Actuarial Manager - Pricing

Description

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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 Manager positions are available within the GI Pricing and Profitability team. As an Actuarial Manager, you will play a pivotal role in developing team expertise and guiding skilled actuaries to meet business demands. Reporting to a Senior Manager, the Manager is expected to demonstrate strong leadership and communication skills and foster a culture of continuous improvement and innovation.

RESPONSIBILITIES

Manager, Usage Based Insurance (UBI) Pricing

• Monitor driving patterns and competitive trends of UBI program, ensuring our strategy stays ahead of the curve
• Lead the development and continuous improvement of the UBI pricing strategy
• Research and champion innovative ways to leverage UBI data to support business strategies

Manager, Pricing Optimization

• Design and oversee implementation of pricing optimization strategies across personal lines
• Guide the development and application of advanced optimization techniques to recommend premium adjustments
• Continuously monitor and refine performance of deployed strategies to ensure maximum efficiency and effectiveness
  

Manager, Financial Performance

• Guide the development and implementation of a financial projection framework for pricing changes
• Establish collaboration with Finance and Corporate Actuarial teams to track and monitor actual financial performance against projections
• Continuously improve financial tracking processes
  

Manager, Risk Sharing Pool (RSP) Strategy and Performance

• Centralize, streamline and optimize RSP cession strategy at a national level
• Establish and achieve financial objectives for each pool
• Monitor and analyze cession results and pool performance to ensure optimal outcomes

JOB REQUIREMENTS

• University degree in Actuarial Science or related field
• 8+ years of related experience
• Advanced Analytical, decision-making and problem-solving skills
• Excellent time management skills with a proven ability to meet deadlines
• Autonomous and resilient; shows initiative and creativity in their work

PREFERRED QUALIFICATIONS

• Prior experience with predictive modeling
• Prior people management experience
• FCIA/FCAS or at least 7+ actuarial exams

Who We Are:

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. More than four million customers count on us.

As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce.

Our Total Rewards Package
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.

Additional Information:
We’re delighted that you’re considering building a career with TD. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. 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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

*Remarque: Étant donné que cet affichage concerne de futurs postes vacants et qu’il servira à pourvoir de nombreux postes aux exigences comparables à l’avenir, nous invitons les candidats bilingues et francophones à poser leur candidature. Lorsqu’un poste sera à pourvoir, une évaluation des besoins en matière de langue sera effectuée pour déterminer si la connaissance d’une autre langue que le français est exigée.