Product & Pricing SpecialistOverviewAbout Ayr Farmers MutualAyr Farmers Mutual is a financially strong, Policyholder owned and progressive property and casualty mutual insurer with written premiums of over $60 million annually. We offer farm, residential, commercial, marine, and automobile protection, and coverage through a dedicated network of Agents and Brokers. We service the Southwestern Ontario region, and are located in close proximity to Kitchener, Waterloo and Cambridge.Since 1893, the knowledgeable and caring team members of Ayr Farmers Mutual have been providing products and services that provide protection and peace of mind for our Policyholders and the community. What makes us different is our commitment to providing outstanding, personalized customer service. We continually strive to put our Policyholders and our communities first, and to ensure that every individual we serve is treated with fairness and respect.The Company provides training, education, work life balance, wellness opportunities, community contributions and a fun and friendly working environment.Ayr Farmers Mutual is proud of our culture. We live by our core values and genuinely care for one another and our Policyholders. We celebrate our successes and have a supportive work environment that encourages everyone to be their best. Together, we care for and support our members and community to thrive!Product & Pricing SpecialistRole descriptionThe Product and Pricing Specialist plays a critical role in establishing, monitoring and evaluating our competitive position in the insurance market through strategic product development and pricing analysis. Working as part of our Data, Product and Pricing team, this position serves as the facilitator of our product offerings while driving market intelligence, stakeholder engagement, and implementation coordination to ensure our products remain relevant, competitive,
and profitably priced.This position is ideal for an insurance professional with strong analytical capabilities and business acumen who thrives in a dynamic environment balancing strategic analysis with stakeholder collaboration. The successful candidate will combine deep insurance knowledge with project coordination skills to influence our market positioning and financial performance through data-informed product and pricing decisions.Responsibilities:Monitor the insurance market continuously, gathering feedback from agents, brokers, and underwriters to assess our competitive position, identify product gaps, and uncover market opportunities across all linesConduct scheduled analysis of lines of business to assess competitive position, profitability trends, and product relevanceIdentify market opportunities, evaluate product gaps, and recommend enhancements or new offerings aligned with organizational objectivesCollaborate with external actuarial partners to develop pricing recommendations, providing necessary business context and market intelligenceEvaluate proposed pricing changes including financial impact, competitive implications, and potential dislocation effectsProvide detailed business requirements to the technical team for system implementationParticipate in testing of system implementations to verify intended pricing and product offering resultsLead development of communications and training materials about product and pricing changes for internal and external stakeholdersSkills and Experience:Post-secondary education in a related field (or extensive relevant experience) with 3-5 years in insurance product management, underwriting, pricing,
or a similar roleIntermediate to advanced knowledge of property and casualty insurance principles, products, and business processesCIP designation or actively working toward completion is an assetStrong analytical capabilities to interpret market data, assess competitive positioning, and identify trends that inform strategic decisionsStrong business acumen to evaluate financial impacts, assess profitability implications, and understand dislocation effects of pricing and product changesEffective stakeholder management skills to gather and synthesize feedback from diverse groups including agents, brokers, underwriters, and external partnersExcellent project coordination abilities to manage multiple initiatives simultaneouslyStrong communication skills for presenting complex analysis to varied audiences from technical actuarial discussions to executive-level strategic recommendationsPositions available: 1Hiring annual salary range: $85,000-$100,000Why Choose Ayr Farmers Mutual?Together, we care for and support our members and communities to thrive.The opportunity to work with a reputable company that cares about our People, our Policyholders, and the Communities we serve.We offer a supportive learning environment.We invest in your growth and celebrate your achievements.Competitive matching Pension Plan and employer-paid Group Healthcare Benefits Plan, including a Health Care Spending Account.We offer a hybrid working workplace.Dress for your workday flexibility.Accommodation at Ayr Farmers Mutual Insurance CompanyWe are committed to a selection process and work environment that is inclusive and barrier free. Human Resources will work with the applicant and the selection committee to arrange reasonable and appropriate accommodation for the selection process which will enable you to be assessed in a fair and equitable manner.To learn more about Ayr Farmers Mutual, visit our website athttps://www.Ayrmutual.Com/INTERESTED IN APPLYING?Please send your resume to:
[email protected]#J-18808-Ljbffr
📌 Product & Pricing Specialist Ayr Farmers Mutual - C$85,000 - C$100,000 A Year (Kitchener)
🏢 Ayr Farmers Mutual
📍 Kitchener