Actuarial Analyst Ii - Montréal, Canada - TD Bank

TD Bank

Verified Company

Montréal, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

399658BR

Insurance

Montreal, QC

February 16, 2023

Company Overview

Department Overview

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.

Job Description:

Reporting to the Actuarial Manager, Pricing Initiatives & Governance, the Actuarial Analyst II, Pricing Initiatives & Governance plays a key role in:

Participate in Canada-wide pricing rate change or product change initiatives to improve profitability of our auto and home products
Defining TDI's Risk Sharing Pool (RSP) strategy to maximize profits from cession
Producing and validating monthly and quarterly RSP reports including cession and profit oversight
Provide the Facility Association, TDI Risk Management and TDI Corporate Finance with all necessary cession projections and regularly update those projections
Be the main point of contact with the Facility Association for RSP Pricing related matters
Continuous oversight on Pricing Governance and controls
Manage regulatory requests and ensure Pricing abides by regulations for all regions and products
Be the main contact point for the following teams: Business Operations & Controls, Risk Management, Internal Audit, Global Controls Office, Legal, Compliance,
Manage the multiple audits (Internal, SOX, FSRA, OSFI, FA, Compliance, and many more)
Gain a deep understanding of the various Pricing functions and propose improvements to increase efficiency

Requirements:

What can you bring to TD? Tell us about your most relevant experience, credentials and knowledge for this role, as well as these requirements and desired attributes:

Three to five years of actuarial experience in Property & Casualty
Bachelor degree in Actuarial Sciences or related field
ACAS near completion or at least six Casualty Actuarial Society professional exams (preferred)
Excellent knowledge of Excel
Proficiency and interest for programming, notably SAS, VBA, R, Python
Predictive modeling is a large asset
Advanced analytical, decisionmaking and problem solving skills
Clientfocused and aptitude for teamwork with solid organizational and communications skills
Autonomous and perseverant; shows initiative and creativity in their work
Recognized for their thoroughness and the quality of their work

Flexible Work Options

N/A

Hours

35 hours - 9am to 5pm - Monday to Friday

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.