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Assistant Chief Economist and Head of Data Analytics

Assistant Chief Economist and Head of Data Analytics

Insurance Bureau of Canada Toronto ON Closing: 31/07/2021

SUMMARY

Located in downtown Toronto and reporting to the Vice-President, Policy Development, the Insurance Bureau of Canada (IBC) seeks a dynamic individual possessing expert economic and financial analysis skills and with proven leadership to become a member of the management team.

An excellent communicator and presenter, you are expert in leading and applying quantitative economic, financial and other data analysis to public policy issues. You are familiar with government decision-making processes, particularly as they apply to issues related to the financial services sector. You also have a strong understanding of prudential regulation, having had exposure to financial sector regulation in Canada.

 

OPPORTUNITY

IBC is increasingly called upon for input into public policy issues and fiscal policy. The greater the ability of the organization to proactively develop sound, evidence-based policy related to these issues, the greater its ability will be to help create the business climate necessary for its members’ success.

This role has the key objective of creating and communicating a strong policy and analytical platform from which the organization will launch its advocacy work and defining/building the required capabilities for a best-in-class research and policy organization. The work will not only help shape the future of the IBC, but the industry as a whole.

This important initiative requires an individual who is prepared to be measured against the following accountabilities:

  • In consultation with the senior leadership team and other key stakeholders, develop a strategic economic and financial services policy agenda that advances the industry’s goals and objectives in both the short and long term;
  • Develop and lead a high-performance team of economists, policy experts, data analysts and researchers;
  • Provide and support leadership for IBC’s interactions with senior government officials in the fields of prudential regulation, taxation, and accounting;
  • Motivate and inspire staff to meet organizational objectives;
  • As policy strategist, build and leverage personal reputation to become recognized and sought after as a subject matter expert on economic, regulatory and related public policy issues;
  • Speak frequently at public events and serve as a media spokesperson where appropriate;
  • Identify, research and monitor key issues which might affect the industry’s image;
  • Communicate the industry’s views through the preparation of written policy papers, speeches, briefs, and opinion pieces;
  • Craft and present submissions on behalf of the organization to various external constituencies;
  • Develop and implement creative, effective strategies and tactics to promote the policy agenda with key audiences, including policy makers and opinion leaders;
  • Track and analyze current data and policy progress, and provide strategic guidance and political analysis;
  • Monitor legislative activity and strategize interventions to influence legislation towards a desired outcome;
  • Support IBC’s critical government relations work by coordinating activities closely with the government relations and public affairs disciplines;
  • Partner with regional teams to ensure consistency of policy positioning on a national basis;
  • Forge and strengthen collaborative relationships with other associations, influencers and community groups that also work in the public policy arena.

 

THE CANDIDATE

The ideal candidate will possess the following skills, knowledge, and attributes:

  • An economist with 10 or more years of progressively responsible experience in the development and implementation of comprehensive policy strategies and programs dealing with complex and wide-ranging issues;
  • Strong academic background. Advanced degree in economics or a financial analysis discipline is required;
  • A solid grasp of the financial services landscape in Canada, including prudential regulation (i.e., OSFI), financial services legislation (i.e., Finance Canada) and taxation (i.e., CRA);
  • The ideal candidate is familiar with the following: solvency regulation (i.e., capital and liquidity requirements), accounting standards (e.g., IFRS 17 implementation), the reinsurance framework, sustainable finance and tax policy;
  • Demonstrated success in the coaching, development and overall leadership of a well-aligned team. Intrinsic collaborative approach;
  • Excellent verbal and written communication and public speaking/presentation skills. Ability to tailor communications so that complex messages are conveyed clearly and with impact;
  • Superior analytical skills and judgment. Looks for new opportunities and employs good judgment and rigor before making recommendations;
  • Well-developed influencing and listening skills. Understands the appropriate use of tact and diplomacy when dealing with conflicting points of view;
  • Well-honed relationship-building skills. Comfortable dealing with senior executives and government officials. Credible and personable. Simultaneously self-confident and humble;
  • Ability to create and articulate a vision, and develop and execute supportive strategies and plans for both the short and long term development. Solid business acumen;
  • Outstanding organizational skills combined with the ability to set priorities, manage budgets and meet deadlines;
  • Team player with a big-picture perspective. Ability to see how all of the pieces fit together and contribute to the achievement of broader organizational objectives;
  • Experience working with the issues surrounding the P&C insurance industry would be an asset, but is not a requirement.
Application Instructions

Please send résumé to:

Insurance Bureau of Canada
Contact: Azan Khan
Email: careers@ibc.ca

IBC is committed to providing reasonable accommodations for people with disabilities. Applicants need to make their needs known in advance. This position qualifies under the Employee Referral Program.

IBC is an equal opportunity employer. In addition to a commitment to excellence, IBC is committed to fostering a diverse and respectful workplace and welcomes applications from all identity groups.

Job PDF

Insurance Bureau of Canada - Assistant-Chief-Economist-Job-Description-External