Actuarial Analyst I

Description

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The mandate of the Strategy, Enablement and Optimization team is to improve customer experience, colleague experience and optimize claims and shared services operations costs through providing deep analyses and understanding of the operations processes to stakeholders.

This team is a multidisciplinary team that collaborates with actuaries, claims adjusters, data experts and data scientists. This is a unique opportunity to join a team of experienced actuariesin order toapply and develop your analytical and business acumen skills by having a direct impact on the improvement of the claim processes at TD Insurance.

KEY ACCOUNTABILITIES

CUSTOMER

• Support the business and overall team by providing general analytical support to the Actuarial function

• Assist in the preparation of statistical analyses or financial statements, involving premiums, losses and expenses documenting and verifying applied factors, methodologies and assumptions

• Participate in initiatives that will improve customer and colleague experience by proposing solutions leveraging insights from data and analytics.

SHAREHOLDER

• 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 riskactivities as necessary

• Identify, recommend and effectively execute standard practices applicable to the discipline

• Adhereto 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

EMPLOYEE / TEAM

• Participatefully 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 andup-to-dateabout 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

BREADTH & DEPTH

• Entry level role with a focus on providing functional specialized business services, advisory or process / program support for own area of specialty, within defined parameters

• Requires sound conceptual knowledge in their own field of specialty

• Typicallyno supervisory accountability but may provide informal guidance to others

• Works under close management supervision and guidance

• May lead small projects and / or support work streams of a bigger project

• Generallyreports to a Manager / Senior Manager role

EXPERIENCE & EDUCATION

• Bachelor's ormaster's degree in Actuarial Sciencesor related field

• 1+ years of related experience

• Analytical mind and ability to make sound decisions

• Strong aptitude forteam work

• Ability to complete tasks independently

• Good organization and time management skills

• Creative in finding solutions to complex problems

• Proficiency in Microsoft Office Suite

• Proficiency in programing or using analytical tools (R, Python, SQL, VBA, etc.)

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. 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.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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):

Maîtrise d’une langue autre que le français pour offrir du soutien ou traiter avec des employés qui ont besoin de services et de soutien dans une langue autre que le français.