Actuarial Analyst II

Work Location:

Hours:

Line of Business:

Pay Details:

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 GI Reinsurance department is responsible for ensuring that insurance risk is appropriately mitigated by designing and managing reinsurance structures aligned with TD Insurance's risk appetite. The team also evaluates actuarial reserves and the ultimate cost of catastrophic loss events and provides periodic financial reporting of reinsurance‑related results.

Key Responsibilities

• Participate in the execution of reinsurance's monthly financial reporting, including the monthly analysis and evaluation of amounts recoverable from reinsurers.  Work with Finance on any issues that arise.
• Participate in the annual reinsurance treaty renewal process, participate in the review of the reinsurance strategy
• Participate in the forecasting of losses as part of budget planning and periodic follow-ups
• Participate in and develop projects to enhance the performance of the reinsurance group (i.e. climate change analysis, risk assessment by natural perils, IFRS17 development)
• Rigorously apply the business' governance principles, including SOX and EUC controls, audits and model validation processes
• Develop relationships with our partners in the Claims department to better understand the claim lifecycle and establish monitoring processes
• Assist in presenting reinsurance to various internal partners, inform them of their potential impact on reinsurance future needs or cost
• Create and maintain well-structured reusable tools
• Participate in projects or craft responses to ad-hoc requests

Requirements

• Bachelors or Master's degree in actuarial, mathematics, statistics or data science
• Minimum of 3 years of relevant experience
• Working toward designation of ACAS or FCAS
• Strong computer and programming skills, including Excel, VBA, R, and SQL
• Demonstrate knowledge of financial statements, the insurance industry and reinsurance concepts
• Client-oriented and superior communication skills
• Strong written and verbal communication skills in both English and French
• Recognized for high quality work, strong attention to detail and rigor
• Strong planning abilities; analytical, collaborative, and innovative mindset

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. 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. 

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):