Analyst, Product & Underwriting - Personal Insurance - Fall 2026 Co-op

Definity Insurance Company • Waterloo, ON

55d • Hybrid

About The Position

This co-op placement is for a Fall 2026 term, lasting 4 months. The role involves supporting new and existing product research and design within the Chief Underwriting Office. The company, Definity, offers rewarding work and real-life experience, valuing contributions, creativity, and energy. They aim to provide a supportive team environment and take care of their people, including co-op students.

Requirements

• University Degree or College Diploma
• Completion or working towards CIP or CRM designations
• Exceptional analytical, problem-solving and time-management skills
• Must possess strong working knowledge of Personal Lines auto and/or property products
• Skilled communicator, verbally and written
• Exceptional ability to manage stakeholder needs, utilizing conflict resolution and negotiating skills when necessary
• Ability to remain organized while under pressure and juggling multiple projects
• Must possess strong knowledge of Microsoft applications (Excel, Powerpoint, etc.)

Nice To Haves

• Experience in an Underwriting decision-making role in Personal Insurance is an asset
• Guidewire Policy Centre knowledge is considered an asset
• Preference given to those with experience handling regulatory filings and product updates
• Preference will be given to Bilingual candidates (French & English)

Responsibilities

• Maintain systems' rate file and Product manuals.
• Validate that changes are implemented correctly and in a timely manner.
• Conduct demographic and other consumer research to understand the needs of consumers for product development initiatives at the direction of the Manager.
• Perform complex analyses using MS Excel, and Third-Party Software.
• Develop and maintain competitor databases for product features and underwriting criteria analyses.
• Develop and maintain forms and policy wordings for associated products.
• Assist in monitoring the performance of the portfolio against the operational plan and reporting findings and recommendations to the Manager.
• Support and direct the Product and Underwriting Initiatives.
• Research, analyze, and present findings/recommendations at the sub-committee level.
• Prepare Stakeholder Communications.
• Review regulatory reforms and provide direction to the sub-committee, branches and management.
• Provide subject matter expertise to aid in requirement building.
• Seminar attendance at the Leader’s request.

Benefits

• Opportunities to support personal and professional growth through real-life experience and unique learning opportunities.
• Leadership Essentials program builds knowledge and skills to Team Leaders to Directors
• Opportunity to join employee groups focused on women's empowerment, LGBTQ+, anti-racism and cultural equity, and environmental activism.

What This Job Offers

• Career Level: Entry Level
• Education Level: Associate degree