Specialist, PI Financial Reporting & Analysis
Apply NowCompany: Definity Financial
Location: Toronto, ON M4E 3Y1
Description:
Job Description
Reporting to the Director, PI Operational Reporting & Analysis, the Specialist, PI Financial Reporting & Analysis is 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. Analyzing financial impacts from business decisions through financial modeling analysis and presenting them effectively in written and presentation format is a critical part of the role. This role is also responsible for supporting divisional performance reporting and providing financial insights to support senior leaders' business decision-makings.
What can you expect in this role?
What do you bring to the role?
Salary Range: $69,000 - $127,000
About Us
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?
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 accessibility@definity.com.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#LI-Hybrid
#IND1
About the Team
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 Reporting & Analysis, the Specialist, PI Financial Reporting & Analysis is 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. Analyzing financial impacts from business decisions through financial modeling analysis and presenting them effectively in written and presentation format is a critical part of the role. This role is also responsible for supporting divisional performance reporting and providing financial insights to support senior leaders' business decision-makings.
What can you expect in this role?
- Develop financial models and pro-forma financial statements to support senior management team on strategic decision makings.
- Support business leaders to project return on investments and articulate the impact on the financials from the implementation of new business initiatives
- Support preparation and act as a peer reviewer to all monthly/quarterly divisional business performance reporting for internal (Board of Directors, senior management) and external stakeholders (investors, regulators, and auditors).
- Support the implementation of special projects and continuous improvements initiatives to strengthen the end-to-end management reporting cycle in Personal Insurance.
- Coordinate the reviews of processes and update documentation periodically to support internal governance activities such as business continuity management and vendor risk management.
- 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
- Professional designation such as MBA, CPA/CFA.
- 4+ years of relevant, full-time experience in financial management reporting and business performance analysis
- Proven financial modeling experience
- Superior written and verbal communication/presentation skills and ability to interact with senior executives and other cross divisional leaders in the organization.
- Knowledge and experience with P&C insurance would be an asset
- Advanced PowerPoint and MS Excel knowledge is required
- Experience with Tableau would be an asset
- Proven record of analytical expertise and excellent attention to detail
- Ability to work in a team or independently with minimal supervision
- Self-motivated and consistently demonstrates an ability to take initiative on any issue
Salary Range: $69,000 - $127,000
About Us
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 accessibility@definity.com.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#LI-Hybrid
#IND1
About the Team
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.