Intermediate Actuarial Analyst - Pricing

About the role

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 more Additional 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

Responsibilities

• Regional Auto (Atlantic) or Residential Pricing
• Update pricing algorithm to support business objectives toward profitability and growth
• Develop and execute strategies to accelerate profitable growth
• Prepare filing documentation and support to regulatory bodies, where required
• Pricing Optimization
• Build and apply models and optimization techniques to recommend premium adjustments
• Track the performance of deployed strategies
• 3.Financial Performance
• Perform financial tracking of pricing strategies, comparing projections to actual results
• Contribute to the ongoing improvements of financial tracking processes
• Affinity Market Group (AMG)
• Review and update group discounts to support affinity-related pricing and business objectives
• Monitor affinity group profitability to inform pricing decisions
• Review and update profit-sharing strategies to support AMG regulatory and contractual requirements
• Initiatives & Governance
• Support internal product and pricing initiatives from the initial business case to rate filings
• Support the development and adherence to pricing controls, ensuring proper governance
• Usage Based Insurance (UBI) Pricing
• Support monitoring of UBI driving patterns and competitive trends.
• Contribute to the continuous improvement of the UBI pricing strategy.
• Rating Migration
• Support the migration to a state-of-the-art pricing and rating platform
• Contribute to enhance the way the development and deployment teams work together
• JOB REQUIREMENTS
• University degree in Actuarial Science or related field
• 3+ years of related experience
• Excellent knowledge of Excel
• Proficiency and interest for programming, notably with SQL and R
• Strong aptitude for team work
• Autonomous and resilient; shows initiative and creativity in their work

Requirements

• Prior experience with predictive modeling
• Working toward ACIA/ACAS designation

Additional Information

Work Location: Montréal, Quebec, Canada Hours: 35 Line of Business: Data & Analytics Pay Details: 66 800 $/$66,800 - 94 300$/$94,300 CAD TD 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: DEPARTMENT OVERVIEW The GI Pricing and Profitability team is expanding, and many new positions are now available! Our team is crucial in maintaining the company's financial health and competitive edge. By leveraging data analysis, actuarial science, and market research, we ensure profitability while offering fair and attractive rates that comply with provincial regulations. This growth offers incredible opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey. POSITION OVERVIEW Multiple Actuarial Analyst positions at the intermediate level are available within the GI Pricing and Profitability team. As an Actuarial Analyst II, you will focus on delivering high-quality actuarial analyses to achieve business objectives. Reporting to the Actuarial Manager, the Actuarial Analyst II is expected to demonstrate strong analytical skills and ability to collaborate with other team members to deliver impactful analysis that align with the team's strategic direction.

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at TD Bank? Share your experience