Actuarial Analyst III

TD•Montreal, QC

1d•CA$100,000 - CA$130,000•Onsite

About The Position

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 work product to a broad range of stakeholders. As part of TD Bank Group, one of Canada's largest financial institutions, at TD Insurance, we care for Canadian families, making it easy to get the best advice, protection, and support in their moments of need, always. TD Insurance offers a wide range of products, including General Insurance and Life and Health. Everyday, we strive to make every interaction, product and experience remarkably human and refreshingly simple for more than four million customers who count on us.

Requirements

Bachelor's degree in Actuarial Science or related field
5+ years of actuarial experience in Property & Casualty insurance
Proficiency and interest in programming, preferably Python and SQL

Nice To Haves

Generally working towards a Fellowship (CAS or CIA)
Knowledge of Power BI an asset

Responsibilities

Direct, prepare, perform, and analyze actuarial research and ensure risk mitigation and business growth objectives are aligned
Develop appropriate monitoring reports for analyzing company long tail claims experience
Collaborate with the claims operations team in the identification of key performance indicators and metrics
Build proper visualization (dashboards) or presentation to illustrate trends for 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 with the claims operations and legal teams to provide day-to-day support and delivery of analytics
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, meet business needs, complies with internal and external requirements, and aligns with business priorities
Ensure business operations are in compliance with applicable 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 opportunities exist
Participate fully 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/or industry knowledge for own area of expertise and participate in knowledge transfer within the team and business unit
Keep current on emerging trends, developments, reforms and grow knowledge of the business, related tools and techniques
May provide guidance on day-to-day professional 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 provide day-to-day work direction where appropriate
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 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
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
Uses advanced 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
Solves moderately complex problems by taking a new perspective on existing solutions