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Data Classification Associate Jobs in Ontario (NOW HIRING)

Volkswagen AG

Actuary and Underwriting Lead

Pickering, ON · Hybrid

CA$100K - CA$138K/yr

Extract and analyze data from data warehouse to enhance underwriting, pricing, reserves, and ... associates in an actuarial capacity and according to VCI vision and mission statement Salary range ...

Leo Pharma

Category Manager -CA

Toronto, ON · Remote

CA$105K - CA$140K/yr

Working closely with the Associate Director of North America, and reporting to the Indirect ... classification and accurate data quality. * Analyzing spend, supplier, and market data to identify ...

Volkswagen AG

Actuarial Lead - Insurance

Pickering, ON · Hybrid

CA$100K - CA$138K/yr

Senior Director, Finance Insurance NAR Role classification: Hybrid Contract: Maternity Leave ... Support development of themselves and other associates in an actuarial capacity and according to ...

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Data Classification Associate information

What are the key skills and qualifications needed to thrive as a data classification associate, and why are they important?

To thrive as a Data Classification Associate, you need strong analytical skills, attention to detail, and a foundational understanding of data privacy and security principles, often supported by a relevant degree or certification. Familiarity with data management systems, classification software, and tools like Microsoft Excel or SQL is typically required. Excellent organizational skills, effective communication, and the ability to work independently under deadlines are valuable soft skills in this role. These skills ensure accurate data categorization, compliance with regulations, and efficient information management within an organization.

What does a data classification associate do?

A Data Classification Associate is responsible for organizing and categorizing data based on its sensitivity, value, and regulatory requirements. They review data sets, apply classification labels, and ensure that information is handled according to company policies and legal standards. This role is essential for protecting sensitive information, supporting data security, and facilitating efficient data management within an organization.

What is the difference between Data Classification Associate vs Data Analyst?

AspectData Classification AssociateData Analyst
Required CredentialsHigh school diploma or equivalent; certifications like CDMP beneficialBachelor's degree in data science, statistics, or related field
Work EnvironmentData management teams, corporate offices, data centersBusiness units, analytics teams, corporate offices
Employer & Industry UsageUsed across industries for data governance rolesUsed in various industries for data analysis and reporting

The Data Classification Associate primarily focuses on organizing and categorizing data to ensure proper data governance, while the Data Analyst interprets data to generate insights and support decision-making. Both roles require familiarity with data management, but their core responsibilities differ significantly.

How do data classification associates typically collaborate with data engineers and analysts within an organization?

Data Classification Associates frequently work alongside data engineers and analysts to ensure that data is accurately categorized and labeled for downstream processes. They often communicate classification standards, resolve ambiguities in data sets, and provide feedback on data quality issues. This collaboration helps maintain compliance with internal policies and external regulations, and supports efficient data retrieval and analysis. Regular meetings and shared documentation are common practices to align on classification criteria and address any emerging challenges.
What cities in Ontario are hiring for Data Classification Associate jobs? Cities in Ontario with the most Data Classification Associate job openings:
Data Classification Associate jobs near you

Actuary and Underwriting Lead

Volkswagen AG

Pickering, ON • Hybrid

CA$100K - CA$138K/yr

Other

Medical, Dental, Vision, Retirement

Re-posted 18 days ago

Job description

Volkswagen Financial Services, a wholly-owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We are committed to supporting the Audi, Ducati, and Volkswagen brands and their Dealers, specializing in providing accessible mobility solutions for its Customers. The company's offerings include Retail Leasing, Retail Financing, Commercial Financing for new and used vehicles, and End-of-Term vehicle disposition.

Brief Role Description

The Actuary & Underwriting Lead plays a pivotal role in shaping the insurance portfolio through expert risk assessment, pricing strategy, and financial modeling. This position blends deep actuarial knowledge with hands-on underwriting leadership to ensure sound decision-making and profitability across insurance products. This role requires a strategic thinker with strong analytical skills, deep insurance knowledge, and the ability to lead cross-functional teams in a dynamic environment.

Position level: 10

Reports: Senior Director, Finance Insurance NAR

Role classification: Hybrid  

Key Responsibilities

Actuarial & Analytical Duties (60%):

  • Understand and provide effective challenge on Pricing and Reserve calculation for Auto Insurance products
  • Collaborate with Risk Management, Accounting, and senior management in establishing adequate loss provisions for Insurance products
  • Engage with CFO, VP of Finance, Chief Risk Officer, Accounting, Risk Management, Brand executives and external auditors to gain acceptance on the loss and reserve forecasts. Provide technical and operational support to auditors to ensure successful audit close
  • Lead enhancements and automation of data structure, integrity, validation, and reporting.
  • Extract and analyze data from data warehouse to enhance underwriting, pricing, reserves, and prediction of future issues and trends.
  • Provide all actuarial inputs for actual and forecast income recognition.
  • Update and report on actual experience compared to forecast and pricing.  Recommend and drive actions to drive on-target results.
  • Support IFRS 17 reporting and analysis.

Underwriting Responsibilities (20%):

  • Develop and implement underwriting guidelines and procedures to ensure consistency and compliance.
  • Collaborate with Front-End Staff, Accounting, Sales, and others to influence acceptability criteria and product structure.
  • Ensure regulatory compliance with insurance laws and internal standards.

Leadership & Strategic Oversight (20%):

  • Lead and mentor analysts, providing training and performance feedback.
  • Set strategic direction for underwriting and risk management aligned with company goals.
  • Implement process improvements to enhance efficiency, accuracy, and turnaround times.
  • Participate in cross-functional initiatives, including sales, claims, and compliance.
Qualification requirements

Education

Minimum Required:

Bachelor's Degree in a quantitative discipline: Statistics, Mathematics, Economics, Operations Research


Experience

Minimum Required:

10+ years minimum with strong background in actuarial science.
At least 5 years working as an actuary in an actuarial role in the Insurance industry.

Desired:

3 years working in Auto Insurance Industry with automobile property and/or breakdown exposures.


Skills

Minimum Required:

Lead and direct the work of others.
Ability to conduct large scale projects and research through all stages: concept formulation, definition of metrics, determination of appropriate methodology, research evaluation and final research report
Specialized ability to communicate highly technical subjects to the senior executives and others who have limited background in mathematics or statistics
Support a robust pricing and/or reserving review process for insurance business, including both standard actuarial techniques and advanced modeling

Preferred:

Ability to build models using open-source software (e.g. R, Python), experience in distributed statistical computing preferred
Personal or commercial auto insurance experience
Excellent Excel skills and strong with SQL
Experience mentoring and/or directing junior team members.
Proficiency in data analysis tools, underwriting software, and statistical packages.
Develop indications and communicate them to Actuarial Management and Senior Leadership
Work collaboratively as a part of the broader Pricing and/or Reserving process
Develop and communicate business analytics to Senior Leadership
Foster innovation within the team and across the broader organization
Support development of themselves and other associates in an actuarial capacity and according to VCI vision and mission statement

Salary range is dependent on factors such as industry-based experience, skills, training, credentials, and other qualifications.  
The salary range for this role is $100,000 - $138,000. Actual pay may vary based on experience, education, and internal compensation practices.

This posting represents an existing vacancy that we are actively seeking to fill.


We offer:

All applications are thoroughly reviewed by our recruitment team, and no artificial intelligence or automated technologies are utilized in the screening process.

Full-time employees of Volkswagen Financial Services enjoy these benefits:

  • Health Insurance Coverage: We provide comprehensive insurance coverage, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services.
  • We offer a flex health benefit program, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services that fits their needs.
  • Retirement Plans & Savings: Planning for the future is important, which is why we offer competitive defined contribution retirement plan at no cost to the employee to help our employees save for their long-term financial goals. In addition, we have a generous savings matching program.
  • Compensation: We believe in recognizing individual contributions and sharing company performance. Our Bonus & Merit Program reinforces a reward and a pay-for-performance culture."
  • Vehicle Leasing Program: Our Vehicle Leasing Program offers employees the convenience and cost savings of leasing company vehicles at discounted rates. Employees and eligible family members can lease up to four vehicles per year.
  • Work Environment: Our workplace sets the standard with its state-of-the-art facility, designed to inspire creativity and productivity. We believe in fostering an environment where our employees feel empowered to do their best work, and our flexible hybrid policy reflects our commitment to accommodating diverse work styles and needs.
  • Floaters Days: We understand the importance of work-life balance, which is why we offer floaters days that can be used at your discretion for personal reasons or to recharge. We've included these days to be inclusive of holidays or celebrations that are that are important to employees. This allows you to commemorate whatever might be important to you.
  • Company Designated Holidays: In addition to offering floaters days, we also recognize the importance of celebrating the holiday season with our team. That's why we designate specific company holidays during the December holiday period, ensuring our employees can enjoy this festive time. *Schedules may vary depending on the specific needs of certain parts of our business.
  • Wellness Programs: We care about the holistic well-being of our employees, which is why we offer various wellness programs designed to promote physical, mental, and emotional health. These may include discounted gym memberships, mental health resources, and more.
  • Tuition Reimbursement: We offer this program as part of our commitment to employee development. This benefit supports continued education by covering approved course expenses, fostering both professional growth and long-term career advancement.

Volkswagen Financial Services is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability or any other characteristic protected by federal, or local laws.

Only shortlisted candidates will be contacted.

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