400232BR
Insurance
Toronto, ON
February 21, 2023

Company Overview
Tell us your story. Don\xe2\x80\x99t go unnoticed. Explain why you\xe2\x80\x99re a winning candidate. Think \xe2\x80\x9cTD\xe2\x80\x9d if you crave meaningful work and embrace change like we do. We are a trusted North American leader that cares about people and inspires them to grow and move forward. Stay current and competitive. Carve out a career for yourself. Grow with us. Here\xe2\x80\x99s our story: jobs.td.com Department Overview
TD Insurance is part of TD Bank Group, one of Canada\xe2\x80\x99s largest financial institutions. TD Insurance helps protect clients from the \xe2\x80\x98accidents of life\xe2\x80\x99 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.
GI Pricing oversees the overall pricing strategy of general insurance products that aligns with TD Insurance\xe2\x80\x99s 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 Senior Actuarial Analyst plays a key role in the end-to-end development of pricing strategies and rate changes. The Senior 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 all 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. Responsibilities

• Develop pricing strategies by market and product to reach growth and profitability objectives:
  • Supervise analysis performed by analysts to develop detailed pricing strategies for each market and product based on actual claim experience and the organization\xe2\x80\x99s competitive positioning.
• Generate ideas in the development of strategies to accelerate profitable growth and supervise and execute their implementation:
  • Optimization of our cession strategies to the Risk Sharing Pools;
  • Pricing strategies that will create a competitive advantage;
  • Initiatives to improve our customer segmentation in order to reach objectives, taking into consideration competitive and regulatory constraints;
  • Identify above-average profitability customer segments for the purpose of targeted marketing efforts;
  • Development of models for evaluation and measurement of customers\xe2\x80\x99 price elasticity and behaviors.
• Provide support to obtain necessary approvals from regulatory boards;
  • Prepare rate change documents according to mandated standards as required by rating boards for pricing changes ;
  • Answer questions received from regulators during the revision process;
  • Support negotiations with regulatory instances to obtain rate change approvals.
• Implement and upkeep best practices and controls to mitigate risk in addition to applying and updating existing processes, policies and procedures;
  • Support the implementation of approved rate changes;
  • Ensure that appropriate measures are in place to confirm the accurate pricing of all issued policies (compliance and reputational risks).
• Support and supervise analysts within the team
• Establish and maintain relationships with our partners and liaise with internal and external stakeholders
• Support our business partners for pricing related issues

Requirements
What can you bring to TD? Tell us about your most relevant experience, credentials and knowledge for this role, as well as these requirements and desired attributes:

• University degree
• Five (5) or more years of related experience
• Working towards a Fellowship
• Skill in using computer applications including MS Office
• Ability to analyze, research, organize and prioritize work while meeting multiple deadlines
• Ability to collaborate and build positive relationships
• Ability to communicate well in writing and speaking

Additional Information

• Over five years of actuarial experience in Property & Casualty
• Bachelor degree in Actuarial Sciences or related field
• Fellow of the Casualty Actuarial Society (FCAS) designation obtained or in the process of being awarded
• Excellent knowledge of Excel
• Knowledge of SAS programming language
• Predictive modeling is a large asset
• Leadership and strong aptitude for team work
• Ability to develop and empower top talent
• Customer-centric
• Ability to communicate effectively in French and English, both verbally and in writing, across all levels of the organization
• Ability to work effectively during demanding periods and take difficult decisions
• Autonomous and perseverant; shows initiative and creativity
• Advanced analytical and problem-solving skills
• Recognized for their thoroughness and the quality of their work

Flexible Work Options
N/A Hours
35 Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.