Actuarial Manager

3 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). They are also accountable for ensuring alignment of IRM with TDI business priorities, capacity, and expertise to ensure a shared focus on common IRM objectives.

TDI IRM is accountable for the alignment of TDI with TD's Insurance Risk Policy. This is performed by challenging the Corporate Actuarial reserves as well as the Pricing analyses. This also requires the challenge of various business initiatives from an insurance risk perspective, the production of reports and dashboards to be presented to different risk committees as well as the production of the ORSA report. TDI Insurance Risk Management aims to perform challenges that are efficient, thorough and well documented.

The Manager, Insurance risk contributes to the success of the TDI Insurance Risk Management team acting as the Insurance Risk SME for the Change Management Review process, participating in the review and challenge of the corporate actuarial valuation, the review of the pricing analyses, the reinsurance strategy and in the development of insurance risk analytics and tools and leading the production of the GI ORSA report review,

Reporting directly to the Senior Manager Insurance Risk;
- Lead the strategy and execution of the actuarial challenge program for TDI General Insurance (GI) including but not limited to:

- Independent annual review of the GI Corporate Actuarial valuation
- Independent annual review of the GI Rate indication analyses
- Reviews of the methodologies and assumptions underlying the actuarial estimation processes
- Independent oversight of reinsurance treaty renewals and strategy
- Documentation and communication of findings and recommendations to management and executive stakeholders
- Delivering a program that operates in partnership with the business to add value and enable timely risk taking.
- Act as the Insurance Risk SME for the Change Management Review process performing the challenges of TDI GI initiatives affecting the premiums, claims, reserving, reinsurance, product and business plan
- Support the execution of the capital adequacy assessment processes for GI, including but not limited to:

- Ownership of the end-to-end Own Risk Solvency Assessment ("ORSA") process, including the production of the GI ORSA Report, the assessment of risks and recommended internal capital targets
- Participate in the challenge of the business’ assessment and management of Insurance Risk to be within the stated risk appetite across all areas of the business
- Collaborate on the development of new policies and provides support and quality review of existing policies
- Actively manage good business relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
- Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
- Maintain a culture of risk management and controls supported by effective processes in alignment with risk appetite
- Supports the development, maintenance, enhancements and reporting of Key Risk Indicators for Insurance Risk in collaboration with our business partners
- Participate in the development of risk analytics and tools that allow for risk trend identification to challenge the business' assessment and management of Insurance Risk
- Participate in the design and the implementation of process improvements in order to achieve more efficient and insightful challenges
- Provide thought leadership and/ or industry knowledge for own area of expertise and participate in knowledge transfer
- Lead a team of actuarial analysts, develop talent and contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.

**Job Requirements**
- Minimum of 7 years of actuarial experience in the Property & Casualty (P&C) insurance field
- Bachelor's degree in actuarial sciences or related field, acquired or working towards Fellowship of the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
- Diversified actuarial experience at an insurance company in risk management, pricing, reserving, reinsurance or product development function
- Superior written and oral communication skills
- Skill in mentoring/coaching others
- Excellent knowledge of the Microsoft Office Suite
- Strong problem-solving skills and the ability to proactively identify risks/issues and recommend solutions
- Client-focused and aptitude for teamwork with solid organizational and communications skills
- High degree of organizational awareness and sensiti

  • Actuarial Manager

    4 days 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 actuarial teams and providing strategic guidance to business partners.Key Responsibilities:Lead actuarial teams and provide strategic guidance to business partnersDevelop and implement actuarial...

  • Actuarial Manager

    4 days 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 actuarial teams and providing strategic guidance to business partners.Key Responsibilities:Lead actuarial teams and provide strategic guidance to business partnersDevelop and implement actuarial...

  • Actuarial Manager

    6 days ago

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

    Job Title: Actuarial ManagerJoin our team at 570 The Dominion of Canada General as an Actuarial Manager, where you will play a key role in driving business growth and profitability through data-driven insights and strategic decision-making.About the RoleThe Actuarial Manager will be responsible for leading cross-functional teams to develop and implement...

  • Actuarial Manager

    6 days ago

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

    Job Title: Actuarial ManagerJoin our team at 570 The Dominion of Canada General as an Actuarial Manager, where you will play a key role in driving business growth and profitability through data-driven insights and strategic decision-making.About the RoleThe Actuarial Manager will be responsible for leading cross-functional teams to develop and implement...

  • Actuarial Manager

    1 week ago

    Old Toronto, Ontario, Canada Revel Patio Grill Full time

    Job Title: Actuarial ManagerWe are seeking an experienced Actuarial Manager to join our team at Revel Patio Grill. As an Actuarial Manager, you will be responsible for leading the development and implementation of actuarial models and strategies to support our business objectives.Key Responsibilities:Develop and maintain actuarial models and tools to support...

  • Actuarial Manager

    1 week ago

    Old Toronto, Ontario, Canada Revel Patio Grill Full time

    Job Title: Actuarial ManagerWe are seeking an experienced Actuarial Manager to join our team at Revel Patio Grill. As an Actuarial Manager, you will be responsible for leading the development and implementation of actuarial models and strategies to support our business objectives.Key Responsibilities:Develop and maintain actuarial models and tools to support...

  • Actuarial Manager

    4 days ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryWe are seeking a highly skilled Actuarial Manager to join our team at The Toronto-Dominion Bank (Canada). As an Actuarial Manager, you will be responsible for leading the development and implementation of IFRS17 models, ensuring data accuracy and quality, and collaborating with cross-functional teams to drive business growth.Key...

  • Actuarial Manager

    4 days ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryWe are seeking a highly skilled Actuarial Manager to join our team at The Toronto-Dominion Bank (Canada). As an Actuarial Manager, you will be responsible for leading the development and implementation of IFRS17 models, ensuring data accuracy and quality, and collaborating with cross-functional teams to drive business growth.Key...

  • Manager, Actuarial

    1 week ago

    Toronto, Ontario, Canada The Travelers Indemnity Company Full time

    Job Title: Manager, Actuarial and Analytics Job Summary: We are seeking a highly skilled Manager, Actuarial and Analytics to lead complex projects and provide analytical insights to support business growth and profitability. Job Description: About Us: Travelers is a leading insurance company with a strong reputation and a passion for innovation. Our...

  • Actuarial Manager

    5 days ago

    Toronto, Ontario, Canada TD Bank Group Full time

    Job DescriptionWe are seeking an experienced Actuarial Manager to join our team at TD Bank Group. As a key member of our Data Analytics team, you will be responsible for implementing valuation model requirements arising from the transition to the IFRS17 Accounting Standard.Key ResponsibilitiesDevelop and maintain valuation models to ensure compliance with...

  • Actuarial Manager

    5 days ago

    Toronto, Ontario, Canada TD Bank Group Full time

    Job DescriptionWe are seeking an experienced Actuarial Manager to join our team at TD Bank Group. As a key member of our Data Analytics team, you will be responsible for implementing valuation model requirements arising from the transition to the IFRS17 Accounting Standard.Key ResponsibilitiesDevelop and maintain valuation models to ensure compliance with...

  • Actuarial Manager

    5 days ago

    Toronto, Ontario, Canada TD Bank Group Full time

    Job DescriptionWe are seeking an experienced Actuarial Manager to join our team at TD Bank Group. As a key member of our Data Analytics team, you will be responsible for implementing valuation model requirements arising from the transition to the IFRS17 Accounting Standard.Key ResponsibilitiesDevelop and maintain valuation models to ensure compliance with...

  • Manager, Actuarial

    2 weeks ago

    Toronto, Ontario, Canada The Travelers Indemnity Company Full time

    Job Title: Manager, Actuarial and Analytics About Us: Travelers is a leading insurance company with a solid reputation, passionate people, and endless opportunities. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees. We are a workplace where you can truly...

  • Actuarial Manager

    2 weeks ago

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

    About the RoleWe are seeking a highly skilled Actuarial Manager to join our team at 570 The Dominion of Canada General. As an Actuarial Manager, you will play a key role in leading our actuarial and analytics efforts, providing strategic guidance and expertise to drive business growth and profitability.Key ResponsibilitiesActuarial Leadership: Provide...

  • Actuarial Manager

    2 weeks ago

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

    About the RoleWe are seeking a highly skilled Actuarial Manager to join our team at 570 The Dominion of Canada General. As an Actuarial Manager, you will play a key role in leading our actuarial and analytics efforts, providing strategic guidance and expertise to drive business growth and profitability.Key ResponsibilitiesActuarial Leadership: Provide...

  • Actuarial Manager

    4 days ago

    Toronto, Ontario, Canada Zurich Insurance Company Full time

    The OpportunityZurich Canada is seeking a highly skilled AVP Pricing Actuary to lead the pricing process for Transactional Accounts. As a key member of our team, you will provide expert actuarial support and advice to business partners, driving insights into risks, performance, and business implications.Key ResponsibilitiesManage the pricing process for...

  • Actuarial Manager

    5 days ago

    Toronto, Ontario, Canada Zurich Insurance Company Full time

    The OpportunityZurich Canada is seeking a highly skilled AVP Pricing Actuary to lead the pricing process for Transactional Accounts. As a key member of our team, you will provide expert actuarial support and advice to business partners, driving insights into risks, performance, and business implications.Key ResponsibilitiesManage the pricing process for...

  • Manager Actuarial Services

    4 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...

  • Manager, Actuarial

    7 days ago

    Toronto, Ontario, Canada TD Bank Group Full time

    Job Summary: Implement valuation model requirements arising from the transition to the IFRS17 Accounting Standard, transforming the AXIS valuation model to fit IFRS17 specifications and managing model outputs and inputs. Job Description: The Manager will be responsible for the transformation of the AXIS valuation model used by the Corporate...

  • Manager, Actuarial

    1 month 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...