Actuarial Analyst III - Pricing
Description
The General Insurance (GI) Pricing and Profitability team at TD is expanding, seeking multiple Senior Actuarial Analysts. This role is crucial for maintaining the company's financial health and competitive edge through data analysis, actuarial science, and market research. Senior Analysts will be responsible for implementing pricing strategies, coaching junior actuaries, demonstrating subject matter expertise, and contributing significantly to the team's strategic direction.
What We're Looking For
Review and update pricing algorithms to support business objectives for profitability and growth.
Generate and execute strategies to accelerate profitable growth.
Submit filing documentation and support to regulatory bodies.
Implement pricing optimization strategies across personal lines.
Build and apply models and optimization techniques for premium adjustments.
Track and report on the performance of deployed strategies, identifying areas for improvement.
Support the implementation of a financial projection framework for pricing changes.
Track and analyze financial performance, providing insights and recommendations.
Mentor and guide junior analysts in best practices for financial performance tracking.
Assist in centralizing and optimizing Risk Sharing Pool (RSP) cession strategy at a national level.
Support the achievement of financial objectives for each RSP.
Analyze RSP cession results and pool performance, providing recommendations.
Track and monitor profitability of the Private Client Advice (PCA) Book of business.
Identify opportunities to accurately reflect more complex risks associated with the PCA segment.
Assist in calculating premiums and provide pricing expertise for special coverage needs in PCA.
Continuously review and update group discounts to support affinity-related pricing and business objectives for Affinity Market Group (AMG).
Monitor AMG profitability to inform pricing decisions.
Review and update profit-sharing strategies to support AMG regulatory and contractual requirements.
Support the migration to a state-of-the-art pricing and rating platform.
Lead enhancements in the collaboration between development and deployment teams.
Support monitoring of Usage Based Insurance (UBI) driving patterns and competitive trends.
Contribute to the continuous improvement of the UBI pricing strategy.
Ideal Candidate
University degree in Actuarial Science or related field.
5+ years of related experience.
Excellent knowledge of Excel.
Proficiency and interest in programming, notably with SQL and R.
Strong aptitude for teamwork.
Autonomous and resilient; shows initiative and creativity in their work.
Preferred: Prior experience with predictive modeling.
Preferred: Working toward FCIA/FCAS designation.
Minimum Education
University degree
Hard Skills
Soft Skills
Work Hours
35 hours/week
Benefits
Special Commitments
Temporarily eligible for a pay premium above the posted salary range that is reassessed annually.
Also Available At
About the Company
The Toronto-Dominion Bank
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group, one of the largest banks in North America. TD provides a wide range of personal, commercial, and investment banking products and services to over 27 million customers globally. Headquartered in Toronto, Canada, the bank operates through key segments including Canadian Retail, U.S. Retail, and Wholesale Banking.
We respect your privacy
BerryMap uses cookies to provide essential features, analyze usage, and improve your experience. You can customize your preferences below.