Team Lead, Sonnet Pricing

The Economical Insurance Group - Toronto, ON (30+ days ago)

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LOVE WHAT YOU DO

Work is a big part of our lives, so it makes sense to choose a company that offers truly rewarding work. At Economical Insurance®, your contributions, creativity, and energy won’t go to waste. Our passionate culture and pioneering mentality infuse everything we do, which is why our one-million-plus policyholders know we’ll protect their homes, businesses, farms, cars, and pets like they’re our own.

We’re not afraid to see how far we can push the envelope to make insurance better. Our family of companies includes Sonnet, the only Canadian home and auto insurer offering a fully online buying experience, and Petline, the largest Canadian pet insurance company. We’re also preparing to become a publicly traded company, a once-in-a-lifetime career opportunity for everyone who joins our team.

If you’re looking for a company that takes care of its people — and its customers — and has a track record of doing big things, get ready to love it here.

What can you expect in this role?

Reporting to the Pricing Manager, your responsibilities include contributions to pricing projects using state of the art actuarial models and innovative approaches as well as the coaching and mentoring of less experienced analysts. Projects are varied and include development of rating structures and monitoring/reporting on overall rate adequacy. In this role, you will have exposure to rating and product development work in both personal auto and personal property lines, with valuable project leadership opportunities and career development potential.

Key Accountabilities:
Develop knowledge of actuarial operations and the insurance business, including predictive modeling, underwriting, claims handling, and product development;
Develop and apply your experience with database and predictive modeling software to prepare and analyze data for profitability analysis and other diverse applications;
Effectively manage timelines for independent projects and analysis;
Communicate actuarial concepts and make recommendations to management both verbally and in writing with supporting documentation;
Measure, track, and monitor company and industry performance;
Respond to requests of internal and external stakeholders;
Identify opportunities for process efficiencies across business areas;
Perform peer reviews on the technical and qualitative analysis of peers;
Provide leadership and guidance, technical instruction and ongoing feedback to direct reports regarding performance, productivity, work quality, personal conduct and adherence to corporate policies and procedures;
Actively involved in recruiting and retaining experienced Actuarial staff.

What do you bring to the role?

University degree in Actuarial Science or a relevant discipline;

Must have completed a minimum of 6 exams of the Casualty Actuarial Society;

Must have 4 to 7 years of relevant full-time pricing experience with a preference for individuals who have experience managing a small of team analysts;

Must possess strong programming skills, including knowledge of SAS and efficient use of Microsoft applications (Excel, Access, VBA, etc.);

Strong project management, communication and organizational skills with the ability to promote and supervise a team effort toward project completion;

Professional, friendly and courteous in all interactions, whether with customers or co-workers;

Able to perform well in a busy operation and remain calm under pressure;

Strong written and verbal communication skills;

Candidates in Quebec must be fluently bilingual in English and French in order to be successful in this role.

Must possess strong programming and design skills, including in depth knowledge of SAS and Microsoft applications (Excel, Access, etc.).

Go ahead and expect a lot — you deserve it.

We offer:
Competitive salaries, with potential for an annual raise and bonus

Pension and savings programs, with company-matched RRSP contributions

Generous time away, including vacation and personal needs days

Paid volunteer days and company matching on charitable donations

Educational resources, tuition assistance, and paid time off to study for exams

Two annual wellness campaigns — participants earn up to $300 each year to spend on almost anything supporting health and work-life balance (think things like spa days, daycare, pet grooming)

An unlimited employee referral bonus program

Flexible work schedule

Discounts on products and services

HOW TO APPLY

To complete the online application process, you’ll need to upload your resume and cover letter in one document. The posting will close at midnight on the deadline date; in order to successfully apply, please ensure your application is submitted by 11:59 p.m. the day before the deadline.

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: hrsharedservices@economical.com.

Visit economical.com to learn more about us and what we’re up to.