Assoc Business Rating Analyst

Co-operators General Insurance Company; Guelph; Hybrid; CAD 50,000 - 84,000; Full time

Job summary

Co-operators General Insurance Company in Ontario is seeking a Business Rating Analyst I for a temporary full-time 18-month assignment. The role focuses on analyzing, developing and programming pricing algorithms, testing and documenting rating engines, and resolving pricing issues with systems.

You will collaborate with business partners, validate requirements, and contribute to project scope while ensuring clear communication and strong client service. Hybrid work arrangement.

Qualifications

• Post-secondary degree in Mathematics, Economics, Business Administration, Computer Science or related discipline.
• Having relevant business or systems experience is an asset.
• Having knowledge of algorithmic rating and/or programming experience is an asset.

Responsibilities

• Analyzing, developing and programming business requirements for pricing changes to pricing algorithms, tables and rates.
• Collaborating with stakeholders and contributing to project scope and plans by identifying risks and business impacts.
• Investigating, diagnosing, documenting and retesting simple system defects.
• Providing support to business analysts with online rating systems, calculating and validating premiums, and diagnosing pricing issues.
• Conducting pricing analysis and providing documentation for regulatory rate changes, updating pricing tables, and programming pricing algorithms.

Skills

Pricing analysis

Rating engines

Business analysis

Documentation

Education

Post-secondary degree in Mathematics, Economics, Business Administration or Computer Science

Job description

Company: CGIC
Department: Auto & Home Pricing
Employment Type: Temporary Full-Time (18 months)
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

As the Business Rating Analyst I you will assist in analyzing, developing and programming business requirements, as well as testing, validating, implementing and documenting rating engines. You will collaborate with business partners and provide exceptional client service by examining and resolving pricing issues with rating systems.

How you will create impact:

• Developing, analyzing, documenting and validating business requirements or specifications for requested changes to pricing algorithms, tables and rates.
• Collaborating with stakeholders and contributing to the creation of project scope and plans by identifying risks and business impacts.
• Investigating, diagnosing, documenting and retesting simple system defects.
• Providing support to business analysts with online rating systems, calculating and validating premiums, analyzing and diagnosing pricing issues, and identifying and recommending corrections to rating engines.
• Conducting pricing analysis and providing documentation for regulatory rate changes, updating and validating Actuarial pricing tables, and programming pricing algorithms.

To join our team:

• You have a post-secondary degree in Mathematics, Economics, Business Administration, Computer Science or a related discipline.
• Having relevant business or systems experience is an asset.
• Having general knowledge of Property & Casualty (P&C) insurance, technology, and business analysis is an asset.
• Having knowledge of algorithmic rating and/or programming experience is an asset.
• Proficiency in English is essential to the main duties in this role, including servicing and communicating primarily with majority non-francophone clients, groups, teams. Drafting complex English documents and preparing daily reports for anglophone leaders. The essential non-French duties are not assignable to adjacent or other team members.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options to support personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Volunteer opportunities to give back to your community.

Salary information

Expected salary $50,280.00 to $83,800.00CAD

Salary placement

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.