Senior Manager (Director), TD Insurance Risk Management - IFRS 17 Valuation

Senior Manager (Director), TD Insurance Risk Management - IFRS 17 Valuation

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Data & Analytics

Pay Details: $131,700 - $195,000 CAD

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:

Department Overview:

TD Insurance (TDI) is part of TD Bank Group, one of Canada’s largest financial institutions. TDI helps protect clients with a wide range of products including credit protection, life, health, travel, home and auto insurance.

The LH business is supported by a Corporate and Valuation Actuarial team comprising of 6 team members led by an Associate Vice President (AVP) and Appointed Actuary.

Job Description / Accountabilities:

Reporting to the AVP, the Senior Manager, IFRS 17 Valuation serves as a key actuarial lead for ongoing actuarial modelling enhancements for the Life & Health corporate and valuation actuarial teams supporting TD Insurance.

Role Overview – Senior Manager, IFRS 17 Valuation:

• Understanding of IFRS 17 accounting standard: The successful candidate will demonstrate a thorough understanding of IFRS 17 and work cross-functionally with Finance on IFRS 17 actuarial disclosures.
• IFRS 17 actuarial modelling: The candidate will utilize knowledge to update actuarial models including reinsurance.
• IFRS 17 and new products: The senior manager will work with the L&H business to integrate new products into the IFRS 17 accounting framework.
• IFRS 17 Project Governance and Education: The senior manager will assist the Appointed Actuary with presentations to stakeholders.
• Special Projects and Continuous Improvement: Lead the development and evolution of the valuation model and support process improvement initiatives.
• Corporate Actuarial: Support the AVP in collaboration with the team for the Appointed Actuary's deliverables.

Additional Skills Required:

• Communication: Ability to communicate effectively in English, both verbally and in writing.
• Analytical Skills: Strong problem-solving skills and judgment.
• Management and team-work: Ability to work collaboratively in teams and autonomously.

Professional Guidelines:

• Undergraduate degree in actuarial science or other quantitative area of study.
• Corporate actuarial / valuation experience.
• Minimum 7 years of Life & Health Insurance actuarial experience.

Who We Are:

TD is one of the world's leading global financial institutions. We deliver legendary customer experiences to over 27 million households and businesses.

Our Total Rewards Package: Our Total Rewards package reflects the investments we make in our colleagues to help them achieve their financial, physical, and mental well-being goals.

Additional Information:

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