Manager, Operational Expenses

Definity Financial$88K — $138K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in Business, Accounting, Economics, Finance, or related field with CPA designation required.
  • Minimum 5 years of experience in Financial Planning & Analysis (FP&A) and expense management.
  • Strong expertise in financial modeling, budgeting, and forecasting.
  • Proven ability to partner with senior leaders and deliver financial insights.
  • Exceptional communication and stakeholder management skills.

Responsibilities

  • Lead operating expense planning, forecasting, and budgeting for Personal Insurance.
  • Monitor expense performance, trends, and risks, providing insights to leadership.
  • Partner with finance and business leaders for accurate reporting and planning.
  • Develop dashboards and metrics to track operational performance.
  • Drive expense optimization and identify cost-saving opportunities.
  • Serve as a trusted advisor on expense management and business performance.
  • Coach and develop the Expense Planning & Analysis team.

Benefits

  • Hybrid work schedule for most roles.
  • Company share ownership program.
  • Pension and savings programs with company-matched RRSP contributions.
  • Paid volunteer days and company matching on charitable donations.
  • Educational resources and tuition assistance.
Full Job Description
Job Description

The Opportunity
Reporting to the Director, Personal Insurance Operational Planning & Analysis, the Manager, Operational Expense Management plays a critical role in leading the centralized expense planning, forecasting, performance management, and expense optimization across the Personal Insurance business. The role is accountable for overseeing the consolidated Personal Insurance expense portfolio, including Family Insurance and Petline, while serving as a trusted advisor to the senior leadership team.

What to Expect
• Lead operating expense planning, forecasting, budgeting, financial modelling, and scenario analysis for Personal Insurance.
• Monitor and report on expense performance, trends, variances, risks, and opportunities, providing insights to senior leadership.
• Partner with Finance and business leaders to ensure accurate expense allocation, reporting, and workforce planning.
• Develop dashboards, scorecards, and performance metrics to track operational and financial performance.
• Drive expense optimization, productivity initiatives, benchmarking activities, and the realization of cost-saving opportunities.
• Serve as a trusted advisor to leadership on expense management, financial trade-offs, and business performance.
• Lead governance, reporting, and continuous improvement initiatives across planning, forecasting, and analytical processes.
• Coach and develop the Expense Planning & Analysis team, fostering a high-performing and collaborative culture.

What you Bring
• University degree in Business, Accounting, Economics, Finance, or a related field, with a CPA designation required.
• Minimum 5 years of progressive experience in Financial Planning & Analysis (FP&A), expense management, forecasting, budgeting, and business performance management.
• Strong expertise in financial modelling, budgeting, forecasting, workforce planning, and operating expense management.
• Proven ability to partner with senior leaders and executives, providing financial insights that support strategic decision-making.
• Exceptional communication, presentation, and stakeholder management skills, with the ability to influence and build credibility across the organization.
• Advanced proficiency in Microsoft Excel and PowerPoint, with the ability to develop impactful analyses, reports, and executive-level presentations.
• Strong analytical and problem-solving skills, with a track record of translating data into actionable business recommendations.
• P&C insurance industry experience is considered a strong asset.

Salary Range: $88,000-138,000

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.

#LI-Hybrid

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.

About Definity Financial

Definity Financial Careers

Joining Definity Financial presents an unparalleled opportunity to become part of a leading team of professionals in the financial services industry. This is a prime time for candidates to explore the diverse job opportunities at Definity Financial, a company renowned for its commitment to innovation, leadership, and professional growth.

Explore Career Opportunities

Definity Financial is actively seeking talented individuals for various positions across the company. From entry-level roles to senior leadership positions, Definity Financial offers a dynamic work environment where career growth is encouraged and supported by comprehensive benefits and diversity training programs.

Innovation and Professional Growth

At Definity Financial, innovation isn't just a buzzword; it's the cornerstone of the company's operations. Employees are encouraged to bring fresh ideas and perspectives to the table, driving the company forward in the competitive financial sector. Professional growth is facilitated through targeted training programs, leadership development opportunities, and active networking events that connect employees with industry leaders.

Cultivating a Diverse and Inclusive Culture

Definity Financial is committed to fostering a diverse and inclusive culture where all team members feel valued and respected. The company believes that diversity fuels innovation and enhances the team's ability to address client needs effectively. Through comprehensive diversity training and inclusive hiring practices, Definity Financial ensures that all employees have the opportunity to succeed.

Internship Programs and Entry-Level Positions

For those starting their careers, Definity Financial offers robust internship and entry-level positions that provide hands-on experience in the financial sector. Interns at Definity Financial gain invaluable insights into the industry, working alongside seasoned professionals and participating in projects that have real-world impact.

Benefits and Employee Well-being

Employees at Definity Financial enjoy a range of benefits designed to support their health, well-being, and financial security. The company's benefits package includes health insurance, retirement plans, and flexible working arrangements, ensuring that employees can balance professional and personal commitments effectively.

Join the Definity Financial Team

Definity Financial is hiring! Explore open positions that match your skills and interests. The company is looking for passionate, curious, and solution-driven team players. Whether you are refining your resume, preparing for an interview, or seeking to advance your career, Definity Financial offers a supportive environment where your ambitions can take flight.

Stay Connected with Definity Financial Careers

Stay informed with career tips, insider perspectives, and industry-leading insights from Definity Financial. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Definity Financial.

SEARCH DEFINITY FINANCIAL JOBS

READ CAREERS BLOG

JOB ALERT EMAILS

Embark on a journey with Definity Financial, where employment is not just about a job but about building a career with a company that values innovation, leadership, and diversity.
Learn more about Definity Financial

Similar Jobs

More Jobs at Definity Financial

More Finance & Insurance Jobs

Find similar Manager, Operational Expenses jobs: