Actuarial Analyst I - Project Development & Optimization
TD Bank
Work Location: Toronto, Ontario, CanadaHours: 35Line of Business: Data & AnalyticsPay Details: 100 000 $/$100,000 - 130 000 $/$130,000 CADTD 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
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 projectionsDeveloping new tools, testing new features of existing tools, participating in the deployment of these tools, ensuring sufficient control are in place and maintaining toolsPeriodically reviewing current processes, enhancing and optimizing themParticipating in various analyses, such as profitability analysis of different segments of TD insurance portfolio or impact analysis of economic factors on future reservesActively collaborating with different stakeholders within the company, such as Finance, Pricing, Reinsurance, Claims Operations and Analytics & ModellingIn the role, the candidate will have to:
Enhance current processes to maximize efficiencyPartake in development and implementation of reusable toolsAssimilate research papers and demonstrate applicability to business useExplain highly complex problems in a concise mannerEfficiently communicate information to colleagues and stakeholdersDevelop detailed execution plan, manage stakeholder deliverables and rigorously track the progress of multiple projectsCoach, develop and inspire colleagues toward reaching new goals and becoming tomorrow's leaderJob Requirements
Analytical/Technical Skills:
Stands out for their judgment and analytical mindHas strong problem-solving skillsSkilled at anticipating the results of an analysis or a reportRecognized for their thoroughness and the quality of their workShows initiative, creativity and critical thinking in their workAdvanced knowledge in programming languages (e.G., R, Python, SQL, VBA or other)Ease to learn new programing languages, software and conceptsStrong knowledge of financial statements, the insurance industry and risk management concepts is an assetSoft Skills:
Ability to communicate effectively in English, both verbally and in writingHighly adaptable for having discussions with different stakeholders in terms of expertise, training and hierarchical positionAbility to work effectively during periods of stressAbility to collaborate and build positive relationships with business partnersAutonomous and perseverantProfessional Requirements:
Bachelor's degree in Actuarial science, or other quantitative area of studyAcquired or working towards Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalentExperience in Corporate Actuarial is an assetWho 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.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 moreAdditional 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
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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 projectionsDeveloping new tools, testing new features of existing tools, participating in the deployment of these tools, ensuring sufficient control are in place and maintaining toolsPeriodically reviewing current processes, enhancing and optimizing themParticipating in various analyses, such as profitability analysis of different segments of TD insurance portfolio or impact analysis of economic factors on future reservesActively collaborating with different stakeholders within the company, such as Finance, Pricing, Reinsurance, Claims Operations and Analytics & ModellingIn the role, the candidate will have to:
Enhance current processes to maximize efficiencyPartake in development and implementation of reusable toolsAssimilate research papers and demonstrate applicability to business useExplain highly complex problems in a concise mannerEfficiently communicate information to colleagues and stakeholdersDevelop detailed execution plan, manage stakeholder deliverables and rigorously track the progress of multiple projectsCoach, develop and inspire colleagues toward reaching new goals and becoming tomorrow's leaderJob Requirements
Analytical/Technical Skills:
Stands out for their judgment and analytical mindHas strong problem-solving skillsSkilled at anticipating the results of an analysis or a reportRecognized for their thoroughness and the quality of their workShows initiative, creativity and critical thinking in their workAdvanced knowledge in programming languages (e.G., R, Python, SQL, VBA or other)Ease to learn new programing languages, software and conceptsStrong knowledge of financial statements, the insurance industry and risk management concepts is an assetSoft Skills:
Ability to communicate effectively in English, both verbally and in writingHighly adaptable for having discussions with different stakeholders in terms of expertise, training and hierarchical positionAbility to work effectively during periods of stressAbility to collaborate and build positive relationships with business partnersAutonomous and perseverantProfessional Requirements:
Bachelor's degree in Actuarial science, or other quantitative area of studyAcquired or working towards Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalentExperience in Corporate Actuarial is an assetWho 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.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 moreAdditional 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
#J-18808-Ljbffr
Vacancy posted 3 hours ago
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