Insurance Operations Analyst (TOR, ON)
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Job Location:
Monthly Salary:
Posted on:
5 hours ago
Vacancies:
1 Vacancy
Job Summary
Insurance Operations Analyst
Support a high-impact actuarial operations team in the insurance industry managing rate crediting processes and data uploads across multiple systems. This hybrid opportunity in Ontario offers a collaborative environment technical exposure and a strong learning curveideal for detail-oriented graduates or junior professionals.
What is in it for you:
Hourly salary of $28 to $32 based on experience.
6-month contract with the potential for permanent employment.
Full-time position: 37.50 hours per week.
Weekday schedule from 9 am to 5 pm.
Hybrid role: on-site Tuesdays to Thursdays in Toronto or Waterloo.
Overtime may be required depending on business needs.
Responsibilities:
Gather financial inputs such as bond yields FX rates equity index values and stock prices from various sources daily ensuring accuracy and investigating discrepancies.
Run and upload Universal Life crediting rates into administrative systems supporting over $8B in assets under management.
Validate accurate upload of rates across seven administrative systems.
Prepare and publish weekly and monthly marketing materials related to crediting rates for advisor and client portals.
Support manual processes including data gathering rate calculation and reporting for internal and external stakeholders.
Act as liaison for rate-crediting issues and delays ensuring timely resolution.
Assist in training and supporting team members; review and validate their work.
Manage shifting deliverables in a dynamic data environment.
Identify and implement opportunities to improve operational efficiency.
Support vendor management processes.
Perform internal testing and quality assurance to ensure workflow integrity.
Maintain and update departmental documentation procedures and job aids.
Collaborate with stakeholders to solve problems and implement corrective actions.
What you will need to succeed:
A university or college degree in Business Economics Finance Computer Science or Mathematics preferred or equivalent work experience.
1 year of experience in a processing or operations role; relevant internships considered.
Moderate proficiency in Microsoft Excel and Macros.
Ability to work overtime as required.
Strong attention to detail and accuracy under tight deadlines.
Effective data gathering analytical and problem-solving skills.
Strong written and verbal communication skills.
Adaptability to changing business needs.
Ability to work independently or collaboratively.
Strong organizational planning and time management skills.
Experience with SQL VBA or Power Query is an asset.
Background in computer science or exposure to technical systems is beneficial.
Experience in a financial services or insurance environment is a plus.
Why Recruit Action
Recruit Action (agency permit: AP-2000003) provides recruitment services through quality support and a personalized approach to job seekers and businesses. Only candidates who match hiring criteria will be contacted.
# MFCJP
Company Industry
IT Services and IT Consulting
Key Skills
- Sales Experience
- Time Management
- Marketing
- Customer Service
- Communication skills
- Retail Sales
- Business Management
- Outside Sales
- Telemarketing
- Insurance Sales
- Medicare
- Phone Etiquette
