Job Description
YOUR NEXT SUMMER PLACEMENT
Work term: Summer 2026 (May-August)
Work term length: 4 months
From classroom to summer internship to career, every step of your journey has an impact on your future. That’s why it makes sense to choose a 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
- Assist in identifying and assessing potential acquisition targets, as well as other corporate initiatives, for strategic fit and value generation through business case development and financial modeling
- Conduct market analyses, including development and maintenance of industry benchmarking databases and presentations, to identify emerging industry trends and commercial business opportunities
- Support the preparation of financial analysis, including building complex models, assessment of synergies / dis-synergies, valuation analysis, and accretion / dilution
- Assist in the execution of acquisition and divestiture transactions, including due diligence, financial analysis, executive and regulatory approval, transaction documentation, and integration support
- Provide support to other corporate strategic initiatives and ad hoc requests as required
What You Bring
- Currently in at least the second year of a Bachelor’s degree program in business, finance, accounting, economics, engineering, or related field.
- Proficiency in Excel financial modeling and PowerPoint presentation building, with excellent attention to detail
- Demonstrated analytical, problem-solving, and quantitative skills, with a strong understanding of finance, accounting, and valuation concepts
- An innovative and solutions-oriented mindset, open to looking at things differently and creating value where it may not first appear obvious
- Strong written and verbal communication skills, with ability to interact effectively with senior management
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 neighbourhoods 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 out our ESG work !
About Us
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.
Background checks
This role requires successful clearance of a background check (including criminal checks and leadership references).
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.