Actuarial Analyst I - Pricing

Meloche Monnex Inc.
Toronto, Ontario
Full-time

Description

GI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurance's 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 Pricing Manager, the Actuarial Analyst helps establish the rating strategy for all products and all insurers for a given region;

the Analyst contributes to the on-going and future success of the company through the establishment of rating levels and classification criteria.

The Analyst monitors and measures rate levels and effectiveness though rate-indication activities, and / or the execution of planned pricing and business initiatives utilizing best governance practices.

Responsibilities

Determine the rating level and classification criteria required to reach growth and profitability objectives;

Partake in the production of regulatory rate change submissions

Partake in the implementation of rate changes

Support and implement best practices and controls to mitigate risk mitigation, risk controls in addition to application of existing processes, policies and procedures;

Contribute to the development of tools and analysis techniques

Job Requirements

One to three years of actuarial experience in Property & Casualty

Bachelor degree in Actuarial Sciences or related field

Completion of all preliminary professional exams of Casualty Actuarial Society

Excellent knowledge of Excel

Proficiency and interest for programming, notably SAS, VBA, R, Python

Predictive modeling is a large asset

Solid organizational and communications skills

Aptitude for analytical and synthetical thinking

Customer-centric approach and ability to work in team

Recognized for their thoroughness and the quality of their work

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.

2 days ago
Related jobs
Definity
Mississauga, Ontario

Reporting to the Pricing Director, your responsibilities include contributions to pricing projects using state of the art actuarial models and innovative approaches as well as the coaching and mentoring of less experienced analysts. Work on diversified and unique key business initiatives ranging fro...

Wawanesa Insurance
Toronto, Ontario

Wawanesa is looking for an exceptional candidate to take on the role of Actuarial Consultant or Senior Actuarial Analyst in our expanding Pricing Research and Development team. As a member of Pricing R&D, your focus will be on improving our pricing sophistication through enhancement of loss cost mod...

Wawanesa Insurance
Toronto, Ontario

Wawanesa is looking for an exceptional candidate to take on the role of Actuarial Consultant or Senior Actuarial Analyst in our expanding Pricing Research and Development team. As a member of Pricing R&D, your focus will be on improving our pricing sophistication through enhancement of loss cost mod...

Meloche Monnex Inc.
Toronto, Ontario

Reporting to the Pricing Manager, the Actuarial Analyst plays a key role in the end-to-end execution of pricing strategies and rate changes. The Analyst contributes to the on-going and future success of the company may it be through the establishment of pricing strategies for all products and insure...

Definity
Toronto, Ontario

Emphasis on learning various actuarial and commercial insurance product knowledge, such as actuarial pricing, commercial underwriting, claims handling, and commercial product development;. Communicate actuarial concepts and make recommendations to different stakeholders, including actuarial stakehol...

Meloche Monnex Inc.
Toronto, Ontario

Reporting to the Pricing Manager, the Senior Actuarial Analyst plays a key role in the end-to-end development of pricing strategies and rate changes. The Senior Analyst contributes to the on-going and future success of the company may it be through the establishment of pricing strategies for all pro...

Definity
Toronto, Ontario

Develop various actuarial and commercial insurance product knowledge, such as actuarial pricing, commercial underwriting, claims handling, and commercial product development;. Communicate actuarial concepts and make recommendations to different stakeholders, including actuarial stakeholders and non-...

Meloche Monnex Inc.
Toronto, Ontario

Reporting to the Pricing Manager, the Actuarial Analyst helps establish the rating strategy for all products and all insurers for a given region; the Analyst contributes to the on-going and future success of the company through the establishment of rating levels and classification criteria. GI Prici...

ALTER SOLUTIONS
Toronto, Ontario

We are seeking a Senior Risk Management and Cybersecurity Consultant to lead the modernization and alignment of the risk management framework with industry standards and best practices for one of ou major client. This role requires deep technical expertise in cybersecurity, risk assessment, and comp...

Deloitte
Toronto, Ontario

Develop/validate/review Credit Risk models (e. Minimum 1-2 years of relevant experience spent within a credit risk model development or model validation team at a major financial institution. Solid knowledge of common practices in credit risk, including expected loss (PD, LGD, EAD) methodologies;. S...