Senior Financial Analyst Corporate Treasury Toronto, ONT, Canada Trending Definity is the parent company to some of Canadas 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 Canadas leading and most innovative property and casualty insurers. We cant do that without our people, so we embrace and encourage a culture thats 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. Its better here. Senior Financial Analyst Corporate Treasury The Senior Financial Analyst, Corporate Treasury has the unique opportunity to participate in a wide range of activities as part of the Corporate Treasury team of a growing public company, including capital planning, forecasting, effective allocation, and optimization initiatives: What can you expect in this role? Actively participate in treasury activities as a public company, including: Raising capital (debt, preferred shares and hybrid securities, equity, etc.) Analyzing and optimizing cost of capital Shareholder distributions, including dividends and share buybacks M&A due diligence, funding and integration Intercorporate transactions Regularly prepare and present capital management analysis and recommendations to senior leaders and the board of directors Perform risk-adjusted return on capital modeling and make recommendations to senior leaders to help improve financial results Lead the preparation of financial analysis, including building and adapting complex models to address requests from senior leaders, investors, regulators or credit rating agencies Monitor and propose actions to maintain regulatory capital ratios within our target range and ensure they remain in-line with our risk appetite Contribute to the quarterly and annual business plan and short-term forecasting processes by preparing the investment income, balance sheet, cash flow, KPIs and capital forecasts Support the ongoing preparation of capital-related investor relations materials including key messaging on capital management strategy and execution Engage in the annual credit rating process, including preparing management presentations and performing credit rating modeling Work closely with a variety of teams including Corporate Development, Corporate Finance, Legal, Investments, Actuarial, Risk and Reinsurance What do you bring to this role? Completed university degree, preferably in Accounting, Business Administration or Finance CPA or CFA designation (completed or nearing qualification) strongly preferred 3-6 years of finance experience in any of the following areas: financial statement analysis, corporate development, budgeting/forecasting, financial reporting, public accounting, or similar Demonstrated proficiency with Excel and strong financial modeling skills (ideally practical experience) Ability to analyze and understand the implications of business activities on the financial statements; experience with IFRS and public company reporting is an asset Excellent attention to detail and proficient analytical skills Ability to produce clear reports and presentations, including strong working knowledge of PowerPoint Strong written and verbal communication skills and ability to interact with all levels of the organization, including C-level executives Ability to work effectively in a team and independently with minimal supervision Self-starter who can identify opportunities for improvement and execute on them Prior experience in financial services industries in general, and insurance specifically, would be an asset but is not required High degree of proficiency with English and French required to service customers, both internal to the company and external, across Canada. Salary Range: $77,800-129,600 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. This position is being posted to fill an existing vacancy. Interested in this role, but dont meet every requirement? We encourage you to apply! We know from experience that a candidate doesnt need 100% of the qualifications listed to bring incredible value to our team. Were actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity arent just nice to have theyre essential to our success. Whats in it for you? Company share ownership program Incentive Program - 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. 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 Go ahead and expect a lot you deserve it. Its better here but dont 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 [email protected]. Background checks This role requires successful clearance of background checks (including criminal checks and leadership references). #J-18808-Ljbffr
Job Title
Senior Financial Analyst – Corporate Treasury