Product Specialist - Waterloo, Canada - Definity Financial Corporation

Definity Financial Corporation

Verified Company

Waterloo, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job

ID :
7173

Category :
Personal Insurance

Brand :
Economical

Regular/Temporary :
Regular

Fulltime/Parttime :
Full Time

Location :
Waterloo, Canada

Posting Range :
$55,800 - $102,800

Definity is the parent company to some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance.

Our ambition is to be one of Canada's leading and most innovative property and casualty insurers.

We can't do that without our people, so we embrace and encourage a culture that's collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with.

Bring your true self and be a part of our journey. It's better here.

Internally, this role is called as Analyst, Product & Underwriting.

What can you expect in this role?

Maintain systems' rate file and Product manuals.
Validate that changes are implemented correctly and in a timely manner;
Conduct demographic and other consumer research to understand the needs of consumers for product development initiatives at the direction of the Manager;
Perform complex analyses using MS Excel, and Third-Party Software;
Develop and maintain competitor databases for product features and underwriting criteria analyses;
Develop and maintain forms and policy wordings for associated products;
Assist in monitoring the performance of the portfolio against the operational plan and reporting findings and recommendations to the Manager;
Support and direct the Product and Underwriting Initiatives:
Research, analyze, and present findings/recommendations at the sub-committee level;
Prepare Stakeholder Communications.
Review regulatory reforms and provide direction to the subcommittee, branches and management;
Seminar attendance at the Leader's request.

What do you bring to the role?

University Degree or College Diploma
5 years of experience in an Underwriting decisionmaking role in Personal Insurance
Completion or working towards CIP or CRM designations
Exceptional analytical, problemsolving and timemanagement skills
Must possess strong working knowledge of Personal Lines auto and/or property products, Guidewire Policy Centre knowledge is considered an asset
Skilled communicator, verbally and written
Exceptional ability to manage stakeholder needs, utilizing conflict resolution and negotiating skills when necessary
Ability to remain organized while under pressure and juggling multiple projects
Preference given to those with experience handling regulatory filings and product updates

Go ahead and expect a lot — you deserve it, and we've got it:

Hybrid work schedule for most roles
Company share ownership program
Pension and savings programs, with companymatched RRSP contributions
Paid volunteer days and company matching on charitable donations
Educational resources, tuition assistance, and paid time off to study for exams
Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
Wellness and recognition programs
Discounts on products and services

Background checks
This role requires successful clearance of a background check (including criminal checks and leadership references).

LI-Hybrid