actuarial analyst
Title posted on CareerBeacon -
Actuarial Analyst II - Pricing
Posted on
December 13, 2024
by
Employer details
TD Bank
Job details
Work Location:Montréal, Quebec, CanadaHours:35Line of Business:Data & AnalyticsPay Details:N/A - N/A CADTD 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:TD Insurance is part of TD Bank Group, one of Canada's largest financial institutions. TD Insurance helps protect clients from the 'accidents of life' with a wide range of products including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance authorized products and services are available online, over the phone, and through a network of more than 1,000 TD Canada Trust branches.In Canada, we have two lines of business, General Insurance and Life and Health. Our General Insurance business is one of the top home and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number one provider of critical illness insurance and direct life and health insurance in Canada.At TD Insurance, we are committed to fostering an inclusive, accessible environment. With a Canada-wide workforce of over 4,000 employees and offices in Atlantic Canada, Quebec, Ontario and Alberta, our company is always growing and can help you to grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated and professional development is taken seriously. More than just a job, we offer rewarding careers.Job DescriptionGI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurance's business objectives in compliance with jurisdictional premium regulations. Pricing is a determining component of our home and auto insurance products that cater to direct and affinity markets.Reporting to the Pricing Manager, the Actuarial Analyst plays a key role in the end-to-end execution of pricing strategies and rate changes. The Analyst contributes to the on-going and future success of the company may it be through the establishment of pricing strategies for all products and insurers for a given region, the development of models, methodologies and tools, the monitoring and measurement of rate levels and effectiveness though rate-indication activities, and/or the execution of planned pricing and business initiatives utilizing best governance practices.ResponsibilitiesDetermine the rating level and classification criteria required to reach growth and profitability objectives;Develop pricing strategies aligned to GI Product business plans and Affinity Market Group objectives;Work with rating algorithms, factors, classification inputs and associated processes necessary to analyze, monitor, propose change, and implement changes to our pricing systems;Partake in the preparation and execution of regulatory rate change submissions;Liaise with internal and external partners and stakeholders and contribute to building and maintaining those relationships;Support our business partners for pricing related issues;Support junior team members;Contribute to the team's innovation culture to allow to further enhance pricing capabilities and better support business objectivesJob RequirementsThree to five years of actuarial experience in Property & CasualtyBachelor degree in Actuarial Sciences or related fieldACAS near completion or at least six Casualty
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LocationToronto, ON
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Workplace information
On site
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SalaryNot available
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Terms of employment
Permanent employmentFull time
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Starts as soon as possible
- vacancies
1 vacancy
- Source
CareerBeacon
#2090314
Advertised until
2025-01-11
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