Actuarial Specialist Pricing Initiatives & Governance

Work Location:

Montréal Quebec Canada

Hours:

35

Line of Business:

Data & Analytics

Pay Details:

135 000 $/$135000 - 160 000 $/$160000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidates skills and experience job-related knowledge geographic location and other specific business and organizational needs.

As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

GI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurances business objectives in compliance with jurisdictional premium regulations.

Pricing is a determining component of our home and auto insurance products that cater to direct and affinity markets.

Reporting to the Actuarial Senior Manager Pricing Initiatives UBI & Governance the Actuarial Specialist Pricing Initiatives & Governance plays a leadership role in:

• Supporting the execution of pricing and actuarial initiatives across products and markets ensuring alignment with business objectives and regulatory expectations
• Lead and contribute to strategic initiatives such as marketing refresh programs including analysis implementation support and tracking of business impacts (retention growth profitability)
• Support the design monitoring and continuous improvement of customer programs and pricing strategies aimed at improving retention customer experience and competitive positioning
• Coordinate the preparation and review of documentation for pricing changes initiatives and governance requirements ensuring clarity consistency and adherence to internal standards
• Partner with Product Marketing Pricing and Distribution teams to support the implementation of business initiatives ensuring actuarial considerations are effectively integrated into decision-making
• Contribute to the development and maintenance of streamlined processes tools and templates to improve efficiency consistency and scalability of actuarial and pricing activities
• Identify opportunities for process improvements and automation to reduce manual effort enhance data quality and improve turnaround time for analyses and deliverables
• Assist in ensuring appropriate controls documentation and review processes are in place for pricing changes and model updates with a focus on practicality and efficiency
• Collaborate with Risk Compliance and Governance teams to support key deliverables (e.g. audit requests model documentation) in a pragmatic and business-focused manner
• Monitor emerging trends regulatory developments and competitive actions to inform initiative design and support proactive adjustments to pricing and product strategies
• Develop strong working relationships with stakeholders across business and functional teams to facilitate effective delivery of initiatives and alignment on priorities
• Build for the future
  • Contribute to the evolution of best practices in pricing initiatives process optimization and delivery frameworks
  • Share knowledge and support team members in adopting new tools processes and ways of working
  • Act as a resource and mentor for junior team members on initiative execution and actuarial best practices

Job Requirements

• At least 7 years of actuarial experience in Property & Casualty
• Bachelors degree in actuarial sciences or related field
• FCIA near completion or at least seven Casualty Actuarial Society professional exams (preferred)
• Excellent knowledge of Excel
• Proficiency and interest for programming notably SAS VBA R Python
• Advanced analytical decision-making and problem solving skills
• Client-focused and aptitude for teamwork with solid organizational and communications skills
• Excellent time management skills with a proven ability to meet deadlines.
• Autonomous and perseverance; shows initiative and creativity in their work
• Recognized for their thoroughness and the quality of their work
• Note that candidates located in Quebec City are eligible to work from the Quebec office

Who We Are:

As part of TD Bank Group one of Canadas 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. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 youre 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.

Were 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 youve got everything you need to succeed in your new role.

Interview Process
Well 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 youd 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 dune langue autre que le français pour offrir du soutien ou traiter avec les clients qui ont besoin de services et de soutien dans une langue autre que le français.

Required Experience:

IC

Employment Type : Full-Time
Experience: years
Vacancy: 1