Actuarial Manager, Pricing Analytics

Job title:

Actuarial Manager, Pricing Analytics

Company

TD Bank

Job description

Company Overview

Our Values
At TD we’re guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Making Your Well-being a Priority
A supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars – physical, financial, social and mental/emotional. In addition, we champion a safe and inclusive work environment so colleagues feel a sense of belonging and feel supported in their personal and professional growth. Through our focus on well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes, because when colleagues feel their best, they’re more likely to do their best.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their 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 including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: Hybrid, Onsite and Primarily Remote. Wherever our colleagues are working, they’ll always have access to the TD community and experience our culture of care.

Who We Are
TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by branches. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Department Overview

Welcome to the cutting-edge world of AI and Machine Learning at TD Bank! Our team is at the forefront of driving innovation in the insurance segment, leveraging advanced technologies to transform the way we operate and serve our customers.

As part of our team, you will be immersed in a dynamic environment where creativity and technical expertise converge. We are responsible for spearheading AI and ML projects that push the boundaries of what’s possible, enabling us to make data-driven decisions and deliver exceptional value to our customers.

Join us on this exciting journey as we unlock the potential of AI and Machine Learning to revolutionize the insurance landscape. Together, we will shape the future of TD Bank and drive exceptional outcomes for our customers.

Job Requirements

What can you bring to TD? Tell us about your most relevant experience, credentials and knowledge for this role, as well as these requirements and desired attributes:

• Bachelor’s degree in Actuarial, Mathematics or related field; Actuarial certifications are a plus
• 5+ years of experience in an actuarial role, or in a data science role within the insurance industry, demonstrating a strong foundation in actuarial sciences and advanced analytics.
• Proven ability to build compelling business cases and develop analytics roadmaps that align with organizational goals.
• Exceptional analytical skills, with the ability to analyze, organize, and prioritize work effectively while managing multiple deadlines.
• Good expertise in R/Python/PySpark and modeling/machine learning techniques.
• Strong collaborator who engages colleagues, business partners and external stakeholders.
• Superior interpersonal, communication and presentation skills with ability to present information or arguments in a convincing manner
• Ability to drive change and influence with stakeholders at various levels of the organization.
• Highly self-motivated with a positive attitude
• Experience within Insurance an asset

Hours

35

Job Details

About this Role

We are seeking a highly skilled and motivated Actuarial Manager to join our dynamic team at Enterprise Data & Analytics (ED&A). Reporting to the Senior Actuarial Manager, you will be responsible for leading the strategic roadmap and execution of advanced analytics and machine learning models to support our Pricing initiatives.

In this role, you will have the opportunity to lead a team of talented data scientists, statisticians, and actuaries, collaborating with our business partners. Your advanced technical expertise and business acumen will be crucial in designing and deploying predictive models that contribute to the advancement of our AI/ML strategy. Key areas and functions that you will be responsible for include:

• Developing and maintaining analytics strategies, roadmaps and inventory of use cases for evaluating profitability of prospective clients that meets partners’ needs and supports the evolution of analytics for Pricing strategies.
• Supporting the overall Risk Sharing Pool (RSP) cession strategy to maximize overall benefits derived from advanced AI/ML models.
• Taking ownership of, continuously evolving, and maintaining TDI Loss Cost models to drive Pricing strategies and uphold our position as a market leader in the insurance industry.
• Leading an AI/ML Practice team and effectively managing knowledge and capabilities to meet medium to longer-term needs.
• Working closely with business owners to provide innovative business solutions using modeling, analytics, and big data.
• Coaching, mentoring, and guiding the team within your domain area of expertise.
• Establishing effective relationships across multiple business and technology partners, program and project managers.
• Communicating complex modeling and analytical concepts in clear, easy-to-understand terminology to senior leadership and risk management.
• Developing and maintaining tools to support business partners in making informed decisions.
• Identifying opportunities and leveraging data-related solutions to drive business productivity, while implementing measures to enhance effectiveness and operational efficiency.
• Researching new data opportunities to enrich modeling data.
• Adhering to enterprise frameworks and methodologies.

To thrive in this role, you should possess a strong background in actuarial science, along with extensive experience in advanced analytics and machine learning. You must have excellent leadership and communication skills, enabling you to effectively lead a team and collaborate with various stakeholders. Your ability to translate complex concepts into actionable insights will be essential in influencing senior leadership and driving our AI/ML strategy forward.

At TD Bank, we foster a collaborative and inclusive work environment that encourages innovation and professional growth. If you are passionate about leveraging cutting-edge technologies to drive business success and have a proven track record in actuarial science and AI/ML, we invite you to apply for this exciting opportunity

Workplace Model

Hybrid

Inclusiveness

Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

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.

How We’re Helping Make an Impact in Communities
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

We look forward to hearing from you!

Additional Information

#actuarial #LI-Hybrid

Business Line

TD Insurance

Job Category – Primary

Insurance

Job Category(s)

Insurance

Job Family

Actuarial Sciences

Time Type

Full Time

Employment Type

Regular

Hours/Availability Detail

Monday to Friday, 9am to 5pm

Pay Details

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with your recruiter and ask compensation related questions, including pay details for this role.

Careers Web Site Cities

Canada-Ontario-Toronto, Canada-Quebec-Montreal

Proficiency in Other than French

This position requires proficiency in a language other than French to support or deal with employees or colleagues who require services and support in a language other than French.

Expected salary

Location

Toronto, ON

Job date

Fri, 05 Jan 2024 02:05:11 GMT

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