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Job Title: Analyst – Finance, Insurance & Risk

Department: Finance - Remote Position

Reports To: Director, Treasury

Summary:

The Analyst – Finance, Insurance & Risk is responsible for the day-to-day operations of AutoCanada's Insurance and Risk programs. This role ensures the organization has comprehensive and cost-effective insurance coverage to mitigate risks across all its dealerships and operations. The role also aids in the organization's risk management program.

Key Responsibilities:

• Insurance Program Management:
  • Maintain a comprehensive insurance program that aligns with AutoCanada's risk appetite and business objectives.
  • Day-to-day oversight of a diverse portfolio of insurance policies, including but not limited to Automobile, Property, Liability, D&O, and Cyber.
  • Analyze existing insurance coverage to identify gaps and recommend enhancements.
  • Assist the Director, Treasury, to negotiate with insurance brokers and carriers to secure optimal premiums and coverage terms.
  • Stay informed on industry trends, best practices, and regulatory changes in the insurance landscape.
• Risk Management:
  • Collaborate with operational leaders to identify and assess potential risks across all areas of the business.
  • Develop and implement risk mitigation strategies to minimize insurance claims and losses.
  • Help facilitate regular risk assessments and audits with insurance providers to ensure the effectiveness of insurance programs.
• Claims Management:
  • Oversee the entire claims process, from initial reporting to final resolution.
  • Develop and implement claims management procedures to ensure efficient and timely resolution of claims.
  • Manage relationships with claims adjusters and other claims service providers.
  • Analyze claims data to identify trends, root causes, and opportunities for loss prevention.
• Fraud Management:
  • Develop and implement fraud prevention strategies related to insurance claims.
  • Implement controls to mitigate fraud risks, such as employee training and awareness programs.
  • Stay informed about emerging fraud trends in the automotive industry.
• Financial Management:
  • Develop and manage the insurance budget, ensuring cost-effectiveness and efficiency.
  • Analyze insurance expenditures, identify cost drivers, and implement cost-saving measures.
  • Prepare reports and presentations for senior management on insurance program performance.
• Compliance and Reporting:
  • Ensure compliance with applicable insurance regulations and contractual requirements.
  • Maintain accurate records of insurance policies, claims, and related documentation.
• Relationship Management:

  • Build and maintain strong relationships with insurance brokers, carriers, adjusters, and external legal counsel.

  • Collaborate effectively with internal departments, including operations, finance, legal, and human resources. Provide guidance and support to dealership management on insurance-related matters.

Qualifications:

• Post-secondary education in Business Administration, Risk Management, Accounting, or a related field.

• Insurance professional designation (in progress), such as a Chartered Insurance Professional (CIP) or Canadian Risk Management (CRM) is required.

• Professional designation in progress, such as Chartered Professional Accountant (CPA) or Certified Fraud Examiner (CFE) is an asset.

• Solid knowledge of insurance policy wordings, insurance program design, industry standards, risk management best practices, and contract law.

• Proven ability to analyze risks, negotiate insurance contracts, and manage claims.

• Experience in fraud investigation and prevention, or handling crime insurance claims, is highly desirable.

• Excellent communication, interpersonal, and presentation skills. Strong analytical and problem-solving abilities.

The Perks.

• Competitive Compensation and Benefits Package
• Employee Vehicle Purchase & Service Plans
• Employee and Family Assistance Programs
• Company-wide appreciation events and contests throughout the calendar year Professional development and the opportunity to grow your career

And those are just the basics. We strive every day to create a workplace culture that embraces diversity and inclusivity, ensures fairness and equal opportunities, and fosters a sense of belonging for all Team Members. As an equal opportunity employer, we actively support everyone in expressing themselves and reaching their full potential.

Can you picture yourself here already?

We hope so. It’s equally as important that you choose us as we choose you. Take a sneak peek at what we think makes this one of the best workplaces around.

If you think you’re a good fit to come along on our ride, apply now through our website at www.autocan.ca/careers. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

Our commitment extends to reaching out to individuals from various backgrounds and identities. We do not discriminate based on gender identity, race, national origin, ethnicity, religion, age, sexual orientation, marital or family status, or mental/physical disabilities. AutoCanada is committed to collaborating with and providing reasonable accommodations to individuals with disabilities. If you need accommodation during the recruitment process, please inform your recruiter.