Data Scientist I

Work Location:

Hours:

Line of Business:

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:

TD Insurance is part of TD Bank Group one of Canadas largest financial institutions. TD Insurance helps protect clients from the accidents of life with a wide range of products including credit protection life health travel home and auto insurance. With more than three million clients TD Insurance authorized products and services are available online over the phone and through a network of more than 1000 TD Canada Trust branches.

In Canada we have two lines of business General Insurance and Life and Health. Our General Insurance business is one of the top home and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number one provider of critical illness insurance and direct life and health insurance in Canada.

At TD Insurance we are committed to fostering an inclusive accessible environment. With a Canada-wide workforce of over 4000 employees and offices in Atlantic Canada Quebec Ontario and Alberta our company is always growing and can help you to grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated and professional development is taken seriously. More than just a job we offer rewarding careers.

Job Description:

The TD Insurance AI2 team has the mandate to provide business intelligence using advanced analytical techniques such as machine learning and artificial intelligence (AI) models. This group is responsible for doing in-depth analysis to better understand claim payments client or advisor behaviors product design and a lot more. This group is also responsible to develop maintain and calibrate all models used within TD Insurance including but not limited to loss cost models and customer behavior models.

Within this team the Underwriting Analytics function is a multidisciplinary team that is dedicated to developing and maintaining underwriting models rules and guidelines. The team is composed of Actuarial Analysts whose primary task is to gather and analyses data to develop schemes and predictive models that will refine TDIs risk appetite. Collaboration with Underwriting Specialists is also essential; their main role to determine underwriting rules that will respect the governments regulatory guidelines while being clear and easy to apply for advisors.

Main tasks of the Data Scientist Underwriting Analytics:

• Using state-of-the-art predictive modelling techniques (GLM GBM ) to refine segmentation models and underwriting rules for the general insurance automobile and residential products for the TD Insurance Canadian market
• Provide expertise on mathematical concepts for the broader analytics team and inspire the adoption of advanced analytics and machine learning across the organization.
• Keep current on emerging trends/ developments and grow knowledge of the business related tools and techniques.
• Pushing forward the knowledge of the clients expected risk and profitability to the business by leveraging insight and making data-driven decisions
• Execution and presentation of numerous underwriting analyses aiming to support growth and profitability objectives of TD Insurance
• Development and maintenance of tools to monitor the evolution of our portfolio
• Collaboration with numerous departments within the organization (Underwriting Underwriting Strategy Pricing Product DAI Risk Management Client Service Center etc.)

Job Requirement

• Bachelors or masters degree in one of the following: Statistics Mathematics Actuarial Science Computer science predictive models
• 3 years work experience in an industry setting
• Analytical mind and ability to make sound decisions
• Good organizational and time management skills
• Highly adaptable to changing situations
• Programming skills (SAS VBA Python R etc.) and knowledge of Microsoft Office Suite
• Deep understanding of a broad spectrum of modern machine learning techniques and their practical applications
• Experience in the insurance industry would be an asset
• Effective written and oral communication skills in English and French (an asset)

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. Everyday we strive to make every interaction product and experience remarkably human and refreshingly simple for more than four million customers who count on us.

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.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

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):