Senior Manager Insurance Investment Management
Job Summary
Work Location:
Toronto Ontario CanadaHours:
37.5Line of Business:
FinancePay Details:
$115600 - $163200 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.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:
TDBG Description
TD is a great organization powered by great people who want to make a difference every day. Our over 100000 employees world-wide are a big part of what makes TD stand out from any other organization. Every day we deliver legendary customer and client experiences to our approximately 28 million customers. Were an award-winning organization that reinvests constantly to ensure future growth.
Were recognized as an extraordinary place to work that embraces diversity where everyone is respected and valued. TD is the sixth largest bank in North America with many exciting and challenging career opportunities in our four key businesses:
- Canadian Personal and Commercial Banking - including TD Canada Trust and TD Insurance
- Wealth Management - including TD Waterhouse and TD Asset Management
- U.S. Personal and Commercial Banking - including TD Bank Americas Most Convenient Bank
- Wholesale Banking - including TD Securities
Department Overview
The Treasury and Balance Sheet Management (TBSM) function is responsible for managing market and liquidity risks across TDs domestic and international banking operations.
The Insurance Investment Management team oversees the strategy governance and reporting of investment portfolios supporting TDs General Insurance Life and Health and Reinsurance businesses with approximately $9 billion.
Role Overview
This Senior Manager role provides strategic leadership and technical expertise across TDs insurance investment portfolios. The position is responsible for shaping investment strategy optimizing portfolio construction strengthening investment governance and supporting effective decisionmaking across the insurance businesses. The role works closely with senior stakeholders and governance committees and plays a key role in advancing portfolio performance capital efficiency and risk management.
Key Accountabilities
- Provide seniorlevel investment thought leadership contributing to strategic direction portfolio construction and longterm insurance investment initiatives.
- Lead the optimization of insurance investment portfolios evaluating riskreturn tradeoffs capital efficiency liquidity resilience and alignment with liability and regulatory characteristics.
- Research evaluate and implement new asset classes and investment strategies including development of approval recommendations and establishment of appropriate governance portfolio guidelines performance measurements and reporting frameworks.
- Own investment policy governance documentation encompassing the development interpretation and maintenance of credit limit frameworks and Statements of Investment Policies and Procedures.
- Serve as a key point of contact for stakeholders clearly communicating insurance investment strategy performance and risk considerations to executive management and investment committees.
- Build strong crossfunctional relationships with actuarial finance risk capital management and business teams as well as with external managers and advisors.
- Provide subject matter expertise on insurance investment accounting and financial reporting including review and challenge of investment results valuation approaches and disclosures in support of accurate and timely financial reporting.
- Prepare and present highquality investment materials and recommendations for senior stakeholders and governance forums ensuring clarity analytical rigor and alignment with strategic objectives.
- Oversee portfolio management activities including portfolio rebalancing investment and risk reporting net investment income forecasting and other ongoing business processes.
- Contribute to broader organizational responsibilities including compliance regulatory engagement and financial reporting processes.
Specific Educational Requirements and Accreditations:
- Professional investment or risk designation (e.g. CFA FRM CAIA) or equivalent institutional investment experience required.
- Additional actuarial credentials (e.g. FSA or ASA) are considered an asset.
Required Qualifications Skills and Experience:
- 10 years of institutional investment experience including insurance investment portfolio management assetliability management and balancesheet investing.
- Experience overseeing multiasset insurance portfolios with a focus on riskreturn tradeoffs capital efficiency liquidity and liability alignment.
- Experience with investment governance including investment policies and Board or investment committee reporting in a regulated environment.
- Strong ability to partner with Actuarial Finance Risk and Capital Management teams including oversight of investment reporting and controls.
- Proven ability to communicate insurance investment strategy performance and risks to senior executives and governance forums.
Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line.
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 strive to make every interaction product and experience remarkably human and refreshingly simple for 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 foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.
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):
Sans ObjetRequired Experience:
Senior Manager