Actuarial Analyst III - Development and Optimization

Job Description

Part of the Corporate Actuarial department, the Project Development & Optimization team participates in various projects with respect to the liability valuation, strategic planning, capital and risk management team for General Insurance.

The Corporate Actuarial - Project Development & Optimization team is tasked with:

• Supporting the other teams by investigating new actuarial techniques used to determine reserves, capital and financial projections
• Developing new tools, testing new features of existing tools, participating in the deployment of these tools, ensuring sufficient control are in place and maintaining tools
• Periodically reviewing current processes, enhancing and optimizing them
• Participating in various analyses, such as profitability analysis of different segments of TD insurance portfolio or impact analysis of economic factors on future reserves
• Actively collaborating with different stakeholders within the company, such as Finance, Pricing, Reinsurance, Claims Operations and Analytics & Modelling

In the role, the candidate will have to:

• Enhance current processes to maximize efficiency
• Partake in development and implementation of reusable tools
• Assimilate research papers and demonstrate applicability to business use
• Explain highly complex problems in a concise manner
• Efficiently communicate information to colleagues and stakeholders
• Develop detailed execution plan, manage stakeholder deliverables and rigorously track the progress of multiple projects
• Coach, develop and inspire colleagues toward reaching new goals and becoming tomorrow's leader

Work Location: Toronto, Ontario, Canada

Hours: 35

Line of Business: Data & Analytics

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

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.

Analytical/Technical

Skills:

• Stands out for their judgment and analytical mind
• Has strong problem-solving skills
• Skilled at anticipating the results of an analysis or a report
• Recognized for their thoroughness and the quality of their work
• Shows initiative, creativity and critical thinking in their work
• Advanced knowledge in programming languages (e.g., R, Python, SQL, VBA or other)
• Ease to learn new programing languages, software and concepts
• Strong knowledge of financial statements, the insurance industry and risk management concepts is an asset

Soft Skills:

• Ability to communicate effectively in English, both verbally and in writing
• Highly adaptable for having discussions with different stakeholders in terms of expertise, training and hierarchical position
• Ability to work effectively during periods of stress
• Ability to collaborate and build positive relationships with business partners
• Autonomous and perseverant

Professional Requirements:

• Bachelor's degree in Actuarial science, or other quantitative area of study
• Acquired or working towards Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
• Experience in Corporate Actuarial is an asset

Additional Information

• Bilingualism (Eng./Fr.) is considered a strong asset for this role.
• This role is flexible and could potentially be adaptable to a junior or senior analyst role according to the applications received.

Who We Are:

As part of TD Bank Group, one of Canada's largest…