Manager, Policy Management & Procurement

TD Bank

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profile Job Location:

Toronto - Canada

profile Monthly Salary: $ 96900 - 132700
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Work Location:

Toronto Ontario Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$96900 - $132700 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. 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:

Department Overview

Corporate Insurance Management is responsible for arranging risk-appropriate insurance as required and where economically and strategically viable to protect the Banks businesses from adverse impacts of risk events. Such impacts are mainly financial but may also include a non-financial reputational component.
Along with procuring insurance or other similar risk transfer programs (including fronting arrangements and indemnity agreements) to offset the cost of risk CI also manages claims and losses against the various programs.


CI also acts as a centre of expertise providing insurance guidance as follows:

  • Consultation during RFPs or contract negotiations to determine what constitutes risk-appropriate insurance and indemnity requirements for the specific types of products or services involved with a third-party.
  • Participation in Merger & Acquisition activities as required throughout the various stages of a prospective acquisition or divestiture to ensure there is an appropriate strategic insurance response and to minimize the insurable risk impact on the Bank.

Key Responsibilities

Insurance Acquisition & Renewal

  • Support the end-to-end renewal and procurement process for a portfolio of corporate insurance policies including financial lines cyber property liability crime and specialty programs.
  • Assist in developing renewal strategies preparing underwriting submissions reviewing quotes and supporting negotiations.
  • Work closely with external brokers and underwriters to manage timelines data requests and required documentation.
  • Coordinate the collection validation and consolidation of underwriting information from business units risk partners and subject matter experts.
  • Maintain accurate records templates and processes to support consistent and timely delivery of underwriting packages.
  • Manage exposure and loss data inputs required for renewal analysis.

Stakeholder Engagement

  • Serve as a key point of contact for internal partners (Risk Finance Legal Technology Operations) to ensure clarity on insurance requirements data needs and renewal milestones.
  • Facilitate communication between internal teams and brokers/insurers ensuring alignment and timely resolution of information gaps.

Analytical Support & Coverage Assessment

  • Review exposure data scenario analysis outputs market intelligence and benchmarking information to support coverage recommendations.
  • Prepare coverage comparisons renewal summaries and other analytics to assist in program design decisions.
  • Identify trends gaps and areas for optimization based on analysis.

Documentation Reporting & Governance

  • Prepare briefing materials policy summaries certificates and renewal documentation for management review and governance forums.
  • Maintain organized records of policies endorsements and key documents in alignment with internal controls.
  • Support compliance with the Corporate Insurance Risk Framework and associated standards.

Skills & Qualifications

Required

  • 36 years of experience in commercial insurance corporate insurance management brokerage or underwriting.
  • Solid understanding of major commercial insurance lines (e.g. D&O E&O Crime Cyber Property Liability).
  • Experience coordinating underwriting submissions or managing insurance renewals.
  • Strong organizational skills with the ability to manage multiple tasks and deadlines.
  • Strong analytical skills and comfort working with exposure data scenario analysis benchmarking and broker analytics.
  • Excellent written and verbal communication skills with the ability to present technical information clearly.
  • Proficiency with Excel PowerPoint and general data-handling tools.
  • High attention to detail sound judgment and ability to maintain confidentiality.

Preferred

  • Experience working in a large complex organization particularly in financial services.
  • Experience interacting with senior stakeholders and external brokers/insurers.
  • Knowledge of insurance program structures involving layered coverage deductibles/retentions and specialty markets (London/Bermuda).
  • Professional designations (CIP FCIP CRM RIBO CPCU or similar) are considered an asset.

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 Objet

Required Experience:

Manager

Work Location:Toronto Ontario CanadaHours:37.5Line of Business:FinancePay Details:$96900 - $132700 CADTD 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 ...
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Key Skills

  • Legal Drafting
  • Communication skills
  • Computer Operation
  • Business Management
  • Pricing
  • Research Experience
  • Information Security
  • Project Management
  • Administrative Experience
  • Public Speaking
  • Data Analysis Skills
  • Writing Skills

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