Actuarial Analyst Iii

3 weeks ago

Canada TD Bank Full time

426108BR

Insurance

Montreal, QC

Toronto, ON

November 27, 2023

Hours

35

Workplace Model

Hybrid

Pay Details

Department Overview

TD Insurance is part of TD Bank Group, one of Canada’s largest financial institutions. TD Insurance helps protect clients from the ‘accidents of life’ with a wide range of products including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance authorized products and services are available online, over the phone, and through a network of more than 1,000 TD Canada Trust branches.
In Canada, we have two lines of business, General Insurance and Life and Health. Our General Insurance business is one of the top home and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number one provider of critical illness insurance and direct life and health insurance in Canada.
At TD Insurance, we are committed to fostering an inclusive, accessible environment. With a Canada-wide workforce of over 4,000 employees and offices in Atlantic Canada, Quebec, Ontario and Alberta, our company is always growing and can help you to grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated and professional development is taken seriously. More than just a job, we offer rewarding careers.

Job Details

GI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurance’s business objectives in compliance with jurisdictional premium regulations. Pricing is a determining component of our home and auto insurance products that cater to direct and affinity markets.
Reporting to the Pricing Manager, the Senior Actuarial Analyst plays a key role in the end-to-end development of pricing strategies and rate changes. The Senior Analyst contributes to the on-going and future success of the company may it be through the establishment of pricing strategies for all products and all insurers for a given region, the development of models, methodologies and tools, the monitoring and measurement of rate levels and effectiveness though rate-indication activities, and/or the execution of planned pricing and business initiatives utilizing best governance practices.

**Responsibilities**:

- Develop pricing strategies by market and product to reach growth and profitability objectives:

- Supervise analysis performed by analysts to develop detailed pricing strategies for each market and product based on actual claim experience and the organization’s competitive positioning.
- Generate ideas in the development of strategies to accelerate profitable growth and supervise and execute their implementation:

- Optimization of our cession strategies to the Risk Sharing Pools;
- Pricing strategies that will create a competitive advantage;
- Initiatives to improve our customer segmentation in order to reach objectives, taking into consideration competitive and regulatory constraints;
- Identify above-average profitability customer segments for the purpose of targeted marketing efforts;
- Development of models for evaluation and measurement of customers’ price elasticity and behaviors.
- Provide support to obtain necessary approvals from regulatory boards;
- Prepare rate change documents according to mandated standards as required by rating boards for pricing changes ;
- Answer questions received from regulators during the revision process;
- Support negotiations with regulatory instances to obtain rate change approvals.
- Support the implementation of approved rate changes;
- Ensure that appropriate measures are in place to confirm the accurate pricing of all issued policies (compliance and reputational risks).
- Support and supervise analysts within the team
- Establish and maintain relationships with our partners and liaise with internal and external stakeholders
- Support our business partners for pricing related issues

Job Requirements

**What can you bring to TD?** Tell us about your most relevant experience, credentials and knowledge for this role, as well as these requirements and desired attributes:

- Over five years of actuarial experience in Property & Casualty
- Bachelor degree in Actuarial Sciences or related field
- Fellow of the Casualty Actuarial Society (FCAS) designation obtained or in the process of being awarded
- Excellent knowledge of Excel
- Proficiency and interest for programming, notably SQL and R
- Predictive modeling is a large asset
- Leadership and strong aptitude for team work
- Ability to develop and empower top talent
- Customer-centric
- Ability to communicate effectively in English, both verbally and in writing. French is an asset
- Ability to work effectively during demanding periods and take difficult decisions
- Autonomous and perseverant; shows initiative and creativity
- Advanced analytical and problem-solving skills
- Recognized for their thoroughness and the qu

  • Actuarial Analyst Iii

    4 weeks ago

    Canada TD Bank Full time

    398964BR Insurance Montreal, QC February 8, 2023 Company Overview Department Overview **Ground-breaking projects and careers in TD Actuary** It takes an astute combination of analytical skills, business knowledge and an understanding of human behaviour to navigate today’s complex risk factors in business - and banking. This is the special expertise...

  • Actuarial Analyst Iii

    1 month ago

    Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** **Ground-breaking projects and careers in TD Actuary** It takes an astute combination of analytical skills, business knowledge and an understanding of human behaviour to navigate today's complex risk factors in business - and banking....

  • Actuarial Analyst Iii

    4 weeks ago

    Canada TD Bank Full time

    401839BR Insurance Montreal, QC March 8, 2023 Company Overview Department Overview **Ground-breaking projects and careers in TD Actuary** It takes an astute combination of analytical skills, business knowledge and an understanding of human behaviour to navigate today’s complex risk factors in business - and banking. This is the special expertise of...

  • Actuarial Analyst Iii

    4 weeks ago

    Canada TD Bank Full time

    400489BR **Description d'emploi (TD Description)** Soyez au fait et demeurez compétitif. Bâtissez votre carrière. Évoluez avec nous. Voici notre histoire : emplois.td.coM/Francais. **Apercu du service** Job Description Summary - Direct actuarial related work / projects for own area, prepares, and performs a range of actuarial analysis, research and...

  • Senior Actuarial Analyst

    1 week ago

    Canada Allstate Full time

    Who is Allstate:Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Senior Actuarial Analyst

    1 week ago

    Canada Allstate Full time

    Who is Allstate:Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Actuarial Analyst

    1 month ago

    Canada Medavie Blue Cross Full time

    Blue Cross Life Insurance Company of Canada is a federally licensed company that distributes its products through a network of Blue Cross Plans. Blue Cross Life specializes in life insurance, living benefits and disability income protection products to supplement and enhance the portfolio of health and dental products distributed by the Blue Cross...

  • Senior Actuarial Analyst

    1 week ago

    Canada Allstate Full time

    Who is Allstate: Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Senior Actuarial Analyst

    7 days ago

    canada Allstate Full time

    Who is Allstate:Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Senior Actuarial Analyst

    1 week ago

    Canada, CA Allstate Full time

    Who is Allstate:Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Senior Actuarial Analyst

    7 days ago

    canada Allstate Full time

    Who is Allstate:Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Senior Actuarial Analyst

    1 week ago

    Canada Allstate Full time

    Who is Allstate: Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive,...

  • Actuarial Analyst

    1 week ago

    Canada Allstate Full time

    Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive, welcoming corporate...

  • Actuarial analyst

    2 weeks ago

    Canada Moody's Investors Service Full time

    Remote - Canada, Remote, Remote, CA Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. Moody’s Analytics AXIS...

  • Senior Actuarial Analyst

    2 weeks ago

    Canada North American Search Group Full time

    · various analyses including rate setting, reserving, claims, revenue forecasting, stochastic modeling, budget variance, and capital modeling. · Collaboration with teams such as Pricing, Reinsurance, Valuation, Capital Management, Enterprise Risk Management, Investments, Actuarial Insights & Forecasting, and Product is essential for joint tasks and...

  • Configuration Specialist

    1 month ago

    Canada Aon Corporation Full time

    Posting Description: **Configuration Specialist (actuarial)** Are you an actuarial analyst who also has strong analytical and computer skills? Do you enjoy looking into the details and have a highly developed ability to use all capabilities of software tools? Are you looking to take part in long-term projects for leading Canadian plans? Then Aon has the...

  • Actuarial Analyst Iii

    1 month ago

    Canada TD Bank Full time

    398948BR **Description d'emploi (TD Description)** Soyez au fait et demeurez compétitif. Bâtissez votre carrière. Évoluez avec nous. Voici notre histoire : emplois.td.coM/Francais. **Apercu du service** **Projets et carrières novateurs en actuariat chez TD** Il faut une combinaison astucieuse de compétences analytiques, de connaissances d'affaires...

  • Set-up Configuration Specialist

    1 month ago

    Canada Aon Corporation Full time

    Posting Description: Are you an actuarial analyst who also has strong analytical and computer skills? Do you enjoy troubleshooting, configuring systems, and ensuring system and software efficiencies? Then Aon has the opportunity you have been looking for! This is a hybrid role with the flexibility to work both virtually and from our Montreal office. **Aon...

  • ILI Data Analyst Level II/III

    1 week ago

    Canada United Pacific Projects Ltd. Full time

    Headquartered in Calgary, AB, Canada; United Pacific is an Inline inspection company catering to the owners of Oil and Gas pipelines around the world. The Data Analyst II/III MFL, Inertial, Caliper will be a key member of the United Pacific team, as this role will be responsible for using inhouse developed proprietary software to perform data analysis on...

  • Corporate Actuarial Analyst

    2 weeks ago

    Canada Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Full time

    Support the development and maintenance of Life & Health AXIS models used for financial reporting and portfolio management in US, Canada, Latin America, and ANZ. Provide support to AXIS MCoE team leads to help resolve model issues through debugging, unit testing and knowledge sharing as required. Provide support in high quality models and associated...