ACTUARY - Insurance

Data & Analytics

78 600 $/$78,600 - 110 000 $/$110,000 CAD

This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. TD is committed to providing fair and equitable compensation opportunities to all colleagues. 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. It takes an astute combination of analytical skills, business knowledge and an understanding of human behavior 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 fulfill 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.
The Valuation team is part of the Corporate Actuarial department. The selection of techniques to determine unpaid claims requires a very good understanding of the business, including historical changes in terms of product offering and legislative reforms. Tools and techniques must be periodically reviewed, improved, and optimized to stay relevant for the specific circumstances of the different lines of business. Actuarial provisions must be calculated in accordance with current actuarial literature, legislation, and accounting standards.

The responsibility relates to building meaningful reports to monitor the adequacy of actuarial provisions over time. The appointed actuary report is produced, audited and peer reviewed yearly.
Implement risk mitigation, risk controls as well as processes, policies, and procedures for the team.
Bachelor's degree in Actuarial science or other quantitative area of study
Working towards obtaining Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
Analytical/technical Skills:
Recognized for his/her thoroughness and the quality of his/her work
Has work experience with MS Excel (VBA), programming languages (eg. R/SAS/Python)
Ability to communicate effectively in English, both verbally and in writing. Bilingualism (English and French) is an asset for this role
Highly adaptable for having discussions with different stakeholders in terms of expertise, training and hierarchical position
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.
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. 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.
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.
We do our best to communicate outcomes to all applicants by email or phone call.
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.
Language Requirement (Quebec only):