TD Bank

Actuarial Analyst III

TD Bank$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science or related field
  • 5+ years of actuarial experience in Property & Casualty insurance
  • Working towards a Fellowship (CAS or CIA)
  • Proficiency in programming, preferably Python and SQL
  • Knowledge of PowerBI is an asset

Responsibilities

  • Direct and analyze actuarial research to align risk mitigation with business growth.
  • Develop monitoring reports for analyzing long-tail claims experience.
  • Collaborate with claims operations to identify key performance indicators.
  • Create visualizations to illustrate trends for the legal team.
  • Review standard actuarial techniques and modify procedures as needed.
  • Coordinate documentation to support actuarial conclusions.
  • Support analytics delivery from claims operations and legal teams.

Benefits

  • Commitment to fair and equitable compensation.
  • Growth opportunities and skill development.
  • Open dialogue about compensation questions.
  • Supportive of a diverse workforce.
  • Maintain a culture of risk management and control.
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

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:

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 workproductto 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 companylong tailclaims experience

  • Collaborate withtheclaimsoperationsteaminthe identification of key performance indicatorsand metrics

  • Buildproper visualization(dashboards)or presentation to illustrate trendsfor 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 withtheclaims operations and legalteamsto 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,meetbusiness needs,complieswith internal and external requirements, andalignswith business priorities

  • Ensure business operationsare in compliance withapplicable 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 opportunitiesexist

EMPLOYEE / TEAM

  • Participatefully 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/orindustry knowledge for own area of expertise and participate in knowledge transfer within the team and business unit

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

  • May provide guidance onday-to-dayprofessional 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 provideday-to-daywork direction where appropriate

  • Keep others informed andup to dateabout 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

  • Usesadvanced 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

  • Solvesmoderately complex problems by taking a new perspective on existing solutions

  • Generallyreports to a Manager / Senior Manager

EXPERIENCE & EDUCATION

  • Bachelor's degree inActuarialScienceor related field

  • 5+ years ofactuarial experience in Property & Casualty insurance

  • Generally working towards a Fellowship(CAS or CIA)

  • Proficiency and interest in programming, preferably Python and SQL

  • Knowledge of PowerBI an asset

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
Net Income
-$6.9 million
5 Year Trend
+6.6%

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