Manager, Actuarial

3 months ago

Toronto, Canada TD Bank Full time

**Work Location**:
Canada

**Hours**:
37.5

**Line of Business**:
Data & Analytics

**Pay Details**:
**Model Development**
**Implement valuation model requirements arising from the transition to the IFRS17 Accounting Standard. The Manager will be responsible for the transformation of the AXIS valuation model used by the Corporate Actuarial L&H team to fit IFRS17 specifications. Calculations outside of AXIS will need to be reviewed for appropriateness under IFRS17. As the owner of the AXIS model, the modelling of new business requirements and ad hoc changes will also fall under the purview of this role. The Manager will work with and communicate changes to the Production and IFRS17 Project teams.**

**The Manager will be responsible for testing model outputs from AXIS and AXIS Link, as well as managing all inputs required for the SAS Solution for IFRS17. Changes to models should be tested for accuracy with financial impacts communicated to business partners. Responsibilities also include validating balance sheet entries and P&L results for insurance contracts with Finance and Accounting partners.**

**Database Management and Controls**
**The Manager will maintain inforce extracts and policy movement tables necessary for IFRS17 valuation. They will communicate requirements to the IT and Data Analytics teams to ensure policy and transactional data is accurate and optimized for these purposes. The Manager will design controls to ensure data is tested and appropriate for valuation, with clear documentation of all processes.**

**This position is an independent contributor role with no direct reports. Applicants not meeting all requirements may be considered for this role as a Senior Analyst.**

**Reporting to the Senior Manager, IFRS17 and Special Projects.
**Job Description**:
**Accountabilities**
- **Model Development**:

- **Communicate with Corporate Actuarial colleagues to understand modelling requirements;**
- **Perform AXIS coding to model new IFRS17 requirements;**
- **Improve existing models for accuracy and efficiency;**
- **Quantify the impacts of modelling changes in terms of reserve and capital; and,**
- **Validate model results for accuracy and reasonability;**
- **Data Management**:

- **Review and ensure data inputs are appropriate for IFRS17 modelling needs;**
- **Work with technology and data teams to ensure extracts are accurate and all IFRS17 requirements have been implemented;**
- **Optimize the flow of data from source extract to AXIS valuation input;**
- **Establish controls for the use of data in actuarial modelling and finance reporting; and,**
- **Ensure proper documentation exists for data processes.**

**Job Requirements**:
**Qualifications and Education Guidelines**
- **Communication**:

- **Ability to communicate effectively in English, both verbally and in writing. French is an asset.**
- **Expertise with technical language and concepts.**
- **Proficient in communicating technical concepts to a non-technical audience.**
- **Analytical Skills**:

- **Has strong problem-solving and critical thinking skills. Produces high quality work.**
- **Proficient with Moody's AXIS software, including AXIS Link.**
- **Demonstrated strength with Excel, MS Access and other database or analytical software.**
- **Knowledge of SAS Solution for IFRS17 is an asset.**
- **Experience with SAS, SQL, R, Python, Tableau or equivalent considered an asset.**
- **Work Management**:

- **Projects a professional image and acts accordingly.**
- **Has effective and developed organizational ability.**
- **Takes responsibility for projects and executes plans in a timely manner.**
- **Ability to work independently and manage deadlines during periods of stress.**
- **Professional Guidelines**:

- **Bachelor's degree in actuarial science, or other quantitative area of study.**
- **Working towards Fellowship with the Society of Actuaries and Canadian Institute of Actuaries.**
- **Minimum 5 years of Life & Health Insurance actuarial experience.**
- **Minimum 2 years of IFRS17 AXIS modelling experience.**

**Who We Are**:
**TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.**

**TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience

  • Actuarial Manager

    1 month ago

    Toronto, Ontario, Canada Travelers Full time

    Job Title: Actuarial ManagerTravelers is seeking an experienced Actuarial Manager to join our team. As an Actuarial Manager, you will be responsible for leading and managing actuarial projects and initiatives, providing analytical insights and recommendations to leadership and business partners, and working closely with cross-functional teams to drive...

  • Actuarial Manager

    5 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**:Toronto, Ontario, Canada **Hours**:35 **Line of Business**:Data & Analytics **Pay Details**: **Department Overview** TDI Insurance Risk Management (IRM) is accountable for the IRM program across TDI, relying on key activities and deliverables embedded within the accountabilities of business process, risk and control owners (first line)....

  • Actuarial Manager

    1 month ago

    Toronto, Ontario, Canada 570 The Dominion of Canada General Full time

    Job Title: Manager, Actuarial and AnalyticsJoin our team at Travelers as a Manager, Actuarial and Analytics, and take on a challenging role that combines actuarial and analytical expertise with leadership skills.About the RoleThis is an analytic leadership role that encompasses the shared responsibility of project and strategic execution with actuarial,...

  • Manager Actuarial Services

    6 months ago

    Toronto, Canada Workplace Safety and Insurance Board Full time

    As a member of the actuarial management team, lead and manage a team of actuarial staff, in delivering reliable, accurate, comprehensive and timely actuarial services to internal and external clients. Core actuarial services includes valuation of benefit liabilities, funding, financial forecasting, premium rate setting, administration rate setting, benefit...

  • Actuary

    4 weeks ago

    Toronto, Canada Munich Reinsurance Company of Canada Full time

    Actuary **Company** Munich Reinsurance Company of Canada **Location** Toronto, Canada **Actuary** **We care for humankind - and that starts with our people** Our greatest strength lies not in what we do - but how we do it. It’s the unique individual behind every piece of work who matters the most. Our people make Munich Re a global success. Working at...

  • Actuarial Pricing Manager

    1 month ago

    Toronto, Ontario, Canada Northbridge Financial Corporation Full time

    Actuarial Pricing Manager OpportunityWe're seeking a skilled Actuarial Pricing Manager to join our team at Northbridge Financial Corporation. As a key member of our Actuarial Pricing Department, you'll play a critical role in providing support to our Pricing Analysts and Underwriting team.Key Responsibilities:Lead the development of advanced mathematical...

  • Actuarial Associate

    2 weeks ago

    Toronto, Ontario, Canada OMERS Full time

    Deliver Exceptional Actuarial ServicesOMERS is seeking a highly motivated and analytical Actuarial Associate to join our Strategy & Actuarial team. As an Actuarial Associate, you will provide technical actuarial and strategic support for the OMERS pension plans, working closely with senior management and the AC and SC Boards.Key Responsibilities:Prepare and...

  • Actuary Director

    4 weeks ago

    Toronto, Ontario, Canada Manulife Full time

    Job Title: Director / Senior Director, Par Management ActuaryJob Summary:We are seeking a highly skilled and experienced Actuary Director to lead our Par Management team. The successful candidate will be responsible for developing and implementing actuarial strategies to drive business growth and profitability.Key Responsibilities:Lead the development and...

  • Manager Actuarial

    2 weeks ago

    Toronto, Canada Northbridge Financial Corporation Full time

    **What it’s like to be a Northbridge Pricing Actuarial Manager** Our Actuarial Pricing Managers work hard to provide support to their Pricing Analysts, as well as the Underwriting department; providing insight and information which allows them to best serve our customers. They use their strong Actuarial knowledge and Leadership skills to help price our...

  • Senior Actuarial Pricing Manager

    4 weeks ago

    Toronto, Ontario, Canada Zurich Insurance Company Full time

    The OpportunityWe are seeking a highly skilled Actuarial Pricing Manager to join our team at Zurich Canada. As a key member of our actuarial team, you will be responsible for managing the pricing process for Transactional Accounts.Reporting to the Actuarial Manager for Transactional & Programs Pricing, you will provide professional actuarial support and...

  • Actuary Director

    4 weeks ago

    Toronto, Ontario, Canada Manulife Full time

    Job Title: Director / Senior Director, Par Management ActuaryThe Opportunity:We are seeking a highly skilled and experienced actuary to lead our Par Management team. As a Director / Senior Director, Par Management Actuary, you will be responsible for providing expert actuarial advice and guidance to senior management on Par valuation and dividend...

  • Director & Product Actuary, Retail Actuarial

    4 months ago

    Toronto, Canada Empire Life Full time

    Director & Product Actuary, Retail Actuarial Location: Hybrid - Kingston or Toronto Empire Life is looking to hire a Product Actuary with pricing experience in the Canadian Individual Life insurance market to join our Retail Actuarial team. The Product Actuary is responsible for the actuarial pricing, profitability and risk analysis of Retail’s...

  • Actuarial Risk Management Expert

    1 week ago

    Toronto, Ontario, Canada AIG Full time

    Unlock Your Potential in Actuarial Risk ManagementAmerican International Group, Inc. (AIG) is a leading global insurance organization with a 100-year history of innovation and excellence. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in over 80 countries and...

  • Actuarial Specialist

    5 days ago

    Toronto, Ontario, Canada CMHC Full time

    **Job Summary**CMHC is seeking a Senior Specialist, Actuarial Services, to support the development and implementation of a flood reinsurance program.**Key Responsibilities**Develop and implement the corporate actuarial function of the new flood reinsurance entity.Develop policies and guidelines for the valuation of actuarial liabilities, capital reporting &...

  • Actuarial Services Director

    3 weeks ago

    Toronto, Ontario, Canada RSM Full time

    Actuarial Services Director Job DescriptionWe are seeking a highly experienced Actuarial Services Director to join our team at RSM. As a Managing Director in our Actuarial Services practice, you will lead client relationship management and execute core actuarial services, including data collection, reconciliation, and analytics, as well as actuarial pricing...

  • Actuary Director

    4 weeks ago

    Toronto, Ontario, Canada Manulife Full time

    Job DescriptionThe OpportunityAt Manulife, we are seeking a highly skilled Actuary Director to lead our Par Management team. As a key member of our actuarial leadership team, you will be responsible for providing expert advice on Par valuation and product review, as well as supporting business financial planning processes.Key ResponsibilitiesLead...

  • Actuary, Pricing

    2 months ago

    Toronto, Canada Foresters Financial Services, Inc. Full time

    Career Opportunity Role Title Actuary, Pricing Purpose of role The Actuary, Pricing is a senior leader responsible for leading the development of innovative product solutions in support of Foresters Financial Purpose. They will be expected to demonstrate expertise in at least one technical area of importance to product pricing, and ensure compliance with...

  • Actuarial Analyst

    1 month ago

    Toronto, Ontario, Canada American International Group, Inc. Full time

    About the RoleAmerican International Group, Inc. (AIG) is a leading global insurance organization with a rich history of innovation and expertise in risk management. As an Actuarial Analyst, you will play a critical role in helping businesses and individuals protect their assets and manage risks in today's complex and interconnected world.Our team is...

  • Actuarial Assistant, Corporate Actuarial

    5 months ago

    Toronto, Canada IVARI Full time

    **Welcome to **_ivari_**: Let us introduce ourselves. With 300 employees across Canada,_ ivari_ is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible. At _ivari_, everyone is...

  • Actuarial Assistant, Corporate Actuarial

    6 months ago

    Toronto, Canada IVARI Full time

    **Welcome to **_ivari_**: Let us introduce ourselves. With 300 employees across Canada,_ ivari_ is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible. At _ivari_, everyone is...