Actuarial Specialist

time left to apply End Date: January 18, 2025 (27 days left to apply)

job requisition id R_1385790

Work Location: Montréal, Quebec, Canada

Hours: 35

Line of Business: Data & Analytics

Pay Details: 88 500 $/$88,500 - 132 700 $/$132,700 CAD. This 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.

Job Description:

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 Actuarial Senior Manager, Pricing Initiatives, AMG & Governance, the Actuarial Specialist, Pricing Initiatives, AMG & Governance plays a leadership role in:

• Participate in Canada-wide pricing rate change or product change initiatives to improve profitability of our auto and home products.
• Support management team by performing various pricing-related analyses.
• Contribute to GI profitable growth by leading AMG insight and strategy within GI Regional Pricing and Product strategy.
• Support the monitoring of Affinity groups profitability, including leveraging models, to embed this information into pricing and AMG renewal decisions.
• Support Request for Proposal submissions in collaboration with AMG.
• Influence TDI's Risk Sharing Pool (RSP) strategy to maximize profits from cession.
• Continuous oversight on Pricing Governance and controls.
• Manage regulatory requests and ensure Pricing abides by regulations for all regions and products.
• Support the multiple audits (Internal, SOX, FSRA, OSFI, FA, Compliance, and many more).
• Gain a deep understanding of the various Pricing functions and propose improvements to increase efficiency.

Job Requirements

• At least 7 years of actuarial experience in Property & Casualty.
• Bachelor degree in Actuarial Sciences or related field.
• FCIA near completion or at least seven Casualty Actuarial Society professional exams (preferred).
• Excellent knowledge of Excel.
• Proficiency and interest for programming, notably SAS, VBA, R, Python.
• Advanced analytical, decision-making and problem solving skills.
• Client-focused and aptitude for teamwork with solid organizational and communications skills.
• Excellent time management skills with a proven ability to meet deadlines.
• 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.

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.

Language Requirement (Quebec only): Maîtrise d’une langue autre que le français pour offrir du soutien ou traiter avec des employés ou des collègues qui ont besoin de services et de soutien dans une langue autre que le français.

Our Values
At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior.

Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported.

Helping to Make an Impact in Communities – TD Ready Commitment
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative.