Analyste en Actuariat III

Hours35Workplace ModelHybridPay Details

We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with your recruiter and ask compensation related questions, including pay details for this role.

Department OverviewTDI Insurance Risk Management is accountable for the Insurance Risk management ("IRM") program across TDI, relying on key activities and deliverables embedded within the accountabilities of business process, risk and control owners (first line). TDI IRM is also accountable of TDI Models oversight within TD Model Risk Management.

IRM has a mandate to ensure global compliance with the Enterprise IRM Framework and Enterprise Model Risk Management (MRM) Framework while ensuring a shared focus on common ORM objectives. IRM also performs challenge of the Corporate Actuarial unpaid claims liabilities valuation review as well as the Pricing indicated rate changes as part of the Insurance Risk Program activities. This also requires the challenge of various business initiatives from an insurance risk perspective as well as the production of the ORSA report.

Job Details

This role will contribute in both IRM and MRM functions.

• Contribute to design enhanced insurance risk reporting that leverages risk analytics, analyze and interpret the output, and provide commentary insights to management and risk partners.
• Contribute to the TDI Model Oversight, working in partnership with TDI model owners, TDI Model Control Group and TD Model Risk Management, performing model reviews that are efficient, thorough and well documented. The reviews must bring value to our business partners by raising potential issues in models and model development and by proposing solutions to those issues.

The Actuarial Analyst III will contribute to the success of the Analytics and Model Risk Oversight team by participating in model validation activities and performing risk analytics to generate insights to stakeholders.

The Actuarial Analyst III is required to be highly adaptable to changes as the risk management and modeling environments of TDI along business growth are evolving rapidly.

• Reporting to the Senior Manager TD Insurance Analytics and Model Oversight.
• Contribute to the Insurance Risk Analytics oversight for TDI GI, LH and TDRB including but not limited to:
  • Developing insurance risk analytics and tools to identify risk trends
  • Conduct regular in force reviews of product profitability
  • Design enhanced insurance risk reporting to provide insights to management
  • Contribute to the assumption challenge used by actuarial teams used for business decisions and risk management
• Contribute to Model Oversight program for TDI GI, LH and TDRB, including but not limited to:
  • Review and challenge the insurance assumptions within model risk documentation
  • Report to TD MRM/MV and support them on the insurance assumptions challenge review and highlight any insurance risks aspects
  • Review TD MRM/MV validation report
  • Ensuring TDI is compliant with the TD Model Risk Policy ("MRP") and Model Risk Policy Framework
• Contribute to building, developing and maintaining effective relationship with our risk partners
• Contribute to the development of TDI colleagues on insurance risk culture (eg. roadshows, lunch & learns etc)
• Effectively communicate risk management practices, methodologies and results of risk assessments to partners of different areas

Job RequirementsWhat 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:

• 5+ years of actuarial experience in the general insurance field
• Bachelor degree in Actuarial Sciences or related field
• ACAS working towards his/her Casualty Actuarial Society Fellowship (preferred)
• Excellent knowledge of the Microsoft Office Suite
• Knowledge and interest for programming, notably SQL, VBA and R (preferred)
• Experience in predictive modeling
• Advanced analytical, decision-making and problem solving skills
• Client-focused and aptitude for teamwork with solid organizational and communications skills
• Highly adaptable to change
• Autonomous and perseverant; shows initiative and creativity in their work
• Recognized for their thoroughness and the quality of their work

Proficiency in Other than FrenchThis position requires proficiency in a language other than French to support or deal with employees or colleagues who require services and support in a language other than French.Company OverviewOur Values
At TD we're guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Making Your Well-being a Priority
A caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars — physical, financial, social and mental/emotional. In addition, we champion a safe, inclusive and supportive work environment to help colleagues feel a sense of belonging, and supported in their personal and professional growth. Through our focus on total well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes … because when colleagues feel their best, they're more likely to do their best.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their 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 including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: hybrid, onsite and primarily remote. Wherever our colleagues are working, they'll always have access to the TD community and experience our culture of care.

Who We Are
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. TD is a customer obsessed organization, and we are deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

InclusivenessOur Commitment to Diversity, Equity, and Inclusion
At TD, we're committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We're dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

How We're Helping Make an Impact in Communities
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That's why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It's our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

Accommodation
Your accessibility is important to us. 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.

We look forward to hearing from you!