Manager, Actuarial

TD Bank

4.1

(21)

Multiple Locations

Why you should apply for a job to TD Bank:

  • 4.1/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 81% say women are treated fairly and equally to men
  • 76% would recommend this company to other women
  • 76% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • We offer flexible working options to help you manage the critical roles you play in your personal life as well as your professional one
  • We emphasize a culture of diversity, empower employees with diverse abilities & ensure they have the tools & support they need to thrive
  • We encourage our employees’ volunteer efforts and actively look to support community initiatives that can involve the TD team
  • #R_1466627

    Position summary

    cation, 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:

    Department Overview

    The GI Reinsurance department is responsible for ensuring that insurance risk is appropriately mitigated by designing and managing reinsurance structures aligned with TD Insurance's risk appetite. The team also evaluates actuarial reserves and the ultimate cost of catastrophic loss events and provides periodic financial reporting of reinsurance‑related results.

    Key Responsibilities

    Reinsurance Financial Reporting & Analysis

    • Lead the team responsible for monthly reinsurance financial reporting, including analysis and evaluation of amounts recoverable from reinsurers, and work closely with Finance on issues that arise

    • Participate as a core contributor in the annual reinsurance treaty renewal process, review reinsurance strategy, and coordinate communications with reinsurance brokers and TD Global Counterparty Credit

    • Support loss forecasting as part of budget planning and periodic follow ups by coordinating timing of inputs and outputs with partners such as Corporate Actuarial and Finance

    • Contribute to enhancement of the performance of the reinsurance group (i.e. climate change analysis, risk assessment by natural perils, ifrs17 development)

    Governance, Controls & Risk Management

    • Ensure maintenance of controls, policies, and procedures while rigorously applying governance principles, including SOX and EUC controls, audit requirements, and model validation processes

    Internal Partnerships & Collaboration

    • Build strong partnerships with the Claims department to deepen understanding of the claim lifecycle and to establish effective monitoring processes.

    • Work independently with internal control partners, including Audit, E&Y, and Risk Management

    Leadership & Knowledge Sharing

    • Contribute to the development of actuarial and analytical capabilities through mentorship and coaching.

    • Inform internal partners about reinsurance strategies, share knowledge and best practices, and support cross functional collaboration

    • Develop and coordinate responses to ad‑hoc requests

    Requirements

    • Undergraduate degree in actuarial science or another quantitative field

    • At least 6 CAS exams completed

    • Minimum of 8 years of relevant experience

    • Strong computer and programming skills, including Excel, VBA, R, and SQL

    • Strong understanding of insurance business strategy, finance, and the reinsurance industry

    • Solid knowledge of financial and accounting concepts

    • Client oriented with excellent communication skills

    • Bilingual

    • Recognized for high quality work, strong attention to detail, and rigor

    • Adapts quickly to new work environments

    • Strong planning abilities; analytical, collaborative, and innovative mindset

    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 for our Canada-wide workforce.

    Our Total Rewards Package
    Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

    Additional Information:
    We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

    Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

    Colleague Development
    If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

    Training & Onboarding
    We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

    Interview Process
    We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

    Accommodation
    Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

    We look forward to hearing from you!

    Language Requirement (Quebec only):
    Sans Objet

    Why you should apply for a job to TD Bank:

  • 4.1/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 81% say women are treated fairly and equally to men
  • 76% would recommend this company to other women
  • 76% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • We offer flexible working options to help you manage the critical roles you play in your personal life as well as your professional one
  • We emphasize a culture of diversity, empower employees with diverse abilities & ensure they have the tools & support they need to thrive
  • We encourage our employees’ volunteer efforts and actively look to support community initiatives that can involve the TD team