Actuarial Analyst III

Join to apply for the Actuarial Analyst III - Pricing role at TD Securities.Posted 3 days ago. Be among the first 25 applicants.Pay Details93,100 - 130,000 CAD.Work LocationMontréal, Quebec, Canada.Hours35 hours per week.Line Of BusinessData & Analytics.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. 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 DescriptionDepartment OverviewThe GI Pricing and Profitability team is expanding, and many new positions are now available Our team is crucial in maintaining the company's financial health and competitive edge. By leveraging data analysis, actuarial science, and market research, we ensure profitability while offering fair and attractive rates that comply with provincial regulations. This growth offers incredible opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey.Position OverviewMultiple Senior Actuarial Analyst positions are available within the GI Pricing and Profitability team. As a Senior Analyst, you will focus on implementing pricing strategies and coaching junior actuaries to achieve business objectives. Reporting to the Actuarial Manager, the Senior Analyst is expected to demonstrate subject matter expertise, work autonomously, and play a key part in executing the team's strategic direction.ResponsibilitiesRegional Auto (ON, QC, WP) or Residential PricingReview and update of pricing algorithm to support business objectives toward profitability and growthGenerate ideas in the development of strategies to accelerate profitable growth and execute on their implementationSubmit filing documentation and support to regulatory bodies where requiredPricing OptimizationImplement pricing optimization strategies across personal linesBuild and apply models and optimization techniques to recommend premium adjustmentsTrack and report on the performance of deployed strategies, identifying areas for improvementFinancial PerformanceSupport the implementation of a financial projection framework for pricing changesTrack and analyze financial performance, providing insights and recommendations to the managerMentor and guide junior analysts in best practices for financial performance trackingRisk Sharing Pool (RSP) Strategy and PerformanceAssist in centralizing and optimizing RSP cession strategy at a national levelSupport the achievement of financial objectives for each poolAnalyze cession results and pool performance, providing recommendations for optimal outcomesPrivate Client Advice (PCA)Track and monitor profitability of the PCA Book of business to support pricing decisionsIdentify opportunities to accurately reflect more complex risks associated with this segment while complying with provincial insurance regulationsAssist in calculating premiums and provide pricing expertise for special coverage needsAffinity Market Group (AMG)Continuously review and update group discounts to support affinity-related pricing and business objectivesMonitor affinity group profitability to inform pricing decisionsReview and update profit-sharing strategies to support AMG regulatory and contractual requirementsJob RequirementsUniversity degree in Actuarial Science or related field5+ years of related experienceExcellent knowledge of ExcelProficiency and interest for programming, notably with SQL and RStrong aptitude for team workAutonomous and resilient; shows initiative and creativity in their workPreferred QualificationsPrior experience with predictive modelingWorking toward FCIA/FCAS designationWho We AreAs 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 PackageOur 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 InformationWe’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 DevelopmentIf 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 & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’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.AccommodationYour 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.Language Requirement (Quebec Only)Remarque: Étant donné que cet affichage concerne de futurs postes vacants et qu’il servira à pourvoir de nombreux postes aux exigences comparables à l’avenir, nous invitons les candidats bilingues et francophones à poser leur candidature. Lorsqu’un poste sera à pourvoir, une évaluation des besoins en matière de langue sera effectuée pour déterminer si la connaissance d’une autre langue que le français est exigée.Seniority LevelMid-Senior levelEmployment TypeFull-timeJob FunctionFinance and SalesIndustriesInvestment BankingReferrals increase your chances of interviewing at TD Securities by 2x. #J-18808-Ljbffr