Analyst, Payroll

Analyst, Payroll Waterloo, ONT, Canada 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.

The Opportunity

The Payroll Analyst is a key member of the Total Rewards team, responsible for delivering accurate and timely payroll services that support employees across the organization. Reporting to the Manager, Payroll, this role plays a critical part in ensuring compliance, data integrity, and a seamless employee experience. This role operates in a fast-paced environment, leveraging the Dayforce Payroll platform and integrated systems to manage payroll processes while maintaining the highest standards of confidentiality and professionalism.

What to Expect

• Importing and validating payroll data from Oracle Cloud HCM, benefit providers, and pension/RRSP vendors into Dayforce

• Maintaining and verifying employee data in Dayforce, including hires, terminations, status changes and leaves of absence

• Preparing and issuing Records of Employment (ROE's)

• Auditing and reconciling bi-weekly payroll to ensure accuracy and compliance

• Executing payroll processing in Dayforce, including calculations, validation, and pay cycle completion

• Performing monthly payroll holding account reconciliations and preparing related journal entries

• Preparing and submitting periodic remittances for payroll taxes

• Responding to payroll related inquiries from employees, former employees and external agencies such as the Canada Revenue Agency, Revenue Quebec and Service Canada

• Other duties as assigned

What You Bring

• 2-3 years of payroll experience

• Payroll Compliance Professional (PCP) designation (or in progress), or equivalent education/experience

• Strong working knowledge of payroll legislation and best practices

• Excellent attention to detail and accuracy

• Ability to handle sensitive and confidential information with discretion

• Strong interpersonal (verbal and written) communication skills and ability to communicate with various levels of management

• Inquisitive mindset, with strong analytical and problem-solving skills

• Highly organized with the ability to manage competing priorities

• Experience with MS Office Suite (Excel, Word, Outlook, etc.)

• Experience with Dayforce and Oracle Cloud HCM considered an asset

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.

As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).