Actuarial Analyst II – Pricing
| Company | TD Bank |
|---|---|
| Location | Montreal, QC, Canada, Toronto, ON, Canada |
| Salary | $78600 – $105000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- University degree
- 3+ years of related experience
Responsibilities
- Conduct actuarial related research and statistical analysis to inform new premium calculations and related reserve requirements for a given business or function
- Support preparation and perform review of technical actuarial work underlying segments of the statistical analysis, financial statements and/or respective reports
- Analyse the adequacy of the company’s rate and/or claim reserve levels by application of actuarial techniques
- Perform quality control on regulatory submissions
- Determine the pricing changes required to reach growth and profitability objectives
- Develop and maintain production and validation processes for data, models or tools
- Present work products to various business partners as assigned
- Provide day to day guidance to other/new team members
- Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
- Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
- Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk activities as necessary
- Identify, recommend and effectively execute standard practices applicable to the discipline
- Adhere to internal policies/procedures and applicable regulatory guidelines
- Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
- Contribute to the rating team’s innovation culture that will allow the company to increase its competitiveness
- Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
- Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
- Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
- Participate in personal performance management and development activities, including cross training within own team
- Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
- Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate
- Contribute to a fair, positive and equitable environment that supports a diverse workforce
- Act as a brand champion for your business area/function and the bank, both internally and/or externally
- Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of speciality
- Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
- Leads projects or workstreams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs
- Works within broad guidelines / policies and independently performs tasks from end to end
- Solves moderately complex problems by taking a new perspective on existing solutions
- Generally reports to a Manager / Senior Manager
Preferred Qualifications
-
No preferred qualifications provided.