Actuarial Analyst III

Posted:
12/17/2024, 6:35:52 AM

Location(s):
Toronto, Ontario, Canada ⋅ Ontario, Canada ⋅ Quebec, Canada ⋅ Montreal, Quebec, Canada

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy ⋅ Data & Analytics

Work Location:

Montréal, Quebec, Canada

Hours:

35

Line of Business:

Data & Analytics

Pay Details:

74 500 $/$74,500 - 111 700 $/$111,700 CAD

This role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.

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 candidate's 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:

Department Overview

The mandate of the Claims Analytics and Strategy team is to improve customer experience, colleague experience and optimize claims costs through providing deep analyses and understanding of the claim 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 actuaries in order to apply and develop your analytical and business acumen skills by having a direct impact on the improvement of the claim processes at TD Insurance.

Job Description

  • Provide deep analytics on business results and performance to identify strategies to mitigate the impact of inflation and the increasing claims costs

  • Collaborate with various partners in multidisciplinary and multi-level analyses to define and solve complex problems statements impacting the claims services

  • Develop robust process and tools to proactively monitor key performance indicators to identify emerging trends impacting insurance and claim costs

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

  • Share ideas and recommendations with stakeholders and actuaries in other teams

  • Communicate and explain financial and analytical concepts to a non-technical and frontline audience

Job Requirements

  • Minimum of 5 years of actuarial experience in Property & Casualty

  • Bachelor's or master's degree in Actuarial Sciences or related field

  • Minimum of 2 to 4 actuarial exams of the Casualty Actuarial Society

  • Analytical mind and ability to make sound decisions

  • Leadership and strong aptitude for team work

  • Ability to develop and empower top talent

  • Excellent organization and time management skills

  • Be 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. 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. Learn more

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):

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