Senior Financial Analyst, Investments Accounting, Financial Reporting

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.

The Opportunity

Reporting to the Manager, Financial Reporting, we’re seeking a detail‑oriented Senior Financial Analyst to lead period‑end investment reconciliations. You will be the go‑to expert bridging investment operations, custodians, and the general ledger—ensuring our investment portfolio is complete, accurate, and timely for financial reporting.

What to Expect

Reconcile cash transactions and position activity (buys/sells, income, corporate actions) between the investment custodian(s) and the corporate investment tool (Portia)

Work closely with the Investments team to analyze variances, identify root causes, and resolve discrepancies

Prepare and post journal entries (accruals, amortization/accretion, realized/unrealized gains/losses, investment fees)

Reconcile the general ledger to the investment portfolios, ensuring completeness, accuracy, and appropriate cut‑off

Monitor compliance with accounting policies under IFRS

Own month‑end and quarter‑end close deliverables related to investments: reconciliations, financial statement and MDA-related disclosures, variance analysis, and supporting schedules

What you Bring

Completed post-secondary degree, preferably in Accounting, Finance, or related field

Professional designation considered an asset (e.g. CPA, CFA)

Experience with investment accounting/reconciliation, and knowledge of investment products (e.g., equities, bonds, money market; familiarity with derivatives such as futures, options, or FX forwards)

Strong proficiency with Excel

Strong written and verbal communication skills and ability to interact with all levels of the organization, as well as external parties

Strong analytical skills and exceptional attention to detail

Self-starter who can identify opportunities for improvement and execute on them

Proven ability to prioritize multiple tasks and meet firm deadlines

Experience with investment accounting systems (e.g., Portia) considered an asset

Knowledge and experience with IFRS considered an asset

Salary Range: $73,500 - $123,500

High degree of proficiency with English required to service customers, both internal to the company and external, across Canada.

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.

This role requires successful clearance of background checks (including criminal checks and leadership references).

#LI-Hybrid