Job Description

Work Location:

Toronto, Ontario, Canada

Hours:

35

Line of Business:

Data & Analytics

Pay Details:

93 100 $/$93,100 - 130 000 $/$130,000 CAD
The pay details posted reflect a temporary market premium specific to this role that is reassessed annually.
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.

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Department Overview:

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.


The TD Insurance AI2 team has the mandate to provide business intelligence using advanced analytical techniques such as machine learning and artificial intelligence (AI) models. This group is responsible for doing in-depth analysis to better understand claim payments, client or advisor behaviours, product design and a lot more. This group is also responsible to develop, maintain and calibrate all models used within TD Insurance, including but not limited to loss cost models and customer behaviour models.

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Within this team, the Underwriting Analytics function is a multidisciplinary team that is dedicated to develop and maintain underwriting rules and guidelines. The team is composed of Actuarial Analysts whose primary task is to gather and analyses data to develop schemes and predictive models that will refine TDI's risk appetite. Collaboration with Underwriting Specialists is also essential; their main role to determine underwriting rules that will respect the government's regulatory guidelines, while being clear and easy to apply for advisors.




Main tasks of the Actuarial Analyst III, Underwriting Analytics:


Using state-of-the-art predictive modelling techniques (GLM, GBM, ...) to refine segmentation models and underwriting rules for the general insurance automobile and residential products for the TD Insurance Canadian market Pushing forward the knowledge of the client's expected risk and profitability to the business by leveraging insight and making data-driven decisions Execution and presentation of numerous underwriting analyses aiming to support growth and profitability objectives of TD Insurance Development and maintenance of tools to monitor the evolution of our portfolio Collaboration with numerous departments within the organization (Underwriting, Underwriting Strategy, Pricing, Product, DAI, Risk Management, Client Service Center, etc.) Coaching of other team members.

Job Requirement

Bachelor's or master's degree in Actuarial Studies, Mathematics or Statistics Minimum of 4 professional exams of the Casualty Actuarial Society Minimum of 3 years of actuarial experience in P&C Analytical mind and ability to make sound decisions Good organizational and time management skills Highly adaptable to changing situations Computer skills (SAS, VBA, R, etc.) and knowledge of Microsoft Office Suite Effective written and oral communication skills in English and French (an asset)

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):

Ce poste n'exige pas la maitrise d'une langue autre que le francais.