Financial Specialist, Private Investments

Intact; Montreal; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

A leading company in the insurance sector is seeking a Financial Specialist for its Distribution Financial Strategy team in Montreal. This role involves financial analysis, business development, and building relationships with brokerage partners. The successful candidate will leverage their CPA or CFA designation and extensive experience to contribute to profitable transactions and strategic planning. Join a dynamic team that values diversity and offers a hybrid work model, comprehensive benefits, and opportunities for professional growth.

Benefits

Employee Share Purchase Plan

Flex pension and benefits package

Extra days off

Annual wellness account

Learning and development opportunities

Qualifications

• More than 3 years of relevant experience in financial roles.
• In-depth knowledge of business transactions and M&A.
• Ability to build sound business relationships.

Responsibilities

• Contribute to BFS’s financial transactions and business valuation.
• Analyze information to support development initiatives.
• Support brokers in setting strategic and financial goals.

Skills

Financial analysis

Business development

Communication

Organizational skills

Customer-driven

Education

CPA or CFA designation

Tools

Microsoft Office

Power BI

Job description

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

About the role

We’re looking for a Financial Specialist for our growing private placement team, called the Distribution Financial Strategy (DFS) team.

Context

Given that the majority of IFC’s written premiums are distributed through brokerage firms in Canada, one of IFC’s objectives is to ensure a strong and sustainable brokerage network. To do so, the Distribution Financial Strategy team provides financial support to several firms of different sizes through lending and equity investments, in addition to supporting succession planning and sound investment governance.

Your work will strongly influence Intact’s business growth strategy through profitable transactions. You will contribute to the implementation of sound, creative and customized financial solutions that enable distributor development. People will rely on you to contribute to financial analyses and business proposals, deliver financial solutions that reconcile Intact’s strategic business goals and those of its partners, as well as build sustainable business relationships with existing and future partners in the Broker Financial Solutions (BFS) network. You will also work closely with these partners in their budgeting process and in planning the use of operating funds.

What you’ll do here

• Actively contribute to executing and advancing BFS’s financial transactions, including insurance distribution business valuation, the modelling of financial agreements, the drafting of relevant transactional memos to obtain necessary approvals, and following up on the drafting of relevant legal documents.
• Complete, present and monitor dashboards showing the business performance of these partners and their alignment with their strategic planning.
• Collect, review and analyze information to support development initiatives and propose recommendations.
• Support brokers and agents in setting their strategic, financial and operational goals, focusing on performance, growth and profitability indicators.
• Support team members in the execution of special projects and in their day-to-day responsibilities.

What you bring to the table

• A relevant CPA or CFA designation, or an equivalent combination of education and experience.
• More than 3 years of relevant experience and a track record of successfully using your financial expertise for business development.
• In-depth knowledge of business transactions, M&A, financing, business valuation.
• Extensive experience in financial analysis combined with general legal knowledge and an understanding of the main tax concepts for companies and individuals.
• Proficiency with the Microsoft Office suite and strong financial modelling skills (Excel and Power BI).
• Ability to build sound business relationships (internal and external) using strong oral and written communication skills.
• A passion for excellence in investment (i.e., applying mathematical methods to business issues and designing models to support investing activities, risk management, estimates and credit) and support for investment decisions creating long-term value.
• Initiative, a desire to learn and understand, and a strong interest in working as part of a team.
• Good organizational skills, ability to prioritize your work and manage several files at once.
• Customer- and results-driven, strong sense of ethics.
• For candidates located in Quebec, bilingualism is required considering the necessity to interact on a regular basis with English-speaking colleagues across the country.

LI-Hybrid

What we offer

Our hybrid work model provides the balance between working from home and enjoying meaningful in-person interactions.

Working here means you'll be empowered to be and do your best every day. Here is some of what you can expect as a permanent member of our team :

A financial rewards program that recognizes your success

An industry leading Employee Share Purchase Plan; we match 50% of net shares purchased

An extensive flex pension and benefits package, with access to virtual healthcare

Possibility to purchase up to 5 extra days off per year

An annual wellness account that promotes an active and healthy lifestyle

Access to tools and resources to support physical and mental health, embracing change and connecting with colleagues

A dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs

Inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities

Inspiring leaders and colleagues who will lift you up and help you grow

A Community Impact program, because what you care about is a part of what makes you different. And how you contribute to your community should be just as unique.

We are an equal opportunity employer

At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.

We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.

As part of Intact’s commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.

We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.

If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity. We’ll work with you to meet your needs.

Learn more about our recruitment process and your candidate journey here.

If you are an employee of Intact or belairdirect