Financial Analyst - Fall 2026 Co-op/Intern

Definity Insurance Company • Waterloo, ON

20h • Hybrid

About The Position

This is a co-op placement for Fall 2026, lasting 8 months, with a hybrid work setting requiring 3 days per week in the Waterloo office. Definity offers rewarding work and real-life experience, supporting strategic goals and skill development in a team environment. The company is committed to taking care of its people, including co-op students, and has a history of significant achievements. This role provides practical experience through a CPA pre-approved program and mentorship from in-house CPA mentors, aiming to transform potential into successful long-term careers. The co-op student will report to a Finance Manager, receive coaching from Senior Financial Analysts, and collaborate with finance team members and other organizational stakeholders, emphasizing service, quality, and responsiveness. The primary responsibility is to prepare timely, accurate, and complete financial information, analysis, and reports for internal and external customers, while also identifying potential problems, risks, and opportunities for the business.

Requirements

• Must be a full-time student in a Co-Op program related to business, finance, or related program
• High level of proficiency with Excel.
• Goal oriented and highly motivated.
• Strong work ethic and commitment to operational excellence.
• Excellent attention to detail and analytical skills.
• Effective written and verbal communication skills and ability to interact with all levels of the organization.
• Strong time management and organizational skills. Professional, friendly and courteous in all interactions.
• Demonstrate a desire to continuously develop knowledge, skill and expertise.

Nice To Haves

• Working towards a CPA accounting designation would be preferred.
• Insurance industry experience would be beneficial but is not required.
• Knowledge of VBA would be an asset

Responsibilities

• Provide support over the month end close process, including preparing journal entries and general ledger reconciliations.
• Assisting in the preparation of financial reports to meet the timeliness and quality requirements of both internal and external customers.
• Assisting the preparation of regulatory reports (OSFI P&C1, Statistics Canada surveys).
• Creating meaningful ad hoc reports and analysis utilizing the appropriate source data.
• Appropriately prioritizing work to respond to the needs of customers.
• Communicating any potential risks or opportunities to finance customers or the Financial Reporting team.

Benefits

• 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
• 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.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed