Actuarial Analyst II - Pricing

TD • Montreal, QC

55d • $78,600 - $110,000

About The Position

DEPARTMENT OVERVIEW The GI Pricing and Profitability team is expanding, and many new positions are now available! Our team is crucial in maintaining the company's financial health and competitive edge. By leveraging data analysis, actuarial science, and market research, we ensure profitability while offering fair and attractive rates that comply with provincial regulations. This growth offers incredible opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey. POSITION OVERVIEW Multiple Actuarial Analyst II positions are available within the GI Pricing and Profitability team. As an Actuarial Analyst II, you will focus on delivering high-quality actuarial analyses to achieve business objectives. Reporting to the Actuarial Manager, the Actuarial Analyst II is expected to demonstrate strong analytical skills and ability to collaborate with other team members to deliver impactful analysis that align with the team's strategic direction.

Requirements

• University degree in Actuarial Science or related field
• 3+ years of related experience
• Excellent knowledge of Excel
• Proficiency and interest for programming, notably with SQL and R
• Strong aptitude for team work
• Autonomous and resilient; shows initiative and creativity in their work

Nice To Haves

• Prior experience with predictive modeling
• Working toward ACIA/ACAS designation

Responsibilities

• Regional Auto (Atlantic) or Residential Pricing Update pricing algorithm to support business objectives toward profitability and growth Develop and execute strategies to accelerate profitable growth Prepare filing documentation and support to regulatory bodies, where required
• Pricing Optimization Build and apply models and optimization techniques to recommend premium adjustments Track the performance of deployed strategies
• Financial Performance Perform financial tracking of pricing strategies, comparing projections to actual results Contribute to the ongoing improvements of financial tracking processes
• Affinity Market Group (AMG) Review and update group discounts to support affinity-related pricing and business objectives Monitor affinity group profitability to inform pricing decisions Review and update profit-sharing strategies to support AMG regulatory and contractual requirements
• Initiatives & Governance Support internal product and pricing initiatives from the initial business case to rate filings Support the development and adherence to pricing controls, ensuring proper governance
• Usage Based Insurance (UBI) Pricing Support monitoring of UBI driving patterns and competitive trends. Contribute to the continuous improvement of the UBI pricing strategy.
• Rating Migration Support the migration to a state-of-the-art pricing and rating platform Contribute to enhance the way the development and deployment teams work together

Benefits

• Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental 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, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.
• Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
• You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level