TD Description Tell us your story. Don\'t go unnoticed. Explain why you\'re a winning candidate. Think "TD" 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. 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.
The Manager Pricing has to develop and obtain regulatory approvals and implement pricing strategies for all products and markets of TD Insurance \xe2\x80\x93 General Insurance in Canada. Another key responsibility is to build for the future by making sure to hire, retain and develop highly skilled professionals.
Responsibilities:
Play a key role in establishing pricing objectives for each market and product as part of planning process.
Develop price optimization strategies to attract and retain profitable customers, in order to accelerate profitable growth of TD Insurance
Supervise analyses performed by team to forecast claims and competitive trends for the annual budget for each market and product
Support the presentation of pricing objectives to various stakeholders and committees as part of the internal approval process.
Support the development of strategies to accelerate profitable growth of TD Insurance and that will create a competitive advantage for TDI
Develop price optimization strategies to attract and retain profitable customers, in order to accelerate profitable growth of TD Insurance
Supervise initiatives to improve our customer segmentation in order to reach TD Insurance objectives, taking into consideration competitive and regulatory constraints
Supervise development of models for evaluation and measurement of customers\xe2\x80\x99 price elasticity and behaviors
Prepare required documents by rating boards for pricing changes according to mandated standards
Participate in the presentation of proposed changes to rating boards before review and answer questions from rating boards during the review
Support negotiations with rating boards to obtain approvals in order to achieve planned profit and growth.
Implement best practices, risk mitigation, risk controls as well as process, policy and procedures for the actuarial function. Ensure maintenance of controls, policies and procedures.
Lead implementation of approved price change;
Team is responsible to work with information technology and quality assurance teams for implementation of all approved price changes;
Ensure appropriate measures are in place to secure pricing accuracy of all policies sold (compliance and reputational risks).
Support communication of price changes;
Client Service Center: Explain new strategy to regional management team and present to insurance advisors.
Communication to clients: Support the client communication team in developing appropriate messaging to our clients following rate changes.
Develop and maintain Risk Sharing Pools cession strategies;
Build for the future
Support recruiting strategy to hire best potential;
Develop talent of highly skilled team members;
Act as a coach and mentor for team members;
Provide development opportunities internally and externally;
Support the strategy of exporting actuaries in other departments.
Responsible for managing a team of people
Responsible for on-time delivery of projects;
Provide constructive and timely feedback;
Responsible for performance evaluation of all team members.
Job Requirements
7 years of experience in an Actuarial function (Property & Casualty)
Associate of the Casualty Actuarial Society
Previous leadership (with direct reports)
Bachelor Degree in Actuarial Science
Experience with Predictive Modeling is an asset
Excellent Communication Skills
Highly adaptable for having discussions with different stakeholders in terms of expertise, training and hierarchical position.
Ability to work effectively during periods of stress and to make difficult decisions.
Autonomous and perseverant; shows initiative and creativity in his/her work.
Strong analytical and problem-solving skills
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. Job Family Actuarial Sciences Job Category - Primary Insurance Job Category(s) Insurance Hours 35 hours - 9am to 5pm - Monday to Friday Hours/Availability Detail 35 Business Line TD Insurance Time Type Full Time Employment Type Regular Country Canada **Province/State (Primary) Quebec City (Primary) Montreal Work Location 50 Boulevard Cremazie West Flexible Work Options N/A Job Expires 08-Apr-2023
Beware of fraud agents! do not pay money to get a job
MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.