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: $108,800 - $163,200 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. 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.

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.

Job Description / Accountabilities:

Reporting to the AVP, Appointed Actuary, TD Insurance Risk Management, 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: Thorough understanding of IFRS 17 in the context of Actuarial modelling implications.
• IFRS 17 actuarial modelling: Update actuarial models including reinsurance.
• IFRS 17 and new products: Work with the L&H business to integrate new products into the IFRS 17 accounting.
• IFRS 17 Project Governance and Education: Assist with presentations to stakeholders regarding IFRS 17 implications.
• Special Projects and Continuous Improvement: Lead the team in the development and evolution of valuation models.
• Corporate Actuarial: Support the AVP in corporate actuarial deliverables.

Additional Skills Required:

• Communication: Ability to communicate effectively in English; French is an asset.
• Analytical Skills: Strong problem-solving skills and practical experience with relevant software.
• Management and Teamwork: Ability to work collaboratively and manage resources effectively.

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 and is committed to providing a legendary customer experience.

Our Total Rewards Package: Our Total Rewards package reflects the investments we make in our colleagues.

Additional Information: We're delighted that you're considering building a career with TD.

Colleague Development: Regular career, development, and performance conversations with your manager.

Training & Onboarding: We will provide training and onboarding sessions to ensure your success.

Interview Process: We'll reach out to candidates of interest to schedule an interview.

Accommodation: Your accessibility is important to us. Please let us know if you'd like accommodations.