Actuarial Analyst III Insurance Risk Management (4122)

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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

TD Insurance Risk Management (IRM) is responsible for the IRM program across TD Insurance. The team ensures alignment with TDs Insurance Risk Policy by challenging corporate actuarial reserves pricing analyses and business initiatives from an insurance risk perspective. IRM produces reports and dashboards for risk committees and leads the Own Risk Solvency Assessment (ORSA) process. The goal is to deliver efficient thorough and well-documented risk challenges that add value and support timely risk-taking decisions.

Job Description

As an Actuarial Analyst III within TD Insurance IRM you will contribute to the success of the TDI Insurance Risk Management team by participating in the following activities:

• Participate in the challenge of the Corporate Actuarial teams reserves estimates by deriving provisions for insurance contract liabilities estimates on assigned lines of business and identifying the drivers of difference between IRM and Corporate Actuarials estimates;
• Participate in the challenge of the Pricing teams indicated rate changes by deriving indicated rate changes on assigned lines of business and identifying the drivers of difference between IRM and Pricings estimates;
• Participate in the challenge of the Reinsurances strategy and program design;
• Participate in the documentation reporting and communication related to the independent reviews performed by the team;
• Participate in the challenge of TDI initiatives affecting Insurance risks;
• Participate in the production of the ORSA Report including the assessment of risks and recommended internal capital targets;
• Participate in the development in collaboration with our business partners of Key Risk Indicators for Insurance Risk in the monitoring reporting and communication related to these risk indicators;
• Participate in the design and the implementation of process improvements in order to achieve more efficient and insightful challenges;
• Contribute to building developing and maintaining effective relationships with our business partners;
• Keep abreast of emerging issues trends and evolving regulatory requirements and assess potential impacts.

Job Requirements

• Minimum of five years of actuarial experience in the general insurance field
• Actuarial experience at an insurance company in risk management pricing reserving underwriting reinsurance or product development function.
• Bachelors degree in Actuarial Sciences or related field acquired or working towards Fellowship with the Casualty Actuarial Society and Canadian Institute of Actuaries or equivalent
• Superior written and oral communication skills. French is an asset.
• Excellent knowledge of the Microsoft Office Suite
• Knowledge and interest for programming notably SQL VBA and R (preferred)
• Advanced analytical decision-making strong problem-solving skills and the ability to proactively identify risks/issues and recommend solutions
• Client-focused and aptitude for teamwork with solid organizational and communications skills
• Highly adaptable to change
• 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 Canadas 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:
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):