TD Bank

Manager, Actuarial

TD Bank$140K — $165K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial science or a related quantitative field
  • Fellow of the Casualty Actuarial Society or pursuing equivalent designation
  • Minimum 8 years of diverse actuarial experience in general insurance
  • Management experience to develop and inspire a team
  • Strong problem-solving skills with proactive risk identification expertise
  • Excellent organizational awareness and interpersonal relationship management
  • Advanced knowledge of programming languages (R, Python, SQL, VBA, etc.)
  • Working understanding of AI, machine learning, and automation concepts

Responsibilities

  • Support actuarial teams by exploring new techniques for reserves and financial projections
  • Develop and enhance tools for actuarial processes and maintain control measures
  • Review and optimize existing processes periodically
  • Conduct profitability and impact analyses for insurance portfolios
  • Collaborate with Finance, Pricing, Reinsurance, Claims Operations, and Analytics teams
  • Communicate complex issues concisely to stakeholders
  • Lead project execution planning and track progress rigorously

Benefits

  • Collaborative work environment with diverse team interactions
  • Opportunities for professional development and coaching
  • Engagement in innovative projects using advanced actuarial techniques
  • Contributions toward strategic capital and risk management initiatives
  • Participation in cross-functional team activities enhancing overall business insights
Full Job Description
Work Location:
Montréal, Quebec, Canada

Hours:
35

Line of Business:
Data & Analytics

Pay Details:
140 000 $/$140,000 - 165 000 $/$165,000 CAD

Job Description:

Manager

Job Description

Part of the Corporate Actuarial department, the Project Development & Optimization team participates in various projects with respect to the liability valuation, strategic planning, capital and risk management team for General Insurance.

The Corporate Actuarial - Project Development & Optimization team is tasked with:

  • Supporting the other teams by investigating new actuarial techniques used to determine reserves, capital and financial projections
  • Developing new tools, testing new features of existing tools, participating in the deployment of these tools, ensuring sufficient control are in place and maintaining tools
  • Periodically reviewing current processes, enhancing and optimizing them
  • Participating in various analyses, such as profitability analysis of different segments of TD insurance portfolio or impact analysis of economic factors on future reserves
  • Actively collaborating with different stakeholders within the company, such as Finance, Pricing, Reinsurance, Claims Operations and Analytics & Modelling


In the role, the candidate will have to:

  • Enhance current processes to maximize efficiency
  • Partake in development and implementation of reusable tools
  • Assimilate research papers and demonstrate applicability to business use
  • Explain highly complex problems in a concise manner
  • Efficiently communicate information to colleagues and stakeholders
  • Develop detailed execution plan, manage stakeholder deliverables and rigorously track the progress of multiple projects
  • Coach, develop and inspire colleagues toward reaching new goals and becoming tomorrow's leader

The Manager will contribute to the success of the Project Development & Optimization team by providing guidance, support, leadership and appropriate coaching to the team.

Job Requirements

  • Bachelor's degree in Actuarial science, or other quantitative area of study
  • Fellow of the Casualty Actuarial Society or pursuing title with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
  • Minimum 8 years of diversified actuarial experience in a general insurance company
  • Experience in Corporate Actuarial is an asset


  • Management experience and ability to develop, coach and inspire a team to support medium to long-term business needs
  • Strong problem-solving skills and the ability to proactively identify risks/issues and recommend solution
  • Recognized for their thoroughness and the quality of their work
  • Strong business and financial acumen
  • Experience developing and executing on strategies and delivering superior results in both the long term and the short term
  • Shows initiative, creativity and critical thinking in their work
  • Ability to work effectively during periods of stress
  • Ability to challenge status quo and to influence change
  • High degree of organizational awareness and sensitivity - strong ability to manage productive relationships with business partners and stakeholders at various levels
  • Excellent multi-tasking skills and the ability to work in a fast-paced, often deadline-oriented and dynamic environment
  • Ability to communicate effectively in English, both verbally and in writing
  • Excellent knowledge of the Microsoft Office Suite
  • Advanced knowledge in programming languages (e.g., R, Python, SQL, VBA or other)
  • Working knowledge of artificial intelligence, machine learning, and automation concepts, with the ability to identify practical applications to improve actuarial processes and business outcomes.


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

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