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Actuarial Specialist

AT TD Bank
TD Bank

Actuarial Specialist

Toronto, Canada

Work Location:
Montréal, Quebec, Canada

Hours:
35

Line of Business:
Data & Analytics

Pay Details:
88 500 $/$88,500 - 132 700 $/$132,700 CAD

This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

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As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

GI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurance's business objectives in compliance with jurisdictional premium regulations. Pricing is a determining component of our home and auto insurance products that cater to direct and affinity markets.

Reporting to the Actuarial Senior Manager, Pricing Initiatives, AMG & Governance, the Actuarial Specialist, Pricing Initiatives, AMG & Governance plays a leadership role in:

  • Participate in Canada-wide pricing rate change or product change initiatives to improve profitability of our auto and home products.
  • Support management team by performing various pricing-related analyses
  • Contribute to GI profitable growth by leading AMG insight and strategy within GI Regional Pricing and Product strategy.
  • Support the monitoring of Affinity groups profitability, including leveraging models, to embed this information into pricing and AMG renewal decisions.
  • Support Request for Proposal submissions in collaboration with AMG.
  • Influence TDI's Risk Sharing Pool (RSP) strategy to maximize profits from cession.
  • Continuous oversight on Pricing Governance and controls.
  • Manage regulatory requests and ensure Pricing abides by regulations for all regions and products.
  • Support the multiple audits (Internal, SOX, FSRA, OSFI, FA, Compliance, and many more).
  • Gain a deep understanding of the various Pricing functions and propose improvements to increase efficiency.

Job Requirements

  • At least 7 years of actuarial experience in Property & Casualty
  • Bachelor degree in Actuarial Sciences or related field
  • FCIA near completion or at least seven Casualty Actuarial Society professional exams (preferred)
  • Excellent knowledge of Excel
  • Proficiency and interest for programming, notably SAS, VBA, R, Python
  • Advanced analytical, decision-making and problem solving skills
  • Client-focused and aptitude for teamwork with solid organizational and communications skills
  • Excellent time management skills with a proven ability to meet deadlines.
  • Autonomous and perseverant; shows initiative and creativity in their work
  • Recognized for their thoroughness and the quality of their work

Who We Are:

As part of TD Bank Group, one of Canada's largest financial institutions, at TD Insurance, we care for Canadian families, making it easy to get the best advice, protection, and support in their moments of need, always.

TD Insurance offers a wide range of products, including General Insurance and Life and Health. More than four million customers count on us.

As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Maîtrise d'une langue autre que le français pour offrir du soutien ou traiter avec des employés ou des collègues qui ont besoin de services et de soutien dans une langue autre que le français.

Client-provided location(s): Toronto, ON, Canada; Montreal, QC, Canada
Job ID: TD_bank-R_1385790
Employment Type: Full Time