Actuarial Analyst II - Pricing

Pay Details
78 600 $ / 78, $ / 110,000 CAD

Work Location
Montréal, Quebec, Canada

Hours
35

Line Of Business
Data & Analytics

Salary Premium
This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role. 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  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 candidate's 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.

The GI Pricing and Profitability team is expanding, and many new positions are now available! Our team is crucial in maintaining the company's financial health and competitive edge. By leveraging data analysis, actuarial science, and market research, we ensure profitability while offering fair and attractive rates that comply with provincial regulations. This growth offers incredible opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey.

Multiple Actuarial Analyst II positions are available within the GI Pricing and Profitability team. As an Actuarial Analyst II, you will focus on delivering high‑quality actuarial analyses to achieve business objectives. Reporting to the Actuarial Manager, the Actuarial Analyst II is expected to demonstrate strong analytical skills and ability to collaborate with other team members to deliver impactful analysis that aligns with the team's strategic direction.

• Regional Auto (Atlantic) or Residential Pricing
• Update pricing algorithm to support business objectives toward profitability and growth
• Develop and execute strategies to accelerate profitable growth
• Prepare filing documentation and support to regulatory bodies, where required
• Pricing Optimization
  • Build and apply models and optimization techniques to recommend premium adjustments
  • Track the performance of deployed strategies
• Financial Performance
  • Perform financial tracking of pricing strategies, comparing projections to actual results
  • Contribute to the ongoing improvements of financial tracking processes
• Affinity Market Group (AMG)
  • Review and update group discounts to support affinity‑related pricing and business objectives
  • Monitor affinity group profitability to inform pricing decisions
  • Review and update profit‑sharing strategies to support AMG regulatory and contractual requirements
• Initiatives & Governance
  • Support internal product and pricing initiatives from the initial business case to rate filings
  • Support the development and adherence to pricing controls, ensuring proper governance
• Usage Based Insurance (UBI) Pricing
  • Support monitoring of UBI driving patterns and competitive trends.
  • Contribute to the continuous improvement of the UBI pricing strategy.
• Rating Migration
  • Support the migration to a state‑of‑the‑art pricing and rating platform
  • Contribute to enhance the way the development and deployment teams work together

• University degree in Actuarial Science or related field
• 3+ years of related experience
• Excellent knowledge of Excel
• Proficiency and interest for programming, notably with SQL and R
• Strong aptitude for teamwork
• Autonomous and resilient; shows initiative and creativity in their work

• Prior experience with predictive modeling
• Working toward ACIA/ACAS designation

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