Analyst, Policy and Compliance

Jobinhalt

Love What You Do

Work is a big part of our lives, so it makes sense to choose a company that offers truly rewarding work. At Economical Insurance®, your contributions, creativity, and energy won’t go to waste . Our passionate culture and pioneering mentality infuse everything we do, which is why our one-million-plus policyholders know we’ll protect their homes, businesses, farms, cars, and pets like they’re our own.

We’re not afraid to see how far we can push the envelope to make insurance better. Our family of companies includes Sonnet, the only Canadian home and auto insurer offering a fully online buying experience, and Petline, the largest Canadian pet insurance company. We’re also preparing to become a publicly traded company, a once-in-a-lifetime career opportunity for everyone who joins our team.

If you’re looking for a company that takes care of its people — and its customers — and has a track record of doing big things, get ready to love it here.

The Analyst, Policy and Compliance, will report to the Manager, Policy and Compliance and will support the Claims department with the implementation, execution and monitoring of our Corporate and Claims policies, frameworks and regulatory requirements to establish a mature compliance culture that promotes compliance with all laws, regulations, standards, and best practices.

This role assists our Claims functions, partners, and leaders in:

• Meeting regulatory requirements
• Developing and documenting current controls
• Building awareness and compliance to Economical standards
• Mitigating compliance risk
  
  

What can you expect in this role?

• Support the development, implementation and management of a comprehensive policy, legislative and regulatory compliance program
• Execute reviews of various Claims business functions against policy and regulatory compliance standards including assessment of internal controls and procedures, reporting results and developing comprehensive action plans
• Assist with the annual regulatory compliance attestation program, including assessment of regulatory objectives, controls, procedures and supporting artifacts
• Participate in various projects pertaining to compliance and business control processes as requested
• Assist with the development of compliance risk metrics/dashboard and preparation of periodic business compliance risk reporting to Leaders and/or Committee as necessary
• Monitor regulatory requirements and changes. Determine legislative interpretation, impact and draft/recommend actions to minimize compliance risk and be a valued business advisor
• Support an effective business compliance partnership program and foster awareness of the company’s policies and procedures through regular touchpoints, training and on-going advisory/consultative support
  
  

What do you bring to the role?

• Compliance experience, preferably in a financial institution, and 2+ years of front-line control Claims
• Business policy, guidelines, manuals drafting experience
• University degree, with a background in business management, finance and/or law
• Achievement or working towards a designation/certification, such as CIP, or Compliance Administration, etc. are preferred
• Previous P&C claims file audit experience or related quality assurance experience within financial services
• function, or P&C experience
• Excellent communication and influencing skills
• Exceptional relationship-building skills to help foster a positive compliance culture
• Team player and adaptable to a changing environment
• Strong organizational and time management skills
• Strong attention to detail and document management experience
  
  

This role requires successful clearance of a background check (including credit & criminal checks)

We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Go ahead and expect a lot — you deserve it.

We Offer

• Competitive salaries, with potential for an annual raise and bonus
• Pension and savings programs, with company-matched RRSP contributions
• Generous time away, including vacation and personal needs days
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Two annual wellness campaigns — participants earn up to $300 each year to spend on almost anything supporting health and work-life balance (think things like spa days, daycare, pet grooming)
• An unlimited employee referral bonus program
• Flexible work schedule
• Discounts on products and services
  
  

How To Apply

To complete the online application process, you’ll need to upload your resume and cover letter in one document. The posting will close at midnight on the deadline date; in order to successfully apply, please ensure your application is submitted by 11:59 p.m. the day before the deadline.

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: hrsharedservices@economical.com .

Visit economical.com to learn more about us and what we’re up to.