Expense Reporting and Analysis Specialist - 9-month contract
About the role
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: accessibility@definity.com .
Background checks
This role requires successful clearance of a background check (including criminal checks and leadership references).
#LI-Hybrid
About Definity
Definity Financial Corporation is the parent company to some of Canada’s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. We focus on making insurance better for our customers, our employees, our broker partners, and our communities.
Our promise to employees is to provide a workplace that’s collaborative, ambitious, rewarding, and empowering. Our inclusive environment provides the space to innovate with colleagues and implement even better ways of doing things. We invest in our employees’ growth and development and help them thrive. With our flexible, hybrid work arrangements, total rewards packages, company share ownership program, and emphasis on work-life balance, it’s better here.
If you’re looking for a career where your perspective and expertise are valued, you’ll find it here at Definity.
La Société financière Definity est la société mère de compagnies d’assurance de dommages parmi les plus établies et innovatrices au Canada, soit Assurance Economical, Sonnet Assurance, Family Insurance Solutions et la Compagnie d’assurance Petline. Definity est dévouée à faire évoluer l’assurance pour sa clientèle, ses équipes, son réseau de courtage et ses communautés.
Nous promettons de fournir un environnement de travail collaboratif, ambitieux, valorisant et stimulant. Notre environnement inclusif vous permet d’innover avec vos collègues et de mettre en œuvre de meilleures façons de travailler. Nous investissons dans la croissance et le perfectionnement de nos gens et les aidons à s’épanouir. Grâce à nos options flexibles de travail hybride, notre programme de rémunération globale, notre régime d’actionnariat et l’accent sur l’équilibre travail-famille, vous évoluerez avec nous.
Si vous souhaitez une carrière où votre point de vue sera reconnu, ne cherchez pas plus loin que Definity.
Expense Reporting and Analysis Specialist - 9-month contract
About the role
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: accessibility@definity.com .
Background checks
This role requires successful clearance of a background check (including criminal checks and leadership references).
#LI-Hybrid
About Definity
Definity Financial Corporation is the parent company to some of Canada’s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. We focus on making insurance better for our customers, our employees, our broker partners, and our communities.
Our promise to employees is to provide a workplace that’s collaborative, ambitious, rewarding, and empowering. Our inclusive environment provides the space to innovate with colleagues and implement even better ways of doing things. We invest in our employees’ growth and development and help them thrive. With our flexible, hybrid work arrangements, total rewards packages, company share ownership program, and emphasis on work-life balance, it’s better here.
If you’re looking for a career where your perspective and expertise are valued, you’ll find it here at Definity.
La Société financière Definity est la société mère de compagnies d’assurance de dommages parmi les plus établies et innovatrices au Canada, soit Assurance Economical, Sonnet Assurance, Family Insurance Solutions et la Compagnie d’assurance Petline. Definity est dévouée à faire évoluer l’assurance pour sa clientèle, ses équipes, son réseau de courtage et ses communautés.
Nous promettons de fournir un environnement de travail collaboratif, ambitieux, valorisant et stimulant. Notre environnement inclusif vous permet d’innover avec vos collègues et de mettre en œuvre de meilleures façons de travailler. Nous investissons dans la croissance et le perfectionnement de nos gens et les aidons à s’épanouir. Grâce à nos options flexibles de travail hybride, notre programme de rémunération globale, notre régime d’actionnariat et l’accent sur l’équilibre travail-famille, vous évoluerez avec nous.
Si vous souhaitez une carrière où votre point de vue sera reconnu, ne cherchez pas plus loin que Definity.