Actuarial Analyst II - Pricing

Work Location: Montréal, Quebec, Canada

Hours: 35

Line of Business: Data & Analytics

Pay Details: 78 600 $ / $78,600 - 110 000 $ / $110,000 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  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.

The GI Pricing and Profitability team is expanding, and many new positions are now available! Our team is crucial in maintaining the company's financial health and competitive edge. By leveraging data analysis, actuarial science, and market research, we ensure profitability while offering fair and attractive rates that comply with provincial regulations. This growth offers incredible opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey.

Multiple Actuarial Analyst II positions are available within the GI Pricing and Profitability team. As an Actuarial Analyst II, you will focus on delivering high-quality actuarial analyses to achieve business objectives. Reporting to the Actuarial Manager, the Actuarial Analyst II is expected to demonstrate strong analytical skills and ability to collaborate with other team members to deliver impactful analysis that align with the team's strategic direction.

• Update pricing algorithm to support business objectives toward profitability and growth
• Develop and execute strategies to accelerate profitable growth
• Prepare filing documentation and support to regulatory bodies, where required

• Build and apply models and optimization techniques to recommend premium adjustments
• Track the performance of deployed strategies

• Perform financial tracking of pricing strategies, comparing projections to actual results
• Contribute to the ongoing improvements of financial tracking processes

• Assist in centralizing and optimizing RSP cession strategy at a national level
• Support the achievement of financial objectives for each pool
• Analyze cession results and pool performance

• Track and monitor profitability of the PCA Book of business to support pricing decisions
• Assist in calculating premiums for special coverage needs and more complex risks

• Review and update group discounts to support affinity-related pricing and business objectives
• Monitor affinity group profitability to inform pricing decisions
• Review and update profit‑sharing strategies to support AMG regulatory and contractual requirements

• Support internal product and pricing initiatives from the initial business case to rate filings
• Contribute to the development of our Bias and Fairness pillar to ensure our pricing strategies reflect these principles

• Support the migration to a state‑of‑the‑art pricing and rating platform
• Contribute to enhance the way the development and deployment teams work together

• University degree in Actuarial Science or related field
• 3+ years of related experience
• Excellent knowledge of Excel
• Proficiency and interest for programming, notably with SQL and R
• Strong aptitude for team work
• Autonomous and resilient; shows initiative and creativity in their work