Job Description
The opportunity
- Work at the center of strategic growth: Partner with a highly acquisitive Corporate Development team and collaborate cross-functionally with Finance, Investor Relations, Capital Management, and Legal
- Drive real impact: Support Definity’s inorganic growth strategy across carriers, brokers, and new vertical markets
- End-to-end deal exposure: Contribute across the transaction lifecycle, including deal sourcing, due diligence, financial modeling, investment materials, and integration support
- Market insights: Track industry trends and maintain benchmarking tools to support executive decision-making
- Strategic analysis: Deliver insights through credit analysis, KPI reporting, and ad hoc requests from senior leadership
- Join a market leader: Definity completed 10+ acquisitions last year, including one of the largest P&C transactions in the industry
What To Expect
- Evaluate potential acquisition targets and strategic initiatives for fit, risk, and value creation
- Build and maintain complex financial models, including valuation, synergy analysis, and accretion/dilution
- Support execution of acquisitions, financings, and divestitures across structuring, diligence, documentation, and integration
- Monitor Canadian P&C industry trends; develop and maintain benchmarking databases and presentations
- Perform credit analysis and covenant monitoring for broker investments
- Mentor junior team members by providing guidance and technical support
- Support broader corporate initiatives and strategic projects as required
What You Bring
3-5 years of experience in finance, accounting, or related fields; experience in corporate development, investment banking, private equity, or strategy preferred
- Experience in financial services (insurance is an asset)
- Undergraduate degree in finance, accounting, economics, engineering, or a related field with strong academic performance
- Progress toward or completion of a CPA, CFA, or CBV designation
- Advanced Excel and financial modeling skills with strong attention to detail
- Strong presentation and communication skills, with proficiency in PowerPoint
- Solid understanding of financial accounting and the impact of business decisions on financial statements
- Proven analytical and problem-solving skills
- Ability to communicate effectively across all levels, including senior executives
- Experience with S&P Capital IQ and/or MSA is an asset
- Flexibility to accommodate the demands of a transaction-driven environment
Salary Range: $73,500 - $123,500
High degree of proficiency in English is required to service customers, both internal to the company and external, across Canada.
About Us
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 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
- 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.
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@economical.com.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#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.
