Associate Regulatory Data Reporting Analyst

Company: CGIC
Department: P&C Insurance Solutions
Employment Type: Temporary full-Time (18 months)
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

As the Associate Regulatory Data Reporting Analyst you will be responsible for ensuring all required statistical plan data is reported, on behalf of the organization, to regulatory bodies based on the mandated requirements. You will play a vital role in analyzing transmitted data, verifying accuracy, and identifying errors. You will be allocated to projects as a Subject Matter Expert of Regulatory Data Reporting, with the responsibility of requirement gathering, analysis, testing, recreates, knowledge sharing and participation in the delivery of fixes. You will collaborate with external regulatory bodies and internal business partners, ensuring regulatory data reporting requirements are met.

How you will create impact:

• Compile and analyze statistical data.
• Compare and evaluate accuracy and compliance of reported data; identify trends and variances.
• Initiate investigation and solutioning on data issues.
• Reconcile variances/discrepancies with reported data as needed.
• Extract and evaluate data using Business Intelligence (BI) tools to draw conclusions and proactively take action as required, in response to regulatory body inquiries.
• Provide data and insight in relation to regulatory data reporting to business partners.
• Gather, analyze, validate, and document regulatory reporting requirements and communicate reporting impacts and risks associated with projects and strategic initiatives.
• Develop test plans, define detailed test cases, conduct user acceptance testing and provide sign off.

To join our team:

• You have 2-3 years of experience in Property & Casualty Insurance Industry or related analytics role.
• You have a diploma or degree in Business, Statistics, Math, Actuarial Science, Data Science or equivalent field.
• Completion of Business Analysis Courses and/or Chartered Insurance Professional courses is an asset.
• You are proficient with Microsoft Office Suite, with Advanced Excel skills.
• You have experience working with data visualization tools such as MicroStrategy.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Salary information​

Expected salary $50,280.00 to $83,800.00 CAD

Salary placement​

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.​

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Incentive/Variable pay ​

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.