As part of our Job of the Week series, we’re pleased to showcase employees’ stories about their career experience and why they love working at Intact. We asked Rachel Schroeder, Senior Reinsurance Consultant, the below questions about her professional journey. We hope you enjoy Rachel’s story!
How long have you been with Intact?
I joined the Intact family through its acquisition of OneBeacon Insurance Group in 2017. I started as an Actuarial Intern at OneBeacon when I was studying Actuarial Science at The University of St. Thomas. I was offered a full time position at the end of the summer and did not hesitate to accept. Throughout my time with the actuarial group at OneBeacon, now Intact Insurance Specialty Solutions, I gained valuable experience through rotations in Reserving and Pricing, as well as non-traditional roles in Corporate Affairs. I now work as a Reinsurance Consultant for IFC’s Reinsurance group, helping to buy our Reinsurance treaties. It’s not uncommon for people across the company to have an actuarial background; many of my team members are credentialed actuaries or have taken some exams. It has always been clear that Intact values actuarial talent; you’ll find actuaries in IFC’s executive team and working in departments such as Marketing, Internal Audit, and Claims.
What do you love about working at Intact?
With 7+ years of experience at the company, I can firmly say that one of the best parts about the company is its recognition of talent and abundance of opportunities. As mentioned, I’ve held several roles with the company working with different teams, now working in a non-traditionally actuarial role within Reinsurance. My colleagues were incredibly supportive in helping me find a role where I would thrive, learn and add value. I find that leadership is open to moving people around the company – between teams, departments and borders in order to maximize engagement. This is made easier with an open-door culture, which allows people to feel comfortable reaching out to colleagues at all levels.
Talk about your experience working with your team.
My favorite part about my role in Reinsurance is my team – many of us are “adoptive children” of Intact, coming from various acquisitions through the years. We may be located across the globe and work in different time zones, but we all come together with the same goal in mind – to purchase Reinsurance, supporting the underwriters, the business leaders, and the actuaries in their roles. It’s an area of the company that can often be overlooked, but it is essential to our operations. I created so many connections in my prior roles in the Actuarial group and Corporate Affairs. Because of that, a lot of people come to me for their Reinsurance questions. It’s gratifying to be able to stay close with my former colleagues and help them better understand our Reinsurance treaties. In addition to my day-to-day work, I have spent the last 4 years heavily involved in Actuarial recruiting and our Actuarial Summer Internship program in the U.S. A significant portion of our newer actuarial talent has come from our summer intern program, so it’s been rewarding to be a part of shaping our department for years to come.
