P&C Product Business Analyst

• Job category: Project / Program Management - Product Development

Department: Dealer Services Status: Permanent, Full Time, Working Conditions: Hybrid, with a minimum of two days in office Location: Vancouver would be preferred but open to candidates across Canada

We are seeking a talented and experienced P&C Product Business Analyst to join our Product Marketing team. This role offers the opportunity to work with a diverse team of professionals and gain in-depth knowledge of products sold through Auto and Recreational Product Dealers across Canada. As a Product and Business Analyst, you will play a critical role in developing, maintaining, and enhancing our Risk Analysis reporting for Sales and Finance, including Loss ratio calculations and Competitive rate analysis. Additionally, you will be involved in product development activities and updates to our in-house sales software.

You will have the opportunity to leverage your analytical skills to drive data-centered business strategies. In collaboration with the Sales teams, you will contribute to the creation of innovative products and data-driven solutions aimed at enhancing Sales and Dealer performance. Your role will be instrumental in supporting the company's growth objectives, improving customer experience, enhancing employee and dealer performance, and reinforcing the organizational foundation of iA Financial Group.

Key Responsibilities:

1. Assist with Monthly, Quarterly, and Annual Valuation files.
2. Create rate files and pricing manuals.
3. Evaluate profitability of insurance and warranty products.
4. Conduct competitive product and rate reviews.
5. Make product recommendations.
6. Review regulatory reporting.
7. Assist with system configuration and maintenance, including testing and deployment of program changes.
8. Collaborate with Product Actuary, Risk Analyst, and Marketing teams.
9. Communicate effectively with Actuarial, Dealer Support, Sales, and IT teams to understand processes and business rules.
10. Suggest and support the development of new products and analytical tools to target different dealer groups.
11. Ensure pricing and reporting accuracy in risk assessment decisions.
12. Maintain documentation on rating decisions and approvals.
13. Make recommendations to improve reporting and automation processes.
14. Prioritize sector needs and consider system constraints.

Qualifications:

1. Bachelor’s degree in Business, Finance, Insurance or related Vehicle Industry experience.
2. Proven experience in product and business analysis.
3. Proficiency in Excel and Access for data analysis.
4. Strong analytical and problem-solving skills.
5. Excellent communication and collaboration abilities.
6. Ability to work effectively in a multidisciplinary team.

What would be an Asset:

1. Knowledge of insurance or warranty products.
2. An accounting or actuarial background.
3. Insurance License.

What iA Offers:

1. We value and encourage our employees to have a good work-life balance and so on top of vacation we offer Personal Leave Days as well as a Wellness Days Program.
2. You know how you best work and our Hybrid Working model allows you to determine what work environment would be most optimal, whether it means working from home or from one of our many offices.
3. To encourage an active and healthy lifestyle, we have a generous Wellness Plan that covers physical activity and wellness expenses.
4. A Medical and Dental plan for our employees and their dependents as well as a Health Spending Account to cover costs not covered by our plan.
5. A Defined Benefit Pension plan to take care of you in retirement.
6. A home office equipment program to ensure that you have the best working environment.
7. Participation in our Share Purchase Plan.
8. Your development and continuous improvement are important to us! We offer an Education Assistance Program to ensure you have the tools and knowledge to grow your career here at iA.

Compensation

The typical hiring range for this position is from $70,000 to $100,000 annually; the base pay offered is based on location and may vary depending on skills, job-related knowledge, experience, and internal equity. All permanent employees of iA are also entitled to an annual bonus.

Invest in your talent by joining our team

See why so many people choose iA!

Company Overview

iA Financial Group is the strength of a company with a human side, with its over 10,000 employees. Together, we have earned the trust of our more than five million clients and 50,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $235 billion in assets, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 130 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we’re invested in you.

Our commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, write to us. Someone from our team will be happy to assist you.