Actuarial Analyst I

OverviewActuarial Analyst I - Pricing role at TD. Location: Montréal, Quebec, Canada. Hours: 35 per week.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 opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey.Position OverviewMultiple Actuarial Analyst I positions are available within the GI Pricing and Profitability team. As an Actuarial Analyst I, you will assist in implementing and delivering pricing strategies to achieve business objectives. Reporting to the Actuarial Manager, the Actuarial Analyst I is expected to demonstrate a high level of curiosity, a strong ability and willingness to learn, and a commitment to contributing to the team's mandate.ResponsibilitiesRegional Auto (ON, QC, WP) or Residential PricingLearn to update pricing algorithm to support business objectives toward profitability and growthParticipate in pricing strategy discussion and assist with implementationSupport regulatory filing preparation, where requiredPricing OptimizationAssist in building models and applying optimization techniques to recommend premium adjustmentsLearn to track the performance of deployed strategies and identify areas for improvementFinancial PerformanceAssist in tracking and reporting financial performance of pricing strategiesLearn to apply financial projection and pricing conceptsRisk Sharing Pool (RSP) Strategy and PerformanceAssist in centralizing and optimizing RSP cession strategyLearn to analyze cession results and pool performance and their impact on business objectivesPrivate Client Advice (PCA)Assist in tracking profitability of the PCA Book of businessGain exposure to complex risk and special coverage needsAssist in calculating premiums for special coverage needsAffinity Market Group (AMG)Help review and update group discounts and understand AMG's impact on business objectivesSupport monitoring of affinity group profitabilityAssist in updating AMG profit-sharing programsInitiatives & GovernanceSupport internal product and pricing initiatives from the initial business case to rate filingsContribute to the development of our Bias and Fairness pillar to ensure our pricing strategies reflect these principlesJob RequirementsUniversity degree in Actuarial Science or related fieldKnowledge of ExcelProficiency or interest for programming, notably with SQL and RStrong aptitude for team workPreferred QualificationsKnowledge of predictive modelingWorking through actuarial professional examinationWho 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 moreAdditional 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.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.We look forward to hearing from youLanguage 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 levelEntry levelEmployment typeFull-timeJob functionFinance and SalesBankingReferrals increase your chances of interviewing at TD by 2xGet notified about new Actuarial Analyst jobs in Montreal, Quebec, Canada. #J-18808-Ljbffr