Insurance Risk Analyst (Actuarial)

Wikwemikong, ON | Montreal, QC

TDI Risk Management (RM) is accountable for the RM program across TDI, relying on key activities and deliverables embedded within the accountabilities of business process, risk and control owners (first line). RM has a mandate to ensure global compliance with the Enterprise RM Framework.
The TDI Insurance Risk Management is accountable for the alignment of TDI with TD's Insurance Risk Policy. This is performed by challenging the Corporate Actuarial unpaid claims liabilities valuation as well as the Pricing indicated rate changes. This also requires the challenge of various business initiatives from an insurance risk perspective, the production of reports and dashboards to be presented to different risk committees as well as the production of the ORSA report. TDI Insurance Risk Management aims to perform challenges that are efficient, thorough and well documented.
Time Type Full Time Employment Type Regular Hours 35 Business Line Corporate Job Family General Job Category - Primary Risk Management Job Category(s) Risk Management Job Description The insurance risk analyst contributes to the success of the TDI Insurance Risk Management team mainly by participating in the review of the unpaid claims liabilities valuation as well as in the review of the indicated rate changes.

  • Reporting directly to the Senior Manager, Insurance Risk Management;
  • Participate in the challenge of the Corporate Actuarial team's unpaid claims liabilities estimates by deriving unpaid claims liabilities estimates on assigned lines of business and identifying the drivers of difference between IRM and Corporate Actuarial's estimates;
  • Participate in the challenge of the Pricing team's indicated rate changes by deriving indicated rate changes on assigned lines of business and identifying the drivers of difference between IRM and Pricing's estimates;
  • Participate in the documentation, reporting and communication related to the unpaid claims estimates challenge and indicated rate change challenge;
  • Participate in the development, in collaboration with our business partners, of Key Risk Indicators for Insurance Risk;
  • Participate in the design and the implementation of process improvements in order to achieve more efficient and insightful challenges
  • Contribute to building, developing and maintaining effective relationships with our business partners. Job Requirements
  • 3+ years of actuarial experience in the general insurance field
  • Bachelor degree in Actuarial Sciences or related field
  • ACAS near completion or at least six Casualty Actuarial Society professional exams (preferred)
  • Excellent knowledge of the Microsoft Office Suite
  • Experience in pricing and reserving is preferred
  • Advanced analytical, decision-making and problem solving skills
  • Client-focused and aptitude for teamwork with solid organizational and communications skills
  • Highly adaptable to change
  • Autonomous and perseverant; shows initiative and creativity in their work
  • Recognized for their thoroughness and the quality of their work 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.
    **Province/State (Primary) Ontario City (Primary) Toronto ProvState 2 Quebec City(s) 2 Montreal
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