Recruitment posting

Automobile Insurance Rate Board

It is recognized in Alberta as a fundamental principle and as a matter of public policy that all persons are equal. Diversity and inclusion are valued and supported on the boards of Alberta's public agencies.

The President of Treasury Board and Minister of Finance (Minister) is seeking applications from individuals interested in serving as a Public Member on the Automobile Insurance Rate Board (AIRB).

The AIRB was established as a regulatory agency by the Government of Alberta and the Insurance Act in 2004. Accountable to the Minister, the AIRB is responsible for regulating automobile insurance rating programs in Alberta.

Working alongside stakeholders such as the automobile insurance industry, the Consumer Representative and the public, the AIRB reviews and approves automobile insurance rating programs for basic and additional coverage for all classes of vehicles, in accordance with the Automobile Insurance Premiums Regulation.

The AIRB's mandate includes public education and information in matters related to automobile insurance on an ongoing basis. The Board’s decisions are made independently of government, and the Board serves all Albertans —the public, industry and government.

As a member of this part-time board, you will play a key role in reviewing and approving automobile insurance rating programs for coverage of all classes of vehicles. Board members will contribute to an annual review of automobile insurance trends and rates.

Accountable to the Minister, the Board is responsible for the governance of the AIRB, overseeing the management of the AIRB's business and affairs, and guiding the AIRB's strategic direction. Serving as a board member, you will play a stewardship role in and contribute to advancing the public interest and the mandate of the AIRB.

The Board is representative of all Albertans; applications are encouraged from anywhere within the province.

The Minister is seeking applications from candidates who are persons of integrity, respected by their peers, with an outstanding, successful and proven track record in their profession.

Board members will have demonstrated the following:

• Leadership ability and successful senior executive management experience; 
• Experience reviewing and making decisions or advising on highly complex business and/or financial matters;
• Excellent analytical and timely decision-making skills with the ability to critically analyze and discuss complex information and make solid business decisions;
• Strong financial and management knowledge; and
• Well-developed communication skills.

In addition, the successful candidate will exhibit the following core qualities:

• Integrity;
• Accountability;
• Aptitude for fairness, listening skills, and communication;
• Ability to work collaboratively;
• Sound judgment; and
• Analytical ability.

Candidates should also demonstrate experience one or more of the following specialized areas:

• Board governance: prior or current experience as a Board member or executive of a public, private or non-profit organization;
  
• Insurance industry expertise: prior experience as an executive of an insurance company or broker;
• Financial expertise: prior or current financial officer experience in financial accounting, auditing and corporate finance;
• Legal expertise: prior or current experience in tort and insurance law;
• Actuarial expertise: prior or current experience as an actuary with some appreciation of property and casualty insurance;
• Consumer relations: prior or current experience in dealing with consumer and/or community issues. A good communicator with an appreciation for consumer issues;
  
• Risk management: prior or current experience in risk oversight and risk management processes; and/or
• Information Technology: Prior or current experience with managing and implementing information technology. Working knowledge of cyber security, cloud and new technology innovations / solutions. Understanding data and privacy issues in computing.

Identify any specific education, experience or professional/academic designation required.

The remuneration of individuals appointed to the Automobile Insurance Rate Board will be set according to the Schedule 1, Part A of Committee Remuneration Order 466/2007 :

The current rates for Members, other than the Chair, are:

• $164 for up to and including four hours in any day, or
• $290 for over four hours and up to and including eight hours in any day, or
• $427 for over eight hours in any day, spent on the business of the AIRB.

The current rates for the Chair, or Member acting as Chair, are:

• $219 for up to and including four hours in any day, or
• $383 for over four hours and up to and including eight hours in any day, or
• $601 for over eight hours in any day, spent on the business of the AIRB.
  

The travel and expense re-imbursement of individuals appointed to the Automobile Insurance Rate Board will be set according to the Subsistence and Travel Allowance Regulation made by Ministerial Order 1/98, as amended, or any order made in substitution therefor, as though they were employees of the government:

Travel, Meal and Hospitality Expenses Policy

Public Disclosure of Travel and Expenses Policy

Currently there are approximately 10 regular Board meetings per year that last approximately 5 hours each, a Public Annual Review meeting and approximately 10 or more simplified filing meetings that are typically held by conference calls that generally last no more than 1 hour.

In addition to your cover letter and resume, we require a biography. Click HERE to download form.

Once your biography and other required form(s) are completed, save it to your PC. When you hit 'submit application', you will be prompted to upload additional documents. Drag and drop (or upload) your completed cover letter, biography and other form(s) into the 'Drop files below or click to upload' section before clicking the 'apply' button.

Linda Harris, Executive Search Consultant, Public Service Commission, can be reached at Linda.Harris@gov.ab.ca, by telephone at (780) 408-8460 or by fax at (780) 422-0468.

Carefully read the Recruitment Posting and the Position Profile to ensure this is an appropriate opportunity for you. Applicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements.

Online applications are preferred. To apply, click on the 'apply' button, create or sign into your account in the ePAAS system; upload your resume, view the listing under Current Opportunities and click on 'submit application'. The uploaded resume will be automatically attached.

Provide a short 4 line biography using the Biography template found under additional documents section. Your biography should include your name, current work experience, board/committee experience and relevant education. Please note that biographies may be edited for length and clarity.

Once your biography and other required form(s) are completed, save it to your PC. When you hit 'submit application', you will be prompted to upload additional documents. Drag and drop (or upload) your completed cover letter, biography and other form(s) into the 'Drop files below or click to upload' section before clicking the 'apply' button.

If you are unable to apply online, please submit a cover letter and resume, quoting the recruitment posting competition number, to the contact provided on the posting. We thank all applicants for their interest. All applications will be reviewed to assess which candidates' qualifications most closely match the agency's requirements. Only those selected for interviews will be contacted to advance to the next step in the appointment process. You can check the status of each competition on-line at https://www.alberta.ca/public-agencies.cfm.

All potential candidates will be screened for potential conflicts of interest. Please Note: Successful applicants will have the following information about them made publicly available on the Public Agency Secretariat Website: name, biography, public agency, and position title.

Automobile Insurance Rate Board

Insurance Act