Assoc Business Rating Analyst

Co-operators; Mississauga; Hybrid; CAD 50,000 - 84,000; Full time

Benefits offered by this job

Training and development opportunities

Flexible work options

Well-being programs

Volunteer opportunities

Job summary

CGIC is seeking a Business Rating Analyst I for a 18-month temporary, hybrid position in Canada. You will analyze, develop and document pricing requirements, test and implement rating engines, and work with partners to resolve pricing issues in rating systems.

Responsibilities include pricing analysis, updating actuarial tables and preparing reports for regulatory changes, with a focus on English-language communication and client service.

Qualifications

• Post-secondary degree in Mathematics, Economics, Business Administration, or Computer Science.
• Knowledge of P&C insurance, technology and business analysis is an asset.
• Familiarity with algorithmic rating or programming is an asset.

Responsibilities

• Analyze, develop and document business requirements for pricing changes.
• Test, validate and implement rating engines supporting pricing.
• Collaborate with stakeholders to resolve pricing issues in rating systems.
• Prepare documentation for regulatory rate changes and update actuarial pricing tables.

Skills

English proficiency

P&C insurance knowledge

Business analysis knowledge

Algorithmic rating knowledge

Programming experience

Education

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

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 $83,800.00 CAD

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.

Incentive/Variable pay

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.