Operational Efficiency Analyst

Socket.dev; Southwestern Ontario; Hybrid; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Career growth

Total rewards

Volunteer day

Dress for your day

Job summary

Equitable is seeking an Operational Efficiency Analyst in Waterloo, ON, to lead strategic initiatives that redesign processes, improve reporting, and deliver data-driven insights. You will apply Lean Six Sigma methodologies to identify opportunities, deliver measurable improvements, and modernize systems to support business leaders.

Responsibilities include mapping current and future state processes with Visio, designing change management plans, and partnering with Operations to implement

Qualifications

• 3-5 years of experience with process redesign initiatives using formal methodologies.
• University degree in Finance, CS, Data Management, Business Administration, Mathematics, or related field.
• 3+ years of quantitative analysis and data management techniques, preferably in insurance.
• Lean Six Sigma Green Belt certification and commitment to Black Belt.
• Proficiency with Visio or similar process-mapping software.
• Experience developing solutions with Microsoft Power Platform (Power BI, PowerApps, Flow).

Responsibilities

• Identify, own, and implement initiatives to improve operational processes and client value.
• Consult management on business needs and opportunities with recommended solutions.
• Conduct in-depth process analysis and map current/future state processes.
• Develop and execute change management plans as part of process redesign.
• Collaborate with stakeholders to design and map business processes and procedures.
• Define requirements for process changes ensuring client needs are central.
• Partner with Operations to implement improved processes and procedures.
• Analyze operational data insights to spot improvement opportunities.
• Own end-to-end redesign initiatives from opportunity to implementation.
• Apply optimization methodologies to create modernization strategy and plan.
• Lead and coach teams through implementation and change management.
• Provide updates to leadership on initiatives and savings; build dashboards and reports.

Skills

Process redesign

Lean Six Sigma

Data analysis

Stakeholder management

Strategic thinking

Education

Bachelor's degree in Finance, CS, Data Management, Business Admin, Math, or related field

Tools

Visio

Power BI

PowerApps

Flow

Job description

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other.

The Opportunity: At Equitable, our focus is on making a meaningful impact in the lives of Canadians by putting clients at the heart of everything we do. We lead with empathy, act with intention, stay curious, and support one another every step of the way. If you're looking for purpose-driven work in a collaborative and inclusive environment where your voice is heard, and your growth is encouraged we’d love to connect. As an Operational Efficiency Analyst, you will lead strategic initiatives to enhance client and partner experiences by redesigning processes, improving reporting, and delivering data-driven insights. You’ll apply methodologies like Lean Six Sigma to identify opportunities, implement solutions, and drive measurable improvements in operational performance. This role plays a key part in modernizing systems and supporting business leaders with impactful analytics and process transformation.

Join one of the Waterloo Area’s Top Employers for 2025 and Southwestern Ontario’s Top Employers for 2024 and be part of something that matters.

Work Arrangements:

This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

What you’ll do:

• Identify, own, and implement initiatives that improve operational processes, sometimes from initial opportunity identification through to sustained benefits realization to increase quality and client value
• Consult with management on business needs, opportunities, and operational effectiveness, with recommended solutions for process improvements
• Conduct in-depth process analysis and propose how existing processes can be transformed through automation and digitization, leveraging Microsoft Visio to map both current and future state processes
• Develop and implement the change management plan as part of process redesign initiatives
• Consults and coordinates with stakeholders to design and map business processes and procedures
• Defines requirements for new or enhanced process changes, ensuring client needs are central to design solutions
• Work in partnership with Operations to ensure successful implementation of improved or new processes and procedures
• Perform analysis of operational data insights and identify potential opportunities for operational improvements
• Own all aspects of process redesign initiatives – from opportunity identification to creation of new processes and implementation
• Apply process analysis, improvement, and reengineering methodologies and principles to create a strategy and plan for modernization projects
• Develop and execute process redesign implementation plans, leading and coaching business teams through implementation to ensure strong change management
• Provide regular updates to leadership on the status of initiatives and quantified savings achieved
• Build and implement tools (i.e. dashboards and reporting) to support the operational processes

What you’ll bring:

• 3-5 years of experience with process redesign initiatives, using formal process improvement methodologies
• University degree in Finance, Computer Science, Data Management, Business Administration, Mathematics, or related field, or equivalent combination of education and work experience
• 3+ years of demonstrated quantitative analysis, data management techniques, data engineering techniques and processes, preferably in insurance
• Fundamental knowledge of the project management life cycle and change management principles for planning requirements, design, communication, implementation, and evaluation
• Demonstrated ability to apply process analysis, improvement, and reengineering methodologies and principles to identify and implement initiatives to improve operational processes through simplification and automation
• Proven ability to manage stakeholder relationships, from executives to individual contributors
• Strategic mindset with the ability to prioritize business needs and determine the complexity of the process change
• Lean Six Sigma Green Belt certification as a minimum, with commitment to work toward Black Belt certification
• Proficient in use of Visio or similar process mapping software applications
• Highly proficient in developing solutions with Microsoft Power Platform applications, including Power BI PowerApps, and Flow

What’s in it for you:

• Career Growth: Regular learning sessions and developmentopportunities
• Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pensionmatching
• Time Away: Competitive vacation plus one paid volunteer day each year
• Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach.

At Equitable, we’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at [e-mail]. We’re happy to help.

Your base pay will be based on your skills, qualifications, experience and education. In addition to your salary, this role is eligible for a discretionary annual incentive award tied to business performance, plus a wide range of competitive benefits.

If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included.

Reports To: Manager, Operations Enablement
Department: Individual Wealth
Term: Permanent Full-Time

This position is open and we are excited to find the right person to join our team.

As part of the recruitment process, you will need to go through background screening, as per our company policy.