Senior Financial Analyst at Definity, Toronto

AI Summary

This Senior Financial Analyst, Corporate Development role at Definity in Toronto involves partnering with the Corporate Development team to drive strategic inorganic growth. Key duties include contributing across the transaction lifecycle, providing market insights, and delivering strategic analysis. Candidates should have 3-5 years of financial experience, advanced modelling skills, and be progressing towards a CPA, CFA, or CBV designation.

The Opportunity

Definity is seeking a Senior Financial Analyst to join their Corporate Development team in Toronto, playing a pivotal role at the centre of strategic growth. This position offers the chance to partner with a highly acquisitive Corporate Development team, collaborating cross-functionally with Finance, Investor Relations, Capital Management, and Legal. The successful candidate will drive real impact by providing essential support for Definity’s inorganic growth strategy across carriers, brokers, and new vertical markets. This role provides end-to-end deal exposure, allowing you to contribute across the entire transaction lifecycle, including deal sourcing, comprehensive due diligence, intricate financial modelling, preparation of investment materials, and crucial integration support. You will also be responsible for tracking industry trends and maintaining benchmarking tools to support executive decision-making. Furthermore, the position involves delivering strategic analysis through detailed credit analysis, robust KPI reporting, and responding to ad hoc requests from senior leadership. Joining Definity means becoming part of a market leader that completed over 10 acquisitions last year, including one of the largest property and casualty transactions in the industry, offering unparalleled experience in a dynamic corporate environment.

Key Responsibilities and Qualifications

In this Senior Financial Analyst role, you will be expected to evaluate potential acquisition targets and strategic initiatives, assessing their fit, risk, and value creation for the company. A core responsibility will be to build and maintain complex financial models, including detailed valuation, synergy analysis, and accretion/dilution calculations. You will provide critical support for the execution of acquisitions, financings, and divestitures across structuring, thorough diligence, documentation, and integration phases. Monitoring Canadian property and casualty industry trends will be essential, alongside developing and maintaining comprehensive benchmarking databases and presentations. The position also involves performing credit analysis and covenant monitoring for broker investments, ensuring financial stability. Beyond these core duties, you will mentor junior team members, offering guidance and technical support, and support broader corporate initiatives and strategic projects as required. Candidates should bring 3-5 years of relevant experience in finance, accounting, or related fields, with a preference for experience in corporate development, investment banking, private equity, or strategy. Prior experience in financial services, particularly insurance, is considered a significant asset. A strong undergraduate degree in finance, accounting, economics, engineering, or a related field with excellent academic performance is required. Progress toward or completion of a CPA, CFA, or CBV designation is also expected. Advanced Excel and financial modelling skills, coupled with strong attention to detail, are paramount. Excellent presentation and communication skills, with proficiency in PowerPoint, are necessary to convey complex financial analysis effectively across all levels, including senior executives. A solid understanding of financial accounting and the impact of business decisions on financial statements is crucial, alongside proven analytical and problem-solving skills. Experience with S&P Capital IQ and/or MSA is an asset, and flexibility to accommodate the demands of a transaction-driven environment is key to success in this strategic corporate role.