Actuarial Analyst II

Work Location:

Montréal, Quebec, Canada

Hours:

35

Line of Business:

Data & Analytics

Pay Details:

78 600 $/$78, $/$110,000 CADThis role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Responsabilities

• Support the end-to-end management of the residential insurance products suite, monitoring performance, identifying areas of opportunity, developing recommendations and driving changes to achieve business and financial objectives.
• Develop an in-depth understanding of residential products and a solid understanding of customer segments, customer needs, competitive landscape and trends in the General Insurance industry to assist in identifying new business opportunities.
• Conduct comprehensive data analysis to gain insights into trends affecting current product offerings and effectively communicate the findings. Compile key performance metrics as needed.
• Evaluate the potential effects of proposed product changes on customers, operations, and financial performance through analysis of key business drivers, create business cases and provide recommendations.
• Develop and maintain production and validation processes for data, models and/or tools.
• Understand and be able to speak about actuarial concepts such as premium adequacy, rating algorithms, factors, classification inputs
• Collaborate with multiple stakeholders to ensure the product meets customers, business and regulatory objectives and standards with the ability to speak about both the actuarial and operational aspects.
• Maintain a culture of risk management and control, supported by effective processes and guidelines in alignment with risk appetite. 
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand champion for your business area/function and the bank, both internally and/or externally

Job Requirements

• Three to five years of actuarial experience in Property & Casualty
• Bachelor degree in Actuarial Sciences or related field
• Acquired or working towards Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
• Demonstrate a good understanding of pricing, underwriting, and their interactions with the product profitability and offering
• Excellent knowledge of Excel
• Proficiency and interest for programming, notably SQL, VBA, R, Python
• Advanced analytical, decision-making and problem-solving skills
• Client-focused and aptitude for teamwork with solid organizational and communications skills
• Autonomous and perseverant; shows initiative and creativity in their work
• Recognized for their thoroughness and the quality of their work

Who 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 Package
Our 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 more

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 & Onboarding
We 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 you

Language Requirement (Quebec only):

Sans Objet

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