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The Regulatory Affairs Department at ICBC is seeking a Regulatory Advisor to join the team. This is an exciting opportunity to work across the entire organization and lead a vital function for the corporation as the conduit to the BC utilities commission. You will be working on team of professionals tasked with preparing regulatory submissions that ensure we are transparent in proposing Basic rate changes that are adequate, efficient, just, and reasonable for British Columbians. If you enjoy learning, interacting with people and delivering on important deliverables this is the job for you to consider.
Specific Accountabilities
Provides regulatory advice, facilitation, training, guidelines, research, analysis and planning to executives, senior managers, and witnesses on regulatory issues, deliverables (e.g. filings, information request responses, decision interpretation, correspondence), and implementation of regulatory decisions.
Facilitates the resolution of regulatory issues (including corporate and cross-divisional) to ensure alignment with filing, regulatory and corporate strategies.
Facilitates the development of, prepares and reviews complex regulatory documents, testimony, opinions, correspondence and related documents for major applications and regulatory issues including applications, workshop materials, information request responses, issues analysis and positioning for witnesses, and other internal briefing materials.
Provides direction, guidance and assistance to others participating in gathering, analyzing, and preparing reports and studies for submission to the regulator and/or with a regulatory component.
Soft Skills Requirements
Candidates should be highly organized, with excellent writing skills, have demonstrated critical thinking, strong attention to detail and the ability to make sound judgments.
Strong interpersonal skills and the ability to communicate effectively with key stakeholders at all levels will also be critical to your success.
This position involves working to tight and challenging deadlines and may include extended work hours during regulatory proceedings.
Technical Requirements
Undergraduate degree in Finance, Economy, Statistics, or similar field. Additional certification would be an asset.
Minimum of 6 years' experience in similar roles, preferably working in regulatory or crown corporations, with a matrix reporting line.
Sound knowledge of the regulatory model as applied to ICBC, other regulated utilities, and other insurance and utility regulatory models in other Canadian jurisdictions.
Understanding of the regulatory, social, economic, and political environment in which ICBC operates.
Solid experience in insurance, finance, economics, rates, and rate-making processes.
Demonstrated ability to work with corporate strategies, programs, goals, objectives, corporate business functions and products.
Knowledge of the governing acts and regulations pertaining to ICBC, the regulator and private insurance companies operating in B.C.
About us:
At ICBC, it's our job to make sure the car insurance system works for all British Columbians, today and in the future. If you want to make the most of your skills and expertise while growing your career, we want you. A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. You can expect a competitive salary, comprehensive benefits and a collaborative work environment. If you are reliable and dependable, contact us today to be part of our talented and diverse team as we work together to create an insurance system we can all be proud of.
Work arrangements defined:
Hybrid 8 - you will work a minimum of 8 days per month at your primary in-office headquarters (typically 2 days per week). The remaining days will be remote within British Columbia.
ICBC provides comprehensive benefit coverage to all eligible employees including a defined benefit pension plan and 4 weeks' vacation, plus Wellness Days.
Three options available for your health and dental coverage.
Employee and Family assistance program (wellness support).
Basic group life insurance.
Voluntary group life insurance.
Critical Illness insurance.
Sick leave plan - 100% of pay for a period of a maximum of 8 weeks.
Long term disability plan.
Pension plan - defined benefit pension plan that pays a benefit to you or your beneficiary upon termination, death, or retirement.
Employing a hybrid working model, this role combines on-site in office work with work from home flexibility.
Only candidates legally entitled to work in Canada will be considered for this position.