Senior Manager, Pricing & Product Support - Wealth Management

Co-operators•Toronto, ON

7d•CA$114,021 - CA$164,021•Hybrid

About The Position

This role serves as the manager of the Wealth Management Pricing & Product Support team. This team handles the development, pricing and product support of all Wealth Management (WM) products for both CLIC and CUMIS individual and group clients with the exception of Mutual Funds. This work directly impacts the financial position of the company. The role works closely with Distribution, Operations and Client Services in support of these products.

Requirements

Fellow of the Canadian Institute of Actuaries (FCIA) designation
At least 5 years of related progressive experience in this or a similar role
Proficient with GGY AXIS software and Microsoft Office
Strong problem solving, analytical and decision-making skills
Excellent organizational and time management skills
General management skills including finance, planning, budgeting, scheduling, people management and service delivery

Nice To Haves

People Leader experience
Experience in Wealth products and Investment knowledge

Responsibilities

Develop, analyze and maintain pricing models and pricing assumptions, utilizing sensitivity & competitive analyses to assess the impact of price on profitability
Ensure Pricing Reports are completed and filed after each pricing exercise is completed
Analyze Wealth Management financial statements and reports, as well as changes within the industry and marketplace for implications to pricing, profitability and operations
Monitor industry trends and benchmarks to stay current with the marketplace and understand the competitive environment through research and competitive comparisons
Assess and work on group annuity quotes and understand the competitive landscape within the pension risk transfer business. Support the implementation process including contracting, client notifications and data reconciliation. Maintain a working relationship with pension consultants
Understand and stay up to date with Pension Regulations and their impact on Wealth products
Support internal departments with actuarial expertise on Wealth Management products
Manage staff workload, oversee work completion and quality, provide guidance and support while ensuring a positive and respectful work environment
Manage performance by ensuring understanding of job and performance expectations, facilitating empowerment, encouraging accountability and providing appropriate rewards and recognition