Actuarial Analyst Iii - Canada - TD Bank

TD Bank

Verified Company

Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

401839BR

Insurance

Montreal, QC

March 8, 2023

Company Overview

Department Overview

Ground-breaking projects and careers in TD Actuary

It takes an astute combination of analytical skills, business knowledge and an understanding of human behaviour to navigate today's complex risk factors in business - and banking.

This is the special expertise of the Actuary professional community at TD.

Actuary roles help us strategically plan our future business success and increasingly, to fulfil specialized functions in areas such as pricing, underwriting, insurance, reinsurance and of course, risk management.

We value and customers benefit from the tremendous actuarial talent at the Bank and craft these roles with opportunities for personal and professional growth.

Job Description:

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

The Corporate Actuarial - Research and development 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, Claims Operations and Analytics & Modelling
Partake in implementation of IFRS17 for Corporate Actuarial
Partake in development and implementation of advanced predictive analytics methods
Create and maintain wellstructured and 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 internal clients
Develop detailed execution plan, manage internal client deliverables and rigorously track the progress of multiple projects
Coach, develop and inspire colleagues toward reaching new goals and becoming tomorrow's leader

Requirements:

Analytical/Technical Skills:

Stands out for their judgment and analytical mind
Has strong problemsolving 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
Knowledge in predictive modeling is an asset
Knowledge of IFRS 17 is an asset
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
Minimum 5 years of Property & Casualty actuarial experience
Experience in Corporate Actuarial is an asset

Additional Information
Bilingualism (Eng./Fr.) is considered a strong asset for this role.

Flexible Work Options

N/A

Hours

35

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve.

If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.