actuarial analyst
Title posted on CareerBeacon -
Actuarial Analyst II – Underwriting Analytics
Posted on
March 08, 2025
by
Employer details
TD Bank
Job details
Work Location:Montréal, Quebec, CanadaHours:35Line of Business:Data & AnalyticsPay Details:62 900 $/$62,900 - 94 300 $/$94,300 CADThis role is temporarily eligible for a pay premium above the posted salary range that is reassessed annually. You are encouraged to have an open dialogue with your recruiter who can provide more specific pay details for this role.TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.Job Description:The TD Analytics for Insurance team has the mandate to provide business intelligence using advanced analytical techniques such as machine learning and artificial intelligence (AI) models. This group is responsible for doing in-depth analysis to better understand claim payments, client or advisor behaviours, product design and a lot more. This group is also responsible to develop, maintain and calibrate all models used within TD Insurance, including but not limited to loss cost models and customer behaviour models.Within this team, the Underwriting Analytics function is a multidisciplinary team that is dedicated to develop and maintain underwriting rules and guidelines. The team is composed of Actuarial Analysts and Data Scientist whose primary task is to gather and analyses data to develop schemes and predictive models that will refine TDI's risk appetite. Collaboration with Underwriting Specialists is also essential; their main role to determine underwriting rules that will respect the government's regulatory guidelines, while being clear and easy to apply for advisors.Main tasks of the Actuarial Analyst II, Underwriting Analytics:? Using state-of-the-art predictive modelling techniques to refine segmentation models and underwriting rules for the general insurance automobile and residential products for the TD Insurance Canadian market? Pushing forward the knowledge of the client's expected risk and profitability to the business by leveraging insight and making data-driven decisions? Execution and presentation of numerous underwriting analyses aiming to support growth and profitability objectives of TD Insurance? Development and maintenance of tools to monitor the evolution of our portfolio? Collaboration with numerous departments within the organization (Underwriting, Product, Pricing, Risk Management, Client Service Center, etc.)Job Requirements:? Bachelor's or master's degree in Actuarial Studies, Mathematics or Statistics? Minimum of 3 professional exams of the Casualty Actuarial Society? Minimum of 3 years of actuarial experience in P&C? Analytical mind and ability to make sound decisions? Good organizational and time management skills? Highly adaptable to changing situations? Computer skills (SQL, R, Python, VBA, etc.) and knowledge of Microsoft Office Suite? Effective written and oral communication skills in English and French (an asset)Who We Are:As part of TD Bank Group, one of Canada's largest financial institutions, at TD Insurance, we care for Canadian families, making it easy to get the best advice, protection, and support in their moments of need, always.TD Insurance offers a wide range of products, including General Insurance and Life and Health. More than four million customers count on us.As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities fo
-
LocationToronto, ON
-
Workplace information
On site
-
SalaryNot available
-
Terms of employment
Permanent employmentFull time
-
Starts as soon as possible
- vacancies
1 vacancy
- Source
CareerBeacon
#2137635
Advertised until
2025-04-06
Important notice: This job posting has been provided by a partner site. Job Bank is not responsible for this content.
Report a problem with this job posting
Thank you for your help!
You will not receive a reply. For enquiries, please contact us.