Senior Actuarial Analyst

TD•Toronto, ON

1d•$100,000 - $130,000•Onsite

About The Position

We are currently in the final stages of the interview process with a preferred candidate. However, we value diverse perspectives and encourage all qualified individuals to apply. This is an experienced working professional role providing specialized business services, advisory or processes / program support within their own area of speciality. It requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas. The role leads projects or workstreams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs. The Senior Actuarial Analyst works within broad guidelines / policies and independently performs tasks from end to end, solving moderately complex problems by taking a new perspective on existing solutions. Generally reports to a Manager / Senior Manager.

Requirements

University degree
3+ years of related experience

Responsibilities

Conduct actuarial related research and statistical analysis to inform new premium calculations and related reserve requirements for a given business or function
Support preparation and perform review of technical actuarial work underlying segments of the statistical analysis, financial statements and/or respective reports
Analyse the adequacy of the company's rate and/or claim reserve levels by application of actuarial techniques
Perform quality control on regulatory submissions
Determine the pricing changes required to reach growth and profitability objectives
Develop and maintain production and validation processes for data, models or tools.
Present work products to various business partners as assigned
Provide day to day guidance to other/new team members
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