Manager, Rating Quality - Vancouver - Wawanesa

Description

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Working Business Language : This role is considered a head-office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is English. As such, the successful candidate must be fully proficient in English .

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $140,000- $160,000 . Candidates with salary expectations outside of the range are still encouraged to apply.

About Us
At Wawanesa, we're proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC, Moncton, NB; Dartmouth; NS.

The Wawanesa Mutual Insurance Company ("Wawanesa Mutual"), founded in 1896, is one of Canada's largest mutual insurers, with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change. To learn more visit

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Working under minimal supervision, the Manager, Rating Quality is responsible for leading initiatives related to reducing the risk of rating errors.

Job Responsibilities

Lead projects to reduce rating complexity

• Create a vision to simplify complex areas of rating logic, taking a national approach, and ensuring an extensible foundation.
• Develop rating structures, rules, and manuals to align with business goals, soliciting input from multiple areas of the company.
• Ensure solutions are compliant with regulations.
• Develop go-to-market strategies including training and communication to ensure effective implementation.
• Provide oversight of actuarial analysis of insurance rates, rating procedures and rating plans.
• Prepare necessary regulatory filings, ensuring the actuarial practices are consistent with accepted actuarial practice and correctly applied.
• Collaborate with application delivery, underwriting, and regional product and pricing teams to create delivery plans that account for interdependencies between projects
• Collaborate with risk and compliance functions to ensure solutions are independently reviewed and challenged

Develop and champion process changes to close control gaps

• Review and identify process and control gaps in implementing Rate and Product Changes
• Develop procedures to build best practices in developing and handing off system requirements
• Act as a coach and champion to set a high bar for standards across the organization for developed best practices.
• Assist with design and implementation of testing practices to reduce the frequency of rating errors

Leadership

• Manage performance of direct reports inclusive of providing professional and technical guidance, and provide regular performance reviews.
• Perform other duties as assigned

Qualifications

• Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics or other related field of study.
• Extensive knowledge current insurance pricing techniques.
• Extensive knowledge of the Property Casualty insurance industry and insurance operations in general.
• Excellent communication skills both written and verbal.
• Excellent analytical and problem-solving skills with the ability to understand context and its impact on all issues
• Identifies when something needs to be done and initiates action as required
• Adapts to change effectively
• Develops and implements comprehensive plans that bridge complex issues and span across time
• Strong leadership skills with the ability to develop and communicate a vision
• Fellow of the Casualty Actuarial Society an asset

Wawanesa is proud to be one of Manitoba's Top Employers , a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work
Diversity Equity, Inclusion & Belonging
At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to