Actuarial Analyst I

TD•Toronto, ON

1d•CA$58,800 - CA$83,000•Onsite

About The Position

This is an entry-level role focused on providing specialized business services, advisory, or process/program support within the Actuarial function. The role involves supporting the business and team by performing general analytical tasks, assisting in the preparation of statistical analyses and financial statements (premiums, losses, expenses), documenting factors, methodologies, and assumptions, and aiding in the development of management, financial, and actuarial data, models, or tools. The position also involves producing documents for regulatory submissions. The role requires sound conceptual knowledge in actuarial science and typically does not involve supervisory accountability, though informal guidance to others may be provided. The Actuarial Analyst I works under close management supervision and guidance and may lead small projects or support work streams within larger projects. The role generally reports to a Manager or Senior Manager.

Requirements

University degree
1+ years of related experience

Responsibilities

Support the business and overall team by providing general analytical support to the Actuarial function.
Assist in the preparation of statistical analyses or financial statements, involving premiums, losses and expenses documenting and verifying applied factors, methodologies and assumptions.
Assist in developing management, financial and actuarial data, models or tools.
Produce documents for regulatory submissions.
Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate.
Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area.
Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk activities as necessary.
Identify, recommend and effectively execute standard practices applicable to the discipline.
Adhere to internal policies/procedures and applicable regulatory guidelines.
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
Contribute to the rating team’s innovation culture that will allow the company to increase its competitiveness.
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest.
Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit.
Participate in personal performance management and development activities, including cross training within own team.
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 the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
Contribute to a fair, positive and equitable environment that supports a diverse workforce.
Act as a brand champion for your business area/function and the bank, both internally and/or externally.