Actuarial Analyst III

Description :DEPARTMENT 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 directionRESPONSIBILITIES1. Regional 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 required2. Pricing 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 improvement 3.Financial 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 tracking 4. Risk 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 outcomes 5. Private 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 needs6. Affinity 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 Are:As 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. Additional Information:We’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 Development If 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 Process We’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.Accommodation Your 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.