Actuarial Analyst II

Sécurité Nationale Compagnie d'Assurance; Toronto; On-site; CAD 85,000 - 110,000; Full time

Job summary

TD Bank Group, based in Toronto, invites an experienced actuarial analyst to join the Strategy, Enablement and Optimization team. You will develop and support deep analytics on business results, collaborate with actuaries, data scientists, and SMEs to translate challenges into analytics solutions, and help improve claims processes within TD Insurance.

You will present strategic recommendations to senior leaders and contribute to cost optimization through data-driven insights, while maintaining

Qualifications

• Minimum of 2 years of actuarial experience in Property & Casualty.
• Bachelor's or master's degree in Actuarial Sciences or related field.
• Minimum of 2 actuarial exams of the Casualty Actuarial Society.
• Analytical mind and ability to make sound decisions.
• Strong aptitude for team work.
• Proficiency in Microsoft Office Suite.
• Proficiency in programming or using analytical tools (R, Python, SQL, VBA, etc.)

Responsibilities

• Develop and support deep analytics on business results and performance.
• Provide technical expertise across data analysis functions including data modeling, visualization and profiling.
• Present and share ideas and strategic recommendations to leadership teams.
• Collaborate with business SMEs to translate business challenges into technical requirements.
• Participate in initiatives to improve customer and colleague experience using analytics insights.
• Communicate financial and analytical concepts to non-technical audiences.

Skills

Analytical mindset

Teamwork

Communication

Education

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

Casualty actuarial exams (CAS) – at least 2 exams

Tools

R

Python

SQL

VBA

Excel

Job description

Work Location: Toronto, Ontario, Canada Hours: 35 Line of Business: Data & Analytics Pay Details: 85 000 $/$85,000 - 110 000 $/$110,000 CAD

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: The mandate of the Strategy, Enablement and Optimization team is to improve customer experience, colleague experience and optimize claims and shared services operations costs through providing deep analyses and understanding of the operations 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.

CUSTOMER

• Develop and support deep analytics on business results and performance to identify strategies to mitigate the impact of inflation and growth on our operations.
• Provide technical expertise across a broad range of data analysis functions including data modeling, visualization and data profiling.
• Present and share ideas and strategic recommendations to the SSO and SEO leadership team and other partners.
• Collaborate closely with business SMEs to capture the business challenges, translate into technical requirements, and facilitate adoption of analytics solutions.
• Participate in initiatives that will improve customer and colleague experience by proposing solutions leveraging insights from data and analytics.
• Communicate and explain financial and analytical concepts to a non-technical and frontline audience.

SHAREHOLDER

• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escape issues where appropriate.
• Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area.
• Protect the interests of the organization – identify and manage risks, and escape non-standard, high risk activities as necessary.
• Identify, recommend and effectively execute standard practices applicable to the discipline.
• Adhere to internal policies/procedures and applicable regulatory guidelines.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Contribute to the rating team’s innovation culture that will allow the company to increase its competitiveness.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.

EMPLOYEE / TEAM

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest.
• Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit.
• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce.
• Act as a brand champion for your business area/function and the bank, both internally and/or externally.

BREADTH & DEPTH

Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of specialty. Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas. Leads projects or workstreams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs. Works within broad guidelines / policies and independently performs tasks from end to end. Solves moderately complex problems by taking a new perspective on existing solutions. Generally reports to a Manager / Senior Manager.

EXPERIENCE & EDUCATION

Minimum of 2 years of actuarial experience in Property & Casualty Bachelor's or master's degree in Actuarial Sciences or related field Minimum of 2 actuarial exams of the Casualty Actuarial Society Analytical mind and ability to make sound decisions Strong aptitude for team work Ability to complete tasks independently Good organization and time management skills 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. 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

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.

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.

Language Requirement (Quebec only):

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

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Our Values At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific