Definity Financial
Portfolio Manager
Definity Financial, Toronto, ON
Job Description
Portfolio Manager, Fixed Income
Reporting to the Vice President, Fixed Income, the Portfolio Manager will be actively involved with portfolio strategy including active management of sector allocation, yield curve and duration positioning and trading for assets totaling $4.0B.
Job Responsibilities
Experience & Education
Skills and Abilities
Salary range: $97,000 - $178,800
About Us
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?
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. In addition to base pay, 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.
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 [redacted].
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#LI-Hybrid
#IND1
About the Team
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.
Portfolio Manager, Fixed Income
Reporting to the Vice President, Fixed Income, the Portfolio Manager will be actively involved with portfolio strategy including active management of sector allocation, yield curve and duration positioning and trading for assets totaling $4.0B.
Job Responsibilities
- Key contributor to the development of fixed income strategies, incorporating economic and business cycle analysis for tactical and strategic trading opportunities.
- Federal/Provincial bond and derivatives trading.
- Portfolio maintenance and implementation of trading strategies.
- Sector exposure analysis and recommendation of trading strategies as opportunities arise.
- Collaborate with the team to assist in the development and execution of bond trading strategies.
- Present strategies and new investment opportunities to the 'Executive Leadership Team' as required.
- Develop and maintain strong working relationships with the investment dealer community.
Experience & Education
- 10+ years' experience in fixed-income portfolio management.
- Business, Economics or Math related degree.
- CFA Designation
- Strong financial modeling skills.
- Proficiency in financial information systems such as Bloomberg/S&P Capital IQ.
Skills and Abilities
- Confidence expressing investment opinions, with excellent written and oral communication skills.
- Independent thinking without merely collating the ideas of others
- Fundamental understanding of derivative instruments to support trading strategies.
- Strong aptitude to work collaboratively within a team, displaying leadership and maintaining strong working relationships with peers.
- Ability to organize, prioritize and accomplish multiple tasks.
- Ability to work in our downtown Toronto offices most days in a stressful and fast paced environment.
Salary range: $97,000 - $178,800
About Us
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
- 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
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. In addition to base pay, 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.
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 [redacted].
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#LI-Hybrid
#IND1
About the Team
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.