Senior Analyst, Policy & Compliance

Definity Financial; Toronto; On-site; CAD 58,000 - 107,000; Full time

Job summary

A financial services company in Toronto is seeking a Senior Analyst, Policy & Compliance. This role supports the Regulatory & Policy Compliance Management Frameworks for Personal Insurance and Claims. The ideal candidate has 3–5 years in regulatory compliance and a relevant Bachelor's degree. The position offers a salary range from $58,100 to $106,900.

Qualifications

• 3–5 years of experience in regulatory compliance, policy development, or governance.
• Understanding of regulatory frameworks impacting insurance or financial services.
• Strong analytical skills and attention to detail.

Responsibilities

• Maintain and enhance the Regulatory & Policy Compliance Management Frameworks.
• Monitor legislative and regulatory changes.
• Provide guidance and training on compliance requirements.

Skills

Regulatory compliance

Policy development

Analytical skills

Attention to detail

Effective communication

Education

Bachelor’s degree in business administration, law, risk management or related field

Job description

As a key member of the Governance team (Line 1B), the Senior Analyst, Policy & Compliance will report into the Manager, Policy & Compliance to support the execution and oversight of the Regulatory & Policy Compliance Management Frameworks for our Personal Insurance and Claims business units. This role ensures alignment with corporate policies, legal requirements, and regulatory standards, while fostering a culture of compliance and continuous improvement.

Overview

Overview and purpose of the role are described above.

Responsibilities

Regulatory & Policy Compliance Support

• Contribute to the maintenance and enhancement of the Regulatory & Policy Compliance Management Frameworks, including execution of the frameworks and managing supporting tools.
• Monitor legislative and regulatory changes, assess potential impacts, and assist in clearly communicating compliance requirements to relevant stakeholders.
• Collaborate with Legal and Enterprise Risk teams to support the implementation of corporate policies aligned with compliance obligations.
• Assist in the development, implementation, and maintenance of department-specific policies (e.g., Claims, Underwriting) in partnership with business units.

Compliance Advisory & Reporting

• Provide guidance and training to business units on regulatory & policy requirements, interpretation, and compliance best practices.
• Support regulatory reporting activities to ensure accurate and timely submissions.
• Coordinate the collection of information in response to regulatory inquiries. Investigate compliance incidents and support remediation efforts.

Compliance Monitoring and Testing

• Plan and execute compliance testing activities.
• Analyze findings and recommend solutions to address compliance gaps.
• Contribute to periodic reporting on the overall state of regulatory & policy compliance to senior management.

What You Bring to this role:

• Bachelor’s degree in business administration, law, risk management, or a related field.
• Minimum 3–5 years of experience in regulatory compliance, policy development, or governance, preferably within the P&C insurance or financial services industry.
• Solid understanding of legislative and regulatory frameworks impacting insurance or financial services operations. Strong analytical skills, attention to detail, and ability to communicate effectively across teams.

Salary: $58,100 - $106,900