Actuarial Analyst III

Pay Details

93 100 $/93, $/130,000 CAD

Work Location

Toronto, Ontario, Canada

Hours

35

Line Of Business

Data & Analytics

The pay details posted reflect a temporary market premium specific to this role that is reassessed annually.

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  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.

TD Insurance is part of TD Bank Group, one of Canada’s largest financial institutions. TD Insurance helps protect clients from the ‘accidents of life’ with a wide range of products including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance authorized products and services are available online, over the phone, and through a network of more than 1,000 TD Canada Trust branches.

In Canada, TD Insurance operates 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.

At TD Insurance, we are committed to fostering an inclusive, accessible environment. With a Canada‑wide workforce of over 4,000 employees and offices in Atlantic Canada, Quebec, Ontario and Alberta, our company is always growing and can help you to grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated, and professional development is taken seriously. More than just a job, we offer rewarding careers.

The SBI Product and Underwriting Rules Commercial Auto team manages commercial auto products and underwriting, ensuring alignment with business objectives and regulatory compliance. Reporting to the Product and Underwriting Rules Commercial Auto Senior Manager, the Actuarial Analyst contributes to the implementation of product and underwriting strategies and changes designed to achieve financial targets while adhering to risk tolerance standards.

• Analyze results and propose changes to support the development of underwriting tactics.
• Assist in the optimization of underwriting processes, emphasizing straight‑through processing.
• Support the creation of business cases for underwriting or product management initiatives.
• Collaborate with colleagues to design and implement new insurance products and underwriting rules.
• Monitor and analyze product and underwriting performance and recommend improvements.
• Communicate with internal and external partners and stakeholders.
• Provide support on underwriting or product issues to business partners.
• Contribute to a culture of innovation to enhance underwriting capabilities and align with business goals.
• Promote effective risk management and control processes consistent with organizational risk appetite.

• Direct, prepare, perform, and analyze actuarial research and audits and ensure risk mitigation and business growth objectives are aligned
• Develop, calculate and checks policy values; profit studies, reserve programs, rate files, and procedures; and assists in preparing actuarial portion of financial reports and tax returns
• Develop appropriate monitoring reports for analyzing company underwriting and claims experience
• Review and interpret the indications of standard actuarial techniques, and recognize situations that require modifications to normal procedures
• Coordinate the preparation of documentation to support actuarial conclusions
• Provide technical support for development of…