Actuarial Analyst III - Pricing

Canada Job Bank; Montreal (administrative region); Hybrid; CAD 93,000 - 130,000; Full time

Benefits offered by this job

Base salary and variable compensation

Health and well-being benefits

Savings and retirement programs

Paid time off

Job summary

TD Bank is seeking an Actuarial Analyst III – Pricing to develop and execute pricing strategies for personal lines insurance products. Based in Montréal, with hybrid work options, you will collaborate with analytics teams to forecast and optimize pricing and profitability.

The role requires a university degree in actuarial science and at least 5 years of relevant experience, with strong Excel, SQL, and R skills.

Qualifications

• University degree in Actuarial Science or a similar domain.

Responsibilities

• Assists in creating price plans for auto, residential, and other insurance markets.
• Constructs and uses pricing models to provide pricing and premium advice.
• Monitors the financial impact of pricing decisions.

Skills

Excel

SQL

R

Pricing models

Education

Actuarial Science degree

Tools

none

Job description

TD Bank is using an Actuarial Analyst III – Pricing and currently has an opening for that. The TD Bank’s Analytics & Data team at TD Insurance is the full-time actuarial position where the primary responsibility is to create and execute pricing strategies based on actuarial analyses, forecasts, and other analytical techniques for personal lines insurance products.

TD Bank’s team is happy to provide an environment for the workforce that motivates people to be their best while offering a good salary, fair pay practices, and significant chances to move up the career ladder. The TD Bank staff enjoys a workplace environment that supports professional development and supports learning through cooperation between colleagues.

TD Bank has long been known as one of the largest financial service companies in Canada and has a firm commitment to keeping a respectful and innovative place for its workers. If you are a data lover and find it fun to employ actuarial techniques to create a strategic impact, you should definitely apply for this position. The job description below contains all the information about the position and the application process..

Company Name : TD Bank
Location :
Montréal, Québec, Canada
Toronto, Ontario, Canada
Salary : $93,100 – $130,000 CAD
Job Type : Full Time
Start date : As soon as possible
Benefits : Base salary, variable compensation, health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, reward and recognition programs are just a few benefits offered to employees.

Job Description

• A senior actuarial position that is concentrating on the pricing strategy and the profit aspect for the insurance products.
• Located in Montréal and working full-time (35 hours weekly).
• Participates in the pricing process from setting prices to tracking their financial performance.
• Assisting the company’s strategic goals and pricing to the internal teams.
• A hybrid work model is provided which is collaborative and supportive of learning and growth.
• Cooperates with the internal stakeholders to ensure that the business’s objectives and compliance requirements are met.

Responsibilities

• Assist in creating the price plans for the auto, residential, and other insurance markets.
• Construct and use the models to give the best pricing and premium advice.
• Keep an eye on and report the effect on finance of the pricing decisions.
• Help with the risk-sharing approaches and the cross-segment profitability analysis.
• In the creation of documents and in the submission of the same, falling in all regulatory requirements, and also in compliance-related issues.
• Guide and provide necessary information to junior co-workers, whenever necessary.

Requirements

• University degree in Actuarial Science or a similar domain
• At least 5 years of relevant experience
  Superb command of Excel
• Programming skills and interest especially in SQL and R
• Ability to cooperate with others effectively
• Self starter and tough; uses imagination and ingenuity in the job
• Preferred qualifications are Previous experience with predictive modeling and being a candidate for FCIA/FCAS certification