Insurance actuary

Data & Analytics

93 100 $/$93100 - 130 000 $/$130000 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 todays 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.

The Budgeting and Forecasting team is part of the Corporate Actuarial the role the candidate will partake in the main responsibilities of the team including:
Expected claims costs must be projected and if not done properly profit or growth objectives will significantly be impacted. The projection includes an estimate future reserve variations which are used to project investment returns a projection of future fiscal year claims expenses and is used as the main input to the Financial Condition Testing (FCT)

The responsibility relates to building meaningful reports on actual vs planned premium projections claims experience on a frequency and severity basis and monthly financial results that provide insightful information to management that will allow for appropriate decision making

Implement risk mitigation risk controls as well as processes policies and procedures for the team and support the other Corporate Actuarial teams during peak time

Bachelors 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
Skilled at anticipating the results of an analysis or a report
Recognized for his/her/their thoroughness and the quality of his/her/their work
Has work experience with MS Excel. Programming skills in VBA or R is an asset

Ability to communicate well verbally and in writing. Bilingualism (English and French) is an asset for this role

As part of TD Bank Group one of Canadas 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. Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve 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 youd 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):