TD Bank

Actuarial Analyst/Data Scientist

Job description

TD Description

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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.

Job Description

Part of the Corporate Actuarial department, the Research and Development team participates in various projects with respect to the liability valuation, strategic planning, capital and risk management team for General Insurance.

The Corporate Actuarial - Research and Development team is tasked with:


  • Supporting the team in the valuation of liabilities by investigating upcoming reserving techniques (individual claims reserving, deep triangle, Taylor-McGuire)
  • Developing and testing new features of existing tools, participate in their deployment and ensure sufficient controls are in place
  • Participation in various analyses, such as profitability analysis of different segments of TD insurance portfolio
  • Collaborating with different stakeholders in the company like Finance, Pricing and Claims operation amongst other

In the role, the candidate will have to:
  • Partake in implementation of IFRS17 for Corporate Actuarial
  • Partake in implementation of individual claims reserving methods
  • Create and maintain well-structured reusable tools
  • Assimilate research papers and demonstrate applicability to business use
  • Explain highly complex problems in a comprehensive way
  • Sharing information with various parties (colleagues and clients)
  • Develop detailed execution plan, manage external client deliverable and rigorously track the progress of multiple projects.
  • Coach, develop and inspire colleagues toward reaching new goals and becoming tomorrow’s leaders

Job Requirements

Minimum requirement
  • Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics or Data Science.
    • Experience in analytics, statistical analysis
    • Experience in P&C insurance
  • Experience in actuarial reserving
  • Working toward designation of ACAS or FCAS
  • Advance technical skills (ex.: R, Python, Tableau or other programming languages)
  • Excellent communication skills (both written and verbal) in English & French
Preferred requirement
  • Ease to learn new programing languages, software and concepts
  • Actuarial Life and Health knowledge
  • Knowledge in predictive modeling.
  • Critical thinking, analytical and problem-solving skills.
  • Demonstrate strong knowledge of financial statements, the insurance industry and risk management concepts

Additional Information

Education and Accreditation
Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistic or Data Science.

Number of Years Experience
5+

Skills Category
Analytical Skills –
Presentation Skills –
Research –
Time Management –
Business Intelligence –
Computer Skills –
Creativity & Innovation –
Effective Communication -

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

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

Job Expires

26-Nov-2021

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