Strategic Insights and Business Optimization Intern/Co-op (Winter 2025)

Posted:
9/19/2024, 2:27:43 AM

Location(s):
Old Toronto, Ontario, Canada ⋅ Ontario, Canada

Experience Level(s):
Internship

Field(s):
Business & Strategy

Workplace Type:
Remote

Role Type:

Internship/Co-op

Work Term:

Winter/Term 2

Work Location:

Canada

Hours:

37.5

Pay Details:
We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

TD Insurance is a part of TD Bank Group, one of Canada's largest financial institutions. The wide range of TD Insurance products help protect millions of clients from the ‘accidents of life’ including credit protection, life, health, travel, home, and auto insurance.

In Canada, TD Insurance has two lines of business, General Insurance and Life and Health. Our General Insurance business is one of the top home and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number one provider of critical illness insurance and direct life and health insurance in Canada. With a Canada-wide workforce of over 4,000 employees and offices in Atlantic Canada, Quebec, Ontario and Alberta, we are always growing and can help you to grow, too.

The Life & Health Insurance Strategic Insights and Business Optimization team is part of the Product and Pricing team and is responsible for discovery of industry and competitive insights, market share measurement, competitive media tracking, financial analysis, assistance with strategic planning and forward-thinking guidance across all Life & Health products.

Reporting to the Sr. manager, you will support the Life & Health Insurance Strategic Insights and Business Optimization team across many areas of the team's responsibilities including the following:

  • Contribute to continuous competitive monitoring via conducting research and analysis on overall industry trends and individual companies, leveraging both internal and external sources of information like press releases, quarterly earnings reports, conferences, etc.
  • Develop competitor profiles that highlight strategy, strengths and weaknesses, key products, market share, and expected actions.
  • Contribute to developing specialized insights reporting presentations to support business strategy and decisions including competitive updates for investor relations, executive updates, etc.
  • Support the assessment of new opportunities and creating business cases.
  • Assist with developing and launching monthly newsletters.
  • Collaborate with multiple teams across TD including Product, Actuarial, Sales Distribution,Marketing teams to support internal strategies development and initiatives.
  • Present competitive findings to support a growth mindset within the organization.
  • Provide input into the continuous optimization of TDI Life & Health's processes.
  • Assist with planning team meetings and events.
  • Perform other duties as assigned by management.

Requirements

  • Currently enrolled in an undergraduate or graduate degree in Business, Finance, or related field
  • Creative and curious thinker who is not afraid to challenge the status quo.
  • Strong analytical skills and business acumen with a proven ability to conduct research on a variety of topics, analyze financial and non-financial information and synthesize information into clear and concise analysis and recommendations.
  • Results-focused individual who can execute with excellence.
  • Effective problem-solving skills and the ability to influence business partners.
  • Strong communication and presentation skills (verbal and written)
  • Ability to work in a fast-paced environment and manage multiple deadlines and priorities.
  • Desire to learn and grow.
  • Demonstrated ability to focus and pay a lot of attention to detail.
  • Contribution to a positive teamwork environment
  • Previous experience in Insurance and knowledge of the Life & Health insurances products would be an asset.

Additional Information

  • This position is a 4-month work term and will commence January 6, 2025
  • We prefer candidate's flexibility to extend their availability to the second work term if required
  • Applications must include a transcript, cover letter (one letter-sized page or less) and a resume (maximum of 2 pages).
  • We welcome all applications; however, we will only contact qualified candidates chosen for an interview. Thank you for your interest.
  • TD requires employees to reside in the country where the role is located, irrespective of remote working arrangements.

Who We Are

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

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:

N/A.