Actuarial Analyst II, TD Insurance Analytics and Model Oversight

1 month ago


Montreal, Quebec, Canada TD Bank Group Full time
Work Location:
Montréal, Quebec, Canada

Hours:
35

Line of Business:
Data & Analytics

Pay Details:

We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

KEY ACCOUNTABILITIES

CUSTOMER
  • Conduct actuarial related research and statistical analysis to inform new premium calculations and related reserve requirements for a given business or function
  • Support preparation and perform review of technical actuarial work underlying segments of the statistical analysis, financial statements and/or respective reports
  • Analyse the adequacy of the company's rate and/or claim reserve levels by application of actuarial techniques
  • Perform quality control on regulatory submissions
  • Determine the pricing changes required to reach growth and profitability objectives
  • Develop and maintain production and validation processes for data, models or tools.
  • Present work products to various business partners as assigned
  • Provide day to day guidance to other/new team members
SHAREHOLDER
  • Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
  • Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
  • Protect the interests of the organization - identify and manage risks, and escalate non-standard, high risk activities as necessary
  • Identify, recommend and effectively execute standard practices applicable to the discipline
  • Adhere to internal policies/procedures and applicable regulatory guidelines
  • Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
  • Contribute to the rating team's innovation culture that will allow the company to increase its competitiveness.
  • Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
EMPLOYEE / TEAM
  • Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
  • Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
  • Participate in personal performance management and development activities, including cross training within own team
  • Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
  • Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
  • Contribute to a fair, positive and equitable environment that supports a diverse workforce
  • Act as a brand champion for your business area/function and the bank, both internally and/or externally
BREADTH & DEPTH
  • Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of speciality
  • Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
  • Leads projects or workstreams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs
  • Works within broad guidelines / policies and independently performs tasks from end to end
  • Solves moderately complex problems by taking a new perspective on existing solutions
  • Generally reports to a Manager / Senior Manager
EXPERIENCE & EDUCATION
  • 3+ years of actuarial experience in damage insurance
  • Bachelor's degree in actuarial science or a related field
  • 5 exams passed and on track to become an Associate of the Casualty Actuarial Society (preferred)
  • Advanced knowledge of the Office Suite
  • Predictive modeling experience Ability and interest in programming, including SQL, VBA and R (preferred)
  • Advanced analytical, decision-making and problem-solving skills
  • Customer oriented approach, strong aptitude for teamwork and strong organizational and communication skills
  • Very flexible in the face of change
  • Autonomous and persevering; demonstrates initiative and creativity in his work
  • Recognized for his rigor and the quality of his 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.

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:
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./This position requires proficiency in a language other than French to support or deal with employees who require services and support in a language other than French.

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