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.

Reporting to the Manager – Climate Change, Corporate Actuarial, the Climate Risk Analyst will support Definity’s Climate Center of Excellence (COE) by monitoring exposure natural catastrophes, modelling the physical and economic impacts of climate change on insurance and investment portfolios, and contributing to climate‑related regulatory reporting. The role collaborates closely with ERM, ESG, Finance, Claims, Pricing, Underwriting, and Reinsurance to advance climate and catastrophe-related risk initiatives.

What can you expect in this role?

Support catastrophe/climate change initiatives such as monitoring, researching impacts of various perils (e.g.: Flood, Wildfire, etc.) on business operations
Assist with the strategic goals of the company such as limiting catastrophe risk and assessing viability of business decisions from a Risk Management standpoint
Support the regulatory reporting related to catastrophes & climate change
Collaborate with other Actuarial teams such as Reserving, Planning, Pricing, and Analytics to solve complex problems and provide recommendations to management
Work with external departments such as ERM, ESG, Claims, Finance & Reinsurance on joint projects
Identify opportunities for process efficiencies, and recommend changes

What do you bring to the role?

University degree in Mathematics/Statistics, Environmental Science, Actuarial Science, or related field
2–5 years of relevant experience in an analytics‑focused role. Experience in catastrophe modelling, GIS, or climate risk assessment would be an asset
Experience with scientific programming (Python/R), spatial analytics (GIS), machine learning, databases, cloud analytics, and data visualization tools[DC1]
Strong communication, organizational skills, and attention to detailAdaptability and the ability to work effectively in a fast‑paced environment

Salary Range : $51,300 - $94,400

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).

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