 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.

Starting in September, Definity employees move to a hybrid work model so we can collaborate, build mentoring relationships, and solve complex or cross-functional business opportunities together. Our teams work in whichever environment best supports what they're working on and who they're working with. We're actively reinventing our offices as welcoming workspaces that optimize collaboration and empower leaders to use our space to strengthen team dynamics. Our tools and processes seamlessly connect employees from multiple locations, and our culture encourages respectful engagement and flexibility. Leaders work with their teams to determine the right balance of on-site and remote work that best meets the needs of their team, cross-functional engagement, responsibilities and timelines, plus those of our customers, our broker partners, and the company culture.

Team Leader, Regulatory Reporting

  • Reporting into Product and Underwriting the Team Leader, Business Delivery is responsible for leading Regulatory Reporting Analysts to deliver PI initiatives and projects related to statistical reporting requirements
  • Plan, direct and lead the activities of the team to support multiple/complex projects centering around statistical reporting enabling achievement of results and operational excellence and effectively manage the escalation of issues as appropriate.
  • Collaborate with statistical reporting entities, TP providers and other stakeholders to ensure smooth transaction of business   
  • Facilitate cross functional meetings with IT and other business departments to solve problems, obtain feedback and make decisions 
  • Deliver regular reporting requirements with timely actionable output
  • Prioritizes problems of regulatory reporting issues including providing insights into business requirements and testing     
  • Ensure data quality functions are maintained and handled on a timely basis to minimize fines and maximize operational efficiencies. Focus on continuous process improvement within the team and department to maximize efficiencies and opportunities
  • Demonstrate business acumen and excellent communication skills and maintain positive working relationships required to ensure alignment, productivity, and results

What you bring to the role

  • University degree in a related field of study (e.g., Business, Commerce, Math, Economics, etc.).
  • 7+ years of Canadian P&C Insurance experience - preferably with a diverse background  
  • Strong knowledge of regulatory requirements with the ability to communicate relevance and make recommendations and decisions
  • Excellent analytical and critical thinking skills; including the ability to analyze data, draw insights and understand next steps
  • Strong collaboration skills with ability to influence and negotiate with stakeholders
  • Simply and concisely, convey results and recommendations enabling effective decision-making.
  • Effective written and verbal communication and relationship management skills.
  • Creative problems solving abilities
  • Strong organizational skills
  • Extensive experience working with the Microsoft Office products, including PowerPoint and Excel
  • Ability to lead, coach and mentor team 

 

 

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.

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

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).

#LI-Hybrid

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