Actuarial Analyst

Position: Actuarial Analyst I
## Actuarial Analyst IApplyremote type:
On Site locations:
Toronto, Ontario time type:
Full time posted on:
Posted 2 Days Agotime left to apply:
End Date:
June 26, 2026 (20 days left to apply) job requisition :
R 1491393
*
* Work Location:

** Toronto, Ontario, Canada
*
* Hours:

** 37.5
** Line of Business:
** Data & Analytics
** Pay Details:
** 58 800 $/$58,800 - 83 000 $/$83,000 CADTD 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.
*
* Job Description:

**** DEPARTMENT OVERVIEW
** TD Reinsurance (Barbados) Inc. (TDRB) is a reinsurance company domiciled in Barbados. The Company's ultimate parent is The Toronto-Dominion Bank (TD Bank), one of Canada’s largest financial institutions. The TDRB subsidiary has been in operation for more than 30 years and is regulated locally by The Financial Services Commission.

TDRB assumes Life & Health Insurance risks from Canadian primary insurers and General Insurance risks from an affiliate insurance company within the TD Bank Group (TDBG). TDRB also assumes Life & Health Insurance and Annuities risks from large European reinsurers and likewise retrocedes Canadian Life & Health risks to these reinsurers.

The Actuarial Analyst will report directly to the Senior Manager Actuary and support the actuarial functions of TDRB's operations.
** JOB DESCRIPTION
** The Actuarial Analyst will report directly to the Senior Manager Actuary, TD Reinsurance (Barbados) Inc.
*
* Key Accountabilities:

**** Financial Reporting and Validation
** Assume an integral role in the overall production of monthly Financial Statements for the Company.

Prepare monthly reporting inputs into the SAS system.

Complete independent validation of SAS output, income statements, and balance sheets, with results consistently aligning to expected outcomes and issues clearly documented and resolved where required.

Identify and implement processes to improve efficiency and effectiveness.
** Stress Testing and Capital Management
** Perform activities relating to the stress testing and capital management of TDRB's businesses, to ensure the Company's resilience under various macroeconomic scenarios.
** Actuarial Analysis and Reinsurance Pricing
** Support actuarial and technical aspects of TDRB's annual reinsurance renewal process, such as pricing reviews, due diligence assessments, and experience analyses.

Support analysis of reinsurance contracts underwritten to ensure contracts are profitable and comply with TDRB's Underwriting Policy.

Assist with the implementation of new initiatives compliant with TDI/TDRB strategy.
** Risk Management and Governance & Control
** Assisting in identifying and evaluating major risk categories including operational, insurance, financial, strategic risks, etc. to ensure all risks align to the Bank's risk appetite.

Supporting the implementation of risk mitigation strategies and policies.

Participate in the assessment of key risks, processes, and controls within the business unit and support the management of self-assessments.

Develop and maintain models and documentation in compliance with the model governance framework.## ##
** JOB REQUIREMENTS
*** Experience of 1-3 years working experience in Insurance/Reinsurance industry
* Undergraduate degree in Actuarial Sciences or other related field.
* 3+ Actuarial Exams, candidate for ACIA/ASA
* Experience with IFRS
17 accounting will be considered an asset but not required
* Knowledge of MS Outlook, Excel, Word, Access Database, PowerPoint, Moody's AXIS and collaborative software such as Web Ex and MS Teams
** Required Skills & Abilities:
*** Strong analytical and problem-solving skills
* Excellent ability to work under pressure in a dynamic, fast-paced and deadline-driven environment.
* Excellent organizational skills with the capability to manage several competing priorities and successfully deliver in a responsive manner.
* Ability to work as part of a team and/or independently
* Acute attention to detail.
* Effective written and verbal communication skills##
** ADDITIONAL INFORMATION
*** While the majority of the TDRB Team is based in Barbados, the Actuarial Analyst position is expected to be filled in
** Toronto, Ontario, Canada**. Therefore, team collaboration will be via remote connection. The successful applicant will be required to work from a physical TD location at least 3 days per week in accordance with TD's workplace model.
* Applications must…