Senior Business Analyst (Property & Casualty Insurance)

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

Job summary

TD Bank Group is seeking a Senior Business Analyst specialized in Property & Casualty Insurance to join their Toronto team. The role involves managing rate change projects using the Earnix Rating Engine, collaborating with various stakeholders to deliver effective insurance solutions. Ideal candidates will have strong analytical skills, experience in P&C insurance, and proficiency in relevant software. This position offers competitive compensation, growth opportunities, and a comprehensive rewards package.

Benefits

Health and well-being benefits

Paid time off

Career development programs

Savings and retirement programs

Banking benefits and discounts

Qualifications

• 5-7 years previous Business Analyst or related experience.
• Strong proficiency with the Earnix Rating Engine is mandatory.
• Solid understanding of P&C insurance products and pricing.

Responsibilities

• Liaising with Actuarial Pricing to elicit business requirements.
• Lead delivery of rating-related projects and initiatives.
• Ensure quality and accuracy through planning of automated and manual testing.

Skills

Analytical abilities

Communication skills

Mathematics

Excel expertise

Education

Degree in Mathematics or Actuarial Science

Job description

Senior Business Analyst (Property & Casualty Insurance)

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