Actuarial Analyst II - Valuation

TD•Montreal, QC

18h•CA$85,000 - CA$110,000•Onsite

About The Position

The Valuation team is part of the Corporate Actuarial department. In this role, the candidate will partake in the main responsibilities of the team, including quarterly reserve valuations, reporting, and governance/miscellaneous tasks. This role requires establishing actuarial provisions, monitoring financial results, communicating with business partners, and implementing risk mitigation strategies. The team values actuarial talent and offers opportunities for personal and professional growth.

Requirements

Bachelor's degree in Actuarial science or other quantitative area of study
Working towards obtaining Associateship with the Casualty Actuarial Society, Canadian Institute of Actuaries or equivalent
Minimum 2 years of Property and Casualty actuarial experience
Completed 2 Actuarial exams at the minimum
Strong judgment and analytical mind
Strong problem-solving skills
Thoroughness and quality of work
Initiative, creativity, and critical thinking
Work experience with MS Excel (VBA)
Work experience with programming languages (e.g., R/SAS/Python)
Ability to communicate effectively in English, both verbally and in writing
Highly adaptable for discussions with different stakeholders
Ability to work effectively during periods of stress
Ability to collaborate and build positive relationships with business partners
Autonomous and perseverant

Nice To Haves

Bilingualism (English and French) is an asset for this role

Responsibilities

Establish actuarial provisions for all lines of business using appropriate assumptions and methods.
Select techniques to determine unpaid claims, requiring a good understanding of the business, historical changes, and legislative reforms.
Periodically review, improve, and optimize tools and techniques to stay relevant.
Calculate actuarial provisions in accordance with current actuarial literature, legislation, and accounting standards.
Build meaningful reports to monitor the adequacy of actuarial provisions over time.
Monitor actual losses versus expected losses monthly.
Communicate and certify financial results with various business partners, including external auditors, AMF, and OSFI.
Produce, audit, and peer review the appointed actuary report yearly.
Implement risk mitigation, risk controls, and processes, policies, and procedures for the team.
Coach, develop, and inspire colleagues toward reaching their goals.