Work Location: Toronto, Ontario, Canada Hours: 35 Line of Business: Data & Analytics Pay Details: 93 100 $/$93,100 - 130 000 $/$130,000 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 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 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 Insurance Risk Management (IRM) is responsible for the IRM program across TD Insurance. The team ensures alignment with TD’s Insurance Risk Policy by challenging corporate actuarial reserves, pricing analyses, and business initiatives from an insurance risk perspective. IRM produces reports and dashboards for risk committees and leads the Own Risk Solvency Assessment (ORSA) process. The goal is to deliver efficient, thorough, and well-documented risk challenges that add value and support timely risk-taking decisions. Job Description As an Actuarial Analyst III within TD Insurance IRM, you will contribute to the success of the TDI Insurance Risk Management team by participating in the following activities: Participate in the challenge of the Corporate Actuarial team's reserves estimates by deriving provisions for insurance contract liabilities estimates on assigned lines of business and identifying the drivers of difference between IRM and Corporate Actuarial's estimates; Participate in the challenge of the Pricing team's indicated rate changes by deriving indicated rate changes on assigned lines of business and identifying the drivers of difference between IRM and Pricing's estimates; Participate in the challenge of the Reinsurance's strategy and program design; Participate in the documentation, reporting and communication related to the independent reviews performed by the team; Participate in the challenge of TDI initiatives affecting Insurance risks; Participate in the production of the ORSA Report including the assessment of risks and recommended internal capital targets; Participate in the development, in collaboration with our business partners, of Key Risk Indicators for Insurance Risk, in the monitoring, reporting and communication related to these risk indicators; Participate in the design and the implementation of process improvements in order to achieve more efficient and insightful challenges; Contribute to building, developing and maintaining effective relationships with our business partners; Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts. Job Requirements Minimum of five years of actuarial experience in the general insurance field Actuarial experience at an insurance company in risk management, pricing, reserving, underwriting, reinsurance or product development function. Bachelor's degree in Actuarial Sciences or related field, acquired or working towards Fellowship with the Casualty Actuarial Society and Canadian Institute of Actuaries or equivalent Superior written and oral communication skills. French is an asset. Excellent knowledge of the Microsoft Office Suite Knowledge and interest for programming, notably SQL, VBA and R (preferred) Advanced analytical, decision-making, strong problem-solving skills and the ability to proactively identify risks/issues and recommend solutions Client-focused and aptitude for teamwork with solid organizational and communications skills Highly adaptable to change Autonomous and perseverant; shows initiative and creativity in their work Recognized for their thoroughness and the quality of their work 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. More than four million customers count on us. As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce. 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: We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re 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 you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals. Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role. Interview Process We’ll 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 you’d 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 Objet US Labor & Employment Posters | California Privacy | Accessibility | FAQ Our Values At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture. Our Commitment to Diversity, Equity, and Inclusion At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve. Helping to Make an Impact in Communities – TD Ready Commitment TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific
