Senior Manager, Commercial & Specialty Pricing

Company:
Sovereign Insurance
Department:
Pricing and Analytics

Employment Type:

Regular Full-Time
Work Model:
Hybrid
Language:
English is required, French is an asset.
Additional Information:
This/these role(s) is/are currently vacant

At Sovereign Insurance, a wholly owned subsidiary of The Co-operators General Insurance Company, we believe leadership is shaped by purpose, collaboration, and meaningful contribution. When you grow, we grow — your success crowns ours.

We value diverse perspectives, bold ideas, and people who lift others up. Here, your initiative matters, and your efforts help build the resilience of the Canadian businesses and communities we serve.

That shared commitment strengthens our culture and moves us forward — together. That’s the Crown Effect.

The Senior Manager, Commercial and Specialty Pricing role will serve to provide mid-level management leadership, contributing to Sovereign’s delivery of profitable growth solutions and partner with the broader organization to drive business results using pricing expertise. The position will be a key contributor to departmental decisions and strategies to meet broader organizational financial targets by way of developing rate indications and foundational pricing practices to support the Sovereign Pricing team.

This role will also be accountable for supporting actuarial trend monitoring and PLR analysis, as well as reviewing large accounts and contributing to the development of pricing algorithms.

• Building a high performing, future ready team by setting clear goals, assigning accountabilities, conducting performance reviews, and administering compensation while fostering learning, innovation, and engagement.
• Developing coaching, training, and resourcing plans that support team growth and ensure sufficient capacity to meet business commitments, including organizing meetings, planning sessions, and industry participation.
• Leading the implementation and execution of Sovereign’s pricing strategy, contributing to roadmap development, project prioritization, budgeting, and identifying synergies across processes and lines of business.
• Partnering with Commercial and Farm Pricing teams to ensure pricing models and solutions meet governance, quality, and best practice standards aligned with market and competitive considerations.
• Guiding the development of pricing and rate setting frameworks and overseeing teams that build efficient, maintainable, risk aligned pricing models using advanced analytics and actuarial techniques.
• Leveraging enterprise pricing outputs and applying actuarial tools such as rating plan development and rate level analysis to drive profitable growth, while maintaining strong model governance practices.
• Overseeing the creation of rate filings and engaging with regulators to secure approvals for pricing strategies when required.
• Leading the implementation of pricing solutions across systems and stakeholders, identifying workflow efficiencies, and mitigating downstream impacts to accelerate time to market for new initiatives.

• You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
• You ensure your day to day actions are in harmony with the company’s purpose, vision, and values even when challenged.
• You are open and adaptable to changing conditions with a natural curiosity to explore new opportunities or innovations.
• You value cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.

• Post secondary education with a bachelor’s degree in Actuarial Science, Statistics, Mathematics or a related field.
• Actuarial designation such as ACAS (or equivalent) required.
• 6 - 9 years of pricing experience within insurance products, preferably commercial and specialty lines.
• Minimum 5 years of team leadership experience with proven capability in coaching, developing and empowering talent.
• Strong business and financial acumen with the ability to exercise sound judgment and operate independently in a fast-paced environment.
• Advanced…