Actuarial Specialist - Pricing Initiatives & Governance Job Toronto area,Ontario Canada,Finance & Banking

Description

GI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurance's business objectives in compliance with jurisdictional premium regulations.

Pricing is a determining component of our home and auto insurance products that cater to direct and affinity markets.

Reporting to the Actuarial Senior Manager, Pricing Initiatives, UBI & Governance, the Actuarial Specialist, Pricing Initiatives & Governance plays a leadership role in:

Supporting the execution of pricing and actuarial initiatives across products and markets, ensuring alignment with business objectives and regulatory expectations

Lead and contribute to strategic initiatives such as marketing refresh programs, including analysis, implementation support, and tracking of business impacts (retention, growth, profitability)

Support the design, monitoring, and continuous improvement of customer programs and pricing strategies aimed at improving retention, customer experience, and competitive positioning

Coordinate the preparation and review of documentation for pricing changes, initiatives, and governance requirements, ensuring clarity, consistency, and adherence to internal standards

Partner with Product, Marketing, Pricing, and Distribution teams to support the implementation of business initiatives, ensuring actuarial considerations are effectively integrated into decision-making

Contribute to the development and maintenance of streamlined processes, tools, and templates to improve efficiency, consistency, and scalability of actuarial and pricing activities

Identify opportunities for process improvements and automation to reduce manual effort, enhance data quality, and improve turnaround time for analyses and deliverables

Assist in ensuring appropriate controls, documentation, and review processes are in place for pricing changes and model updates, with a focus on practicality and efficiency

Collaborate with Risk, Compliance, and Governance teams to support key deliverables (e.g., audit requests, model documentation) in a pragmatic and business-focused manner

Monitor emerging trends, regulatory developments, and competitive actions to inform initiative design and support proactive adjustments to pricing and product strategies

Develop strong working relationships with stakeholders across business and functional teams to facilitate effective delivery of initiatives and alignment on priorities

Build for the future

Contribute to the evolution of best practices in pricing initiatives, process optimization, and delivery frameworks

Share knowledge and support team members in adopting new tools, processes, and ways of working

Act as a resource and mentor for junior team members on initiative execution and actuarial best practices

Job Requirements

At least 7 years of actuarial experience in Property & Casualty

Bachelor's degree in actuarial sciences or related field

FCIA near completion or at least seven Casualty Actuarial Society professional exams (preferred)

Excellent knowledge of Excel

Proficiency and interest for programming, notably SAS, VBA, R, Python

Advanced analytical, decision-making and problem solving skills

Client-focused and aptitude for teamwork with solid organizational and communications skills

Excellent time management skills with a proven ability to meet deadlines.

Autonomous and perseverance; shows initiative and creativity in their work

Recognized for their thoroughness and the quality of their work

Note that candidates located in Quebec City are eligible to work from the Quebec office

Who We Are:

As part of TD Bank Group, one of Canada's 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.

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