Corporate Underwriting – Winter 2027 Co-op/Intern

Waterloo, ON
Hybrid
Posted Oct 16, 2026
1 position

$23 / hour

Opens an external site

Employment type: Internship / apprenticeship, Full-time
Experience level: Entry, Junior · 0+ years
Minimum education: Bachelor’s degree
Posting language: English
Working hours: 40 hours per week

Job summary

The intern will support the Commercial Insurance Corporate Underwriting team by conducting research, gathering data, and assisting with underwriting governance. They will also collaborate with various business partners on projects, process improvements, and the maintenance of underwriting documentation.

Job details

Work term: Winter 2027 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: As a Corporate Underwriting Co-op, you'll support the Commercial Insurance Corporate Underwriting team in maintaining underwriting excellence across the organization. You'll gain exposure to underwriting guidelines, wordings, risk assessment practices, and operational initiatives that support business performance. What can you expect in this role? * Assist with underwriting research, data gathering, and analysis to support decision-making and business initiatives * Support the review and maintenance of underwriting guidelines, wordings, procedures, and documentation * Compile reports and assist with underwriting governance activities * Collaborate with underwriting, product, operations, and other business partners on projects and process improvements * Support presentations, training materials, and communication documents for underwriting teams * Conduct market research and competitive analysis as required * Participate in special projects and other administrative duties assigned by the team What you bring: * Currently enrolled in a post-secondary program in Business, Commerce, Finance, Economics, Mathematics, Risk Management, or a related field * Strong analytical and problem-solving skills, with an interest in understanding business performance and risk * Excellent attention to detail and organizational skills * Strong verbal and written communication skills * Ability to work independently while collaborating effectively within a team environment * Proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint * Curiosity, initiative, and a willingness to learn * Interest in the insurance industry and underwriting is considered an asset 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 [https://www.definityfinancial.com/sustainability/default.aspx]! This position is being posted to fill an existing vacancy. The hourly compensation for the role starts at $22.50 per hour 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 accessibility@economical.com. As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands. Background checks This role requires successful clearance of a background check (including criminal checks and leadership references). #LI-Hybrid 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.

What you’ll do

Requirements

Candidates must be currently enrolled in a post-secondary program in Business, Commerce, Finance, Economics, Mathematics, Risk Management, or a related field. Strong analytical, communication, and organizational skills are required, along with proficiency in Microsoft Office.