Manager, Actuarial
Manager, Actuarial
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Work Location:
Toronto Ontario CanadaHours:
37.5Line of Business:
Data & AnalyticsPay Details:
$110600 - $160000 CADThe pay details posted reflect a temporary market premium specific to this role that is reassessed annually.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 candidates 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:
About this Role
Acting as a critical member of the broader Corporate Actuarial Life & Health team the Manager role offers an exciting opportunity to continue your career as an Actuary at TD. This role requires extensive knowledge of the Canadian valuation process.
Your accountabilities will include:
Support the Corporate Actuarial Life & Health team mandate including:
Valuation of actuarial liabilities
Quarterly required capital calculations under the Life Insurance Capital Adequacy Test (LICAT)
Annual Financial Conditions Test (FCT)
Appointed Actuarys Report (AAR)
Annual experience studies
Other analysis to support the Corporate Actuarial team
AXIS Model Development:
Communicate with Corporate Actuarial colleagues to understand modeling requirements
Perform AXIS coding to model new requirements
Improve existing models for accuracy and efficiency
Quantify the impacts of modeling changes in terms of reserve and capital
Validate model results for accuracy and reasonableness
Develop and maintain controls around the valuation and capital processes for financial and regulatory reporting including:
Data management and validation
Model change management
Liability rollforward analysis
Earnings by Source
Support the vetting and audit processes
Other tasks to support the Corporate Actuarial Life & Health teams mandate
Job Requirements
Qualifications and Education Guidelines
Communication:
Ability to communicate effectively in English both verbally and in writing. French is an asset.
Expertise with technical language and concepts.
Proficient in communicating technical concepts to a non-technical audience.
Analytical Skills:
Strong problem-solving and critical thinking skills. Produces high-quality work.
Proficient with Moodys AXIS software including AXIS Link.
Demonstrated strength with Excel MS Access and other database or analytical software.
Knowledge of SAS Solution for IFRS 17 is an asset.
Experience with SAS SQL R Python Tableau or equivalent is considered an asset.
Work Management:
Projects a professional image and acts accordingly.
Has effective and developed organizational ability.
Takes responsibility for projects and executes plans in a timely manner.
Ability to work independently and manage deadlines during periods of stress.
Professional Guidelines:
Bachelors degree in actuarial science or another quantitative area of study.
Working towards Fellowship with the Society of Actuaries and Canadian Institute of Actuaries.
Minimum 5 years of Life & Health Insurance actuarial experience.
Minimum 2 years of IFRS 17 AXIS modeling experience.
Who We Are:
TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we deliver legendary customer experiences to over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to the Bank those we serve and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers communities and colleagues.
TD is deeply committed to being a leader in customer experience that is why we believe that all colleagues no matter where they work are customer facing. As we build our business and deliver on our strategy we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether youve got years of banking experience or are just starting your career in financial services we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs were here to support you towards your goals. As an organization we keep growing and so will you.
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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.
Interview Process
Well 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 youd 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 ObjetRequired Experience:
Manager
Employment Type
Full-Time
