Manager, Auto Pricing

Co-operators; Toronto, Guelph, Quebec; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A leading Canadian financial service organization is looking for a Manager, Auto Pricing in Toronto. This role involves collaborating across teams to lead pricing projects, ensuring profitability in property and casualty lines. The ideal candidate will have extensive experience in the actuarial field and a strong understanding of pricing principles. Flexible work options and comprehensive training programs are offered to support career growth and enhance the workplace culture.

Benefits

Training and development opportunities

Flexible work options

Health programs

Volunteer opportunities

Qualifications

• 3–5 years of relevant experience in property and casualty actuarial field.
• 5 or more years in operations with demonstrated leadership capabilities.
• Expert knowledge of actuarial pricing principles.

Responsibilities

• Provide coaching and feedback to team members.
• Build and implement detailed project plans for rate changes.
• Lead individual contributors in various programming and modeling.

Skills

Coaching and guidance

Analytical mindset

Actuarial pricing knowledge

Leadership capabilities

Education

Post-secondary degree in actuarial science, Mathematics, Statistics or related discipline

Tools

Actuarial models

Job description

Company: CGIC
Department: PL Home and Auto
Employment Type: Temporary Full-Time (10 months)
Work Model: Hybrid
Language: English is required, French is an asset.
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.

Our Home & Auto Insurance team provides financial security to Canadians by offering superior products and services. Our professional, high performing team strives to deliver effective services and evolves product offerings, to address emerging insurance trends and meet the needs of our clients.

As the Manager, Auto Pricing, you will collaborate with business partners to understand their needs and lead complex pricing projects to deliver unique solutions, ensuring the profitability of the property and casualty (P&C) lines of business. You will be required to understand the implications of any proposed changes to the various business units, presenting them with recommendations regarding the pace of the changes and assisting with the implementation of pricing solutions. You will be required to possess a broad level of technical expertise that will enable you to influence leadership in developing the team’s strategy and roadmap. You will support coaching and mentoring activities within the team, promoting engagement through the fostering of a positive and respectful working environment.

How you will create impact:

• Providing coaching and guidance to team members, offering consistent feedback to direct and indirect reports.
• Providing training for direct reports, ensuring resources and tools are available to support their growth and development.
• Building and implementing detailed project plans, including lead rate change projects, as well as the development of various actuarial models.
• Leading and guiding individual contributors who provide expertise on various databases, programming languages and modeling softwares, contributing to Actuarial strategic objectives.
• Upholding professional ethics, values, procedures and policies with regards to pricing models, ensuring the application of model governance principles within the team.
• Understanding the implications of proposed changes to the business units, anticipating potential problems and issues regarding the pace of the changes and the impact on the implementation of approved rates.

How you will succeed:

• You build trusting relationships and provide feedback to enable the successful development of your team and colleagues.
• You foster innovation and continuous improvement with a focus on client experience.
• You facilitate the adoption of change and create a high-performance culture through alignment of your team’s work with organizational goals.
• You successfully convey messages and demonstrate openness to exploring alternative points of view.
• You use critical thinking to guide decision making and apply a strategic mindset to adjust business plans based on shifting priorities.

To join our team:

• You have three to five years of relevant experience in the property and casualty actuarial field.
• You have five years or more experience in the operations field with demonstrated leadership capabilities.
• You have a post-secondary degree in actuarial science, Mathematics, Statistics, or a related discipline.
• You have expert knowledge of actuarial pricing principles, concepts and theories needed, along with a strong understanding of corporate actuarial concepts relevant to pricing (ex. capital allocation, reinsurance, etc.)
• You have the ability to identify and resolve moderately complex business problems.
• You possess an analytical mindset with sound judgment, allowing decision-making in design, testing and reconciling to fit the business need, with resources available, determining long-term impacts and efficiencies.
• Having or willing to complete the ACAS or FCAS designations would be an asset.
• This position primarily works with majority non-francophone groups, and teams located outside of Québec, and requires proficiency in English. The essential non-French duties are not assignable to adjacent or other team members.

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.