Actuarial Specialist, Rating Migration

Job Description

Work Location: Montréal, Quebec, Canada Hours: 35 Line of Business: Data & Analytics Pay Details: 135 000 $/$135,000 - 160 000 $/$160,000 CAD This 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: DEPARTMENT OVERVIEW The GI Pricing and Profitability team is expanding, and many new positions are now available! Our team is crucial in maintaining the company's financial health and competitive edge. By leveraging data analysis, actuarial science, and market research, we ensure profitability while offering fair and attractive rates that comply with provincial regulations. This growth offers incredible opportunities for career advancement, exposure to diverse projects, and the chance to be part of a transformative journey. POSITION OVERVIEW Reporting to a Senior Manager, the Actuarial Specialist plays a pivotal role in building team capability by coaching junior actuaries and providing technical leadership to deliver business outcomes and lead projects successfully. The Actuarial Specialist is expected to foster a culture of continuous improvement and innovation. As a highly skilled individual contributor, you'll have freedom to innovate, the support to execute, and the visibility to make a direct impact on business results. KEY ACCOUNTABILITIES Actuarial Specialist, Pricing Migration Provide technical expertise to translate pricing methodologies into implementable rating specifications to the new rating engine Guide and review premium reconciliation of new vs legacy engine premiums, quantify impacts, explain drivers and document acceptable differences Coach and guide others on new rate engine pricing implementation best practices Lead the team through modernizing premium-setting and rate delivery processes (simplified workflows, governance, documentation, approvals) JOB REQUIREMENTS University degree in Actuarial Sciences or closely related field 7 years in a P&C Actuarial function Excellent knowledge of Excel Proficiency and interest in programming, notably with SQL, R and/or Python Advanced analytical, decision-making and problem-solving skills Autonomous an

Required Skills