Associate Vice President, General Insurance Product and Underwriting Strategy, TD Insurance

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Pay Details:

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:

Role Overview

The AVP GI Product and Underwriting Strategy is responsible for leading product development and underwriting strategies across the General Insurance (GI) portfolio ensuring alignment with overall business objectives and growth initiatives. This role acts as the business owner throughout the product lifecycle collaborating closely with internal partners to deliver innovative solutions that meet client needs and drive business performance. Additionally the AVP attracts and develops a high-performing team dedicated to fostering a collaborative and inclusive work environment. The position reports directly to the VP of Product Pricing and Underwriting.

Key Accountabilities

Product

• Business owner for product development throughout the product life cycle working closely with General Insurance Journey

• Grow the GI business: contribute to the development of strategic plans business cases to create and modify product solutions to meet the insurance needs of clients.

• Maintain strong working relationships with internal partners including GI Journey GI Pricing GI Underwriting GI Advice Centers Claims and customer experience to support the development of collaborative solutions to service current and future clients.

• Leverage relationships with GI Distribution partners to develop and enhance our products and channels to support growth.

• Support the execution oversight of approved strategic plans and business initiatives

• Shape the insurance telematics strategy and work with partners to advance the telematics roadmap.

• Business owner for GI Insurance climate roadmap.

Underwriting

• Business owner for UW strategy and rules aligned to product/pricing strategies and overall business objectives

• Work with a variety of stakeholders to review improve underwriting process to created capacity speed and enhance automated underwriting and straight through processing capabilities

• Work with vendor management to optimize usage of underwriting vendors and spends.

• Engage with regulators and industry forums to influence underwriting practices and advance our underwriting sophistication.

Team

• Attract develop motivate and retain a high performing team

• Establish a safe working environment that fosters inclusion engagement collaboration and promotes open dialog

Capabilities

• 10 years of general insurance experience

• P&L and Growth Focus: Demonstrated ability to align strategies with overarching business objectives to drive profitability and market share growth.

• General Insurance Expertise: Deep understanding of General Insurance including underwriting processes and vendor management to support product and pricing innovation.

• Strategic Leadership and Execution: Proven experience in translating business objectives into actionable strategies with a focus on enhancing automation increasing capacity and advancing straight-through processing.

• Stakeholder Engagement and Influence: Strong track record of effective collaboration with internal teams regulators and industry forums to elevate underwriting practices and ensure strategic alignment.

• Communication and Negotiation Skills: Excellent ability to communicate strategies across the organization and negotiate with vendors to optimize underwriting spend and capabilities.

• Culture and Controls: Commitment to fostering an inclusive and collaborative team environment and ensuring robust risk management and governance throughout underwriting processes.

Leadership Behaviours

• Embrace and live TDs leadership profile

• Create a high energy fun work environment that is focused on achieving results while valuing strong process and risk management

• Take calculated risks; be prepared to make mistakes and learn from them

• Have a point-of-view and be flexible enough to change it based on new/more information analysis and/or incorporating a different perspective

• Strong business partnership/Executive presence

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):