The Rating Analyst is a business and IT facing resource responsible for developing Rating Algorithm and Rates into the system, testing them and coordinating implementation of the same to the production Guidewire Policy Center rating system. The candidate validates Pricing requirements and understands impact of the requirement to the rating and underwriting system. The candidate also works on any project or enhancement that is impacting Premiums and on regular maintenance of rate structure. The candidate will work with Pricing stakeholders to understand, develop, and test Rate Changes according to team processes and best practices. He or she actively collaborates with our Product team, Actuarial pricing team, TS delivery team, Dev-Ops, and Product Owner.
What can you expect in this role?
- Collaboration with business to create requirements when working on a Project and review Actuarial requirements when working on an isolated rate change.
- Perform analysis on the impact of rate change to the Guidewire system and third-party systems.
- Work with Actuarial Pricing to Develop and Test Rate Books (Rate Differentials and Algorithm).
- Collaborative work in a mature Agile delivery team.
- Act as a Subject Matter Expert for business consultation on the Rating system.
- Deliver Rate Changes with accuracy and success from start to finish.
- Follow TS Change and Release management practices and coordinate delivery of Rate Changes to production.
- Lead post-production monitoring to proactively monitor business impacts.
- Support Production by investigating Rating incidents.
What do you bring to this role?
- University Degree or college diploma in Actuarial Science, business, computer science, information systems, or a related discipline.
- Strong technical skills and basic understanding of the P&C industry, Personal Insurance Lines of Business, and Rating Algorithms.
- 1-2 years’ experience in Agile environments.
- Certifications and Accreditations (Guidewire Development, Guidewire business training, Scrum Master, CIP, etc.) nice to have
- Strong communication to effectively communicate with business and technology stakeholders.
Salary Range: $50,200 - $92,500
Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.
What’s in it for you?
- Hybrid work schedule for most roles
- Company share ownership program
- Pension and savings programs, with company-matched 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
Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market. In addition to base pay, eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
Go ahead and expect a lot — you deserve it.
It’s better here — but don’t take our word for it. Definity was named by Great Place to Work ® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [email protected] .
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
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