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Co-operators

Senior Manager, Pricing & Product Support - Wealth Management

Posted 2 Days Ago
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In-Office
4 Locations
Senior level
In-Office
4 Locations
Senior level
Lead the Wealth Management Pricing & Product Support team, developing pricing models, analyzing financials, and managing staff while ensuring quality and compliance with regulations.
The summary above was generated by AI

Company: CLIC
Department: Pricing & Product Support
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: 


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.

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.


How you will create impact: 
  • 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

To join our team:  
  • You are a Fellow of the Canadian Institute of Actuaries (FCIA) designation
  • You have at least 5 years of related progressive experience in this or a similar role. People Leader experience will be an asset
  • You are proficient with GGY AXIS software and Microsoft Office
  • You have a strong problem solving, analytical and decision-making skills
  • You have excellent organizational and time management skills
  • You have general management skills including finance, planning, budgeting, scheduling, people management and service delivery
  • Experience in Wealth products and Investment knowledge will be an asset

How you will succeed:
  • You build trusting relationships and provide feedback to enable the successful development of your team and colleagues.
  • You foster innovation and continuous improvement with a focus on client experience.
  • You facilitate the adoption of change and create a high-performance culture through alignment of your team’s work with organizational goals.
  • You successfully convey messages and demonstrate openness to exploring alternative points of view.
  • You use critical thinking to guide decision making.

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.

 

Expected salary range $114,021 - $164,021+

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.​​

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.

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HQ

Co-operators Guelph, Ontario, CAN Office

101 Cooper Dr, Guelph, Ontario, Canada, N1C 0A4

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