Senior Manager, Product, Pricing & Support

Co-operators; Mississauga; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player in financial services is seeking a Senior Manager for Product, Pricing & Support. This dynamic role focuses on ensuring a sustainable and profitable portfolio of products tailored to client needs. You will drive product development aligned with strategic goals while collaborating with cross-functional teams. The ideal candidate will possess a strong background in insurance product development and pricing, coupled with leadership skills to guide teams. Join a company that values innovation and offers opportunities for career growth in a supportive environment.

Benefits

Career Growth Opportunities

Flexible Work Options

Paid Time Off

Health and Well-being Programs

Volunteer Days

Comprehensive Benefits

Retirement Plans

Mental Health Support

Qualifications

• 5-7 years in insurance product development, pricing, or actuarial disciplines.
• Expertise in IFRS-17 impacts and reinsurance treaties.

Responsibilities

• Create product solutions for unique lending needs.
• Monitor portfolio profitability and implement necessary changes.
• Manage creditor reinsurance programs.

Skills

Insurance Product Development

Pricing Strategies

Actuarial Principles

Data Analytics

Leadership

Creative Problem-Solving

Education

Bachelor's Degree in Mathematics

FSA or FCIA Designation

Job description

Join to apply for the Senior Manager, Product, Pricing & Support role at Co-operators

Job Details

• Company: CUMIS
• Department: Product Manufacturing
• Employment Type: Regular Full-Time
• Work Model: Hybrid
• Language: English
• Vacancies: Yes

The Opportunity

We are a leading Canadian financial services co-operative committed to sustainability and resilience. We prioritize our people, fostering a strong culture and development opportunities, enabling our team to thrive and live our purpose. You will work with passionate colleagues dedicated to our clients and communities.

Role Focus

Ensure a sustainable, profitable portfolio of fairly designed and priced products that meet client needs. The team is responsible for the financial health of the line, including IFRS-17 compliance, reinsurance relationships, monitoring, audits, data analytics, and business decisions. The role involves defining, driving, and executing the product roadmap aligned with the 4-Year Plan and making cross-functional business decisions.

Key Responsibilities

1. Create product solutions for unique lending needs, including new client-facing offerings, with adherence to pricing policies and fair treatment standards.
2. Drive product development within the roadmap supporting the 4-Year Plan.
3. Monitor portfolio profitability, expenses, and premiums; implement necessary changes for sustainability.
4. Consult with shared services, stakeholders, and escalate issues as needed.
5. Manage creditor reinsurance programs.
6. Ensure integrity of contractual documents for clients and customers.
7. Participate in industry committees, publications, and events.

Success Factors

1. Innovative mindset focused on operational efficiency and client needs.
2. Critical thinking to evaluate assumptions and propose solutions.
3. Strong communication skills for conveying messages and exploring viewpoints.
4. Ability to build trust and guide colleagues' development.

Qualifications

• 5-7 years in insurance product development, pricing, or actuarial disciplines.
• Bachelor's degree in Mathematics, Actuarial Science, Statistics, or Business/Commerce.
• FSA or FCIA designation.
• Expertise in actuarial principles, IFRS-17 impacts, and reinsurance treaties.
• Leadership skills to manage teams and collaborate across functions.
• Creative problem-solving skills for innovative product solutions.

Additional Information

• Regular travel required.
• Background check as a condition of employment.

Benefits

• Career growth opportunities.
• Flexible work options and paid time off.
• Health and well-being programs.
• Volunteer days and comprehensive benefits including retirement plans, health coverage, and mental health support.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Management and Manufacturing