Senior Business Analyst (Property & Casualty Insurance)

TD; Toronto; On-site; CAD 74,000 - 112,000; Full time

Job summary

A leading financial institution in Canada is seeking a Senior Business Analyst to support rate changes in the Property & Casualty Insurance division. The role includes liaising with various teams, ensuring project delivery, and analyzing complex insurance-related data. Candidates must have a deep understanding of P&C insurance, solid analytical skills, and experience with rating engines. The position offers a competitive salary, growth opportunities, and a comprehensive benefits package in a supportive work environment.

Benefits

Health and well-being benefits

Competitive benefits plan

Career development opportunities

Reward and recognition programs

Qualifications

• 5-7 years previous Business Analyst or related experience required.
• Solid understanding of P&C insurance products and pricing.
• Experience with insurance policy management systems and/or rating engines.

Responsibilities

• Liaising with Actuarial Pricing to elicit business requirements.
• Analysis, planning and delivery of rate changes.
• Lead the delivery of rating related projects and initiatives.

Skills

Analytical abilities

Communication skills

Mathematical skills

Proficiency with Earnix Rating Engine

Expertise in Excel

Education

Mathematics or Actuarial Science degree

Job description

Senior Business Analyst (Property & Casualty Insurance)

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Senior Business Analyst (Property & Casualty Insurance)

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Work Location:

Toronto, Ontario, Canada

Hours

37.5

Line Of Business

Enterprise Enabling Functions

Pay Details

$74,500 - $111,700 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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 Senior Business Analyst for Rating supports planning and implementation of rate changes in the Insbridge rating engine, supporting Guidewire PolicyCenter for -.

Responsibilities

• liaising with Actuarial Pricing to elicit business requirements.
• Analysis, planning and delivery of rate changes; including priority, complexity, dependencies and other business and system impacts.
• Work with Release Train Engineer and Business Systems Analysts to ensure understanding of business requirements and plan delivery of changes accordingly.
• Lead the delivery of rating related projects and initiatives.
• Engage and coordinate work effort with Guidewire analysts and other technology teams on cross-functional projects.
• Provide guidance and support to team members to effectively manage delivery of changes according to project schedules and regulatory deadlines.
• Ensure quality and accuracy through planning of automated and manual testing, and validating test results.
• Thoroughly document business requirements and decisions, issues, test plans and test results. Identify risks and implement appropriate solutions and mitigation strategies.
• Respond to ad hoc inquiries and conduct investigations into rating issues and questions as required.
• Support internal and external audit and compliance teams as needed.
  
  

Requirements

• Strong proficiency with the Earnix Rating Engine is a mandatory requirement.
• Superior analytical abilities
• Excellent math skills; Mathematics or Actuarial Science degree would be an asset.
• Expertise in Excel
• Excellent communication skills
• 5-7 years previous Business Analyst or related experience
• Solid understanding of P&C insurance products and pricing
• Experience with insurance policy management systems and/or rating engines
• Understanding of Agile methodology and previous experience working in an Agile environment
  
  

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. More than four million customers count on us.

As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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)

Sans Objet

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Research, Analyst, and Information Technology

• Industries

  Banking

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