TD Bank

Actuarial Analyst III

TD Bank • $100K — $130K *
Montreal, QC H1A 0A1In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science or related field
  • 5+ years of actuarial experience in Property & Casualty insurance
  • Progressing towards a Fellowship (CAS or CIA)
  • Proficiency in programming, particularly Python and SQL
  • Knowledge of Power BI is a plus
  • Ability to communicate effectively in both English and French (or another language)

Responsibilities

  • Direct and analyze actuarial research to align with business growth objectives
  • Develop monitoring reports for long tail claims analysis
  • Collaborate with claims operations on key performance indicators
  • Create dashboards to visualize trends for the legal team
  • Identify areas for improvement through detailed analyses
  • Ensure documentation supports actuarial conclusions
  • Support analytics delivery in partnership with claims operations and legal teams

Benefits

  • Flexible working hours
  • Professional development opportunities
  • Supportive team environment
  • Diverse and inclusive workplace culture
  • Recognition programs for contributions
  • Mentorship and coaching programs
Full Job Description
Work Location:
Montréal, Quebec, Canada

Hours:
35

Line of Business:
Data & Analytics

Pay Details:
100 000 $/$100,000 - 130 000 $/$130,000 CAD

Direct actuarial related work / projects for own area, prepares, and performs a range of actuarial analysis, research and validations. Make recommendations for final work product or outcomes. May have primary responsibility in one or more functional or business area. Begin to communicate actuarial ideas and work product to a broad range of stakeholders.

KEY ACCOUNTABILITIES

CUSTOMER

  • Direct, prepare, perform, and analyze actuarial research and ensure risk mitigation and business growth objectives are aligned


  • Develop appropriate monitoring reports for analyzing company long tail claims experience


  • Collaborate with the claims operations team in the identification of key performance indicators and metrics


  • Build proper visualization (dashboards) or presentation to illustrate trends for the legal team


  • Develop analyses to identify areas of opportunities/improvements


  • Review and interpret the indications of standard actuarial techniques, and recognize situations that require modifications to normal procedures


  • Coordinate the preparation of documentation to support actuarial conclusions


  • Work in partnership with the claims operations and legal teams to provide day-to-day support and delivery of analytics


SHAREHOLDER

  • Develop and enhance functional procedures including review for actuarial soundness


  • Ensure maintenance of controls, policies and procedures for the actuarial function


  • Support implementation of best practices, risk mitigation, risk controls as well as process, policy and procedures for the actuarial function.


  • Assist with organization's financial structure, complete financial projections, and perform actuarial analysis


  • Adhere to enterprise frameworks or methodologies that relate to activities for our business area


  • Ensure respective programs/policies/practices are well managed, meet business needs, complies with internal and external requirements, and aligns with business priorities


  • Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)


  • Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations


  • Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience


  • Lead / facilitate and/or implement actions / remediation plans to address performance/risk/governance issues


  • Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements


  • Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts


  • Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite


  • Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist


EMPLOYEE / TEAM

  • Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest


  • Provide thought leadership and/or industry knowledge for own area of expertise and participate in knowledge transfer within the team and business unit


  • Keep current on emerging trends, developments, reforms and grow knowledge of the business, related tools and techniques


  • May provide guidance on day-to-day professional work of other team members / actuarial analysts


  • Participate in personal performance management and development activities, including cross training within own team


  • May supervise other team members / actuarial professionals and/or provide day-to-day work direction where appropriate


  • Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities


  • Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.


  • Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.


  • Contribute to a fair, positive and equitable environment that supports a diverse workforce


  • Act as a brand ambassador for your business area/function and the bank, both internally and/or externally


BREADTH & DEPTH

  • professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas


  • Acts as a subject matter expert within their own area of specialty or a resource for others


  • Leads projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs


  • Solves complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders


  • Uses advanced methods to contribute to new solutions and recommend standards against which others will operate


  • Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels


  • Solves moderately complex problems by taking a new perspective on existing solutions


  • Generally reports to a Manager / Senior Manager


EXPERIENCE & EDUCATION

  • Bachelor's degree in Actuarial Science or related field


  • 5+ years of actuarial experience in Property & Casualty insurance


  • Generally working towards a Fellowship (CAS or CIA)


  • Proficiency and interest in programming, preferably Python and SQL


  • Knowledge of Power BI an asset


Language Requirement (Quebec only):
Maîtrise d'une langue autre que le français pour offrir du soutien ou traiter avec des employés ou des collègues qui ont besoin de services et de soutien dans une langue autre que le français.

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at TD Bank

More Finance & Insurance Jobs

Find similar Actuarial Analyst III jobs:

NationwideMontreal, QC