Actuarial analyst valuing reserves and insurance liabilities for TD Insurance, serving over four million Canadian customers. Developing methodologies, reports, and risk controls.
Responsibilities
Participate in quarterly reserve valuations
Establish actuarial reserves for all lines of business and the methodologies underlying key assumption selections
Monitor and update key assumptions monthly, then measure the impact of changes
Deliver claims liabilities and ultimate profitability results for insurance entities
Develop and present forward-looking analyses of emerging trends
Develop, enhance, and optimize valuation tools and techniques
Maintain and create reports tracking the evolution of actuarial reserves
Compare actual losses with expected losses monthly
Prepare appointed actuary reports for all legal entities
Coordinate the communication and certification of financial results with business partners, external auditors, the Autorité des marchés financiers (AMF), and the Office of the Superintendent of Financial Institutions (OSFI)
Implement risk-control measures and improve policies, procedures, and processes
Coach, develop, and inspire colleagues to achieve their objectives
Requirements
Bachelor’s degree in Actuarial Science or a related field of study
Associate designation or the ambition to pursue CAS, CIA, or equivalent examinations
Minimum of 5 years of experience in an actuarial role related to property and casualty insurance
Sound judgment and analytical thinking
Strong problem-solving skills
Ability to anticipate the results of a given analysis or report
Attention to detail and commitment to quality
Ability to innovate and demonstrate creativity and critical thinking
Knowledge of MS Excel (VBA) and programming languages (e.g., R/Python)
Knowledge of IFRS 17 is an asset
Ability to make quick decisions in certain situations
Ability to communicate effectively in English, both written and verbal
Ability to adapt communication to the audience
Ability to work effectively during peak periods
Ability to collaborate effectively with various business partners and build lasting relationships
Self-motivated and persistent
Proficiency in a language other than French to provide support to or interact with employees who require services and support in a language other than French
Benefits
Base salary and variable compensation
Health and well-being benefits
Savings and retirement programs
Paid time off
Banking benefits and discounts
Career development
Reward and recognition programs
Regular career, development, and performance conversations
Online learning platform
Mentoring programs
Training and onboarding sessions
Interview accommodations, including accessible meeting rooms and captioning for virtual interviews
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