Junior Pricing Analyst

Job Description

LGM is a national leader in providing warranty, finance and insurance services to the Canadian automotive industry. Since 1998, LGM has been successfully supplying quality products and leading training solutions to Canadian franchised new car dealerships. Dealer partnerships are complemented with the strong backing and support of their automotive manufacturing brands, which include BMW/MINI, Kia, Mazda, Volvo, Mitsubishi Motors, Polestar and Motorrad. 

The Work:

Junior Data Analyst - Pricing

Compensation range: $60,000-$77,000 per annum
Job Summary:
The Junior Data Analyst - Pricing is responsible for implementing pricing structures within the organization's systems and gaining a strong understanding of products, processes, and data relevant to pricing and analytics. This role plays a key part in product launches, data validation, and process improvement to support business goals.

Key Responsibilities:
 

• Implement pricing models and rate cards in the company's quoting or pricing system.
• Collaborate on product launches by reviewing and updating pricing-related documentation.
• Conduct validation and testing of pricing systems through User Acceptance Testing (UAT).
• Analyze, reconcile, and maintain data for reporting purposes, recommending improvements for efficiency and accuracy.
• Maintain and update product or category-related guides as needed.
• Develop knowledge of relevant industry trends and best practices.

Qualifications:
 

• Education: Bachelor's degree in Mathematics, Statistics, Computer Science, Actuarial Science, Economics, Business, or related field.
• Experience: Previous experience in programming or related areas is preferred, but motivated candidates with required education qualifications and minimal experience will also be considered.

Skills:
 

• Strong analytical and quantitative abilities.
• Proficiency in Microsoft Excel; experience with data tools like SQL is an asset.
• Excellent attention to detail and problem-solving skills.
• Ability to work independently and manage multiple tasks efficiently.
• Effective communication skills, with the ability to explain technical concepts to non-technical stakeholders.
• Comfortable working under deadlines and pressure.

Key Responsibilities:
 

• Create, update, maintain pricing formulas for each program, and recommend and implement process improvements.
• Actively participate in claims liability analysis, including updating and maintaining analysis files.
• Retrieve and reconcile data to be used for analysis or reporting.
• Learn the data (including format) required for performing different types of analyses, and work with development to ensure data quality and automated data delivery.
• Provide review of analysis done by the Actuary.
• Prepare exhibits to convey pertinent information to SLT, other business units and our OEM partners.
• Support Claims with ad-hoc analysis, and work with Claims to understand their reporting needs in order to recommend an automated solution.
• Explore approaches to problem solving.
• Build understanding of the actuarial function at our company, as well as others.
• Build knowledge of the warranty and P&C insurance industries, and keep current, bringing any relevant news or information forward.

What we are looking for: 
 

• Strong analytical, data and querying skills
• Strong problem solving ability
• Proactive and results oriented
• Ability to work well under pressure and focus on multiple tasks concurrently, meeting tight deadlines and critical deadlines
• Strong communication skills including verbal, documentation and presentation
• Ability to conceptualize and assist in development/enhancements of current processes
• Proficient with MS Office
• Proficient with SQL server
• Strong organization and time management skills
• Work completed under strict deadlines

Education/Experience:
 

• Bachelor's degree in Mathematics, Statistics, Actuarial Science or related discipline
• Passed 1 or more actuarial exams
• Prior actuarial experience is preferred, but exceptional candidates with no experience will be considered.

The Rewards:

 

• We offer a highly competitive compensation package including: comprehensive health benefits plan, Group RRSP, performance bonus, education sponsorship, and four paid days when "giving back" to the community. We also offer a vehicle rebate program.

The People:

 

• Engaged, creative and highly skilled employees are hallmarks to our success. Our employees make this possible with their unwavering commitment to nurturing a culture of innovation and collaboration.

You can learn more about LGM by visiting our website at lgm.ca.

To apply: Please apply online to lgm.ca/employment 

At LGM, our service and innovation builds trust and loyalty.

Come join us!