Senior Manager, Actuarial - Life & Health Product Development & Strategic Initiatives

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.

The Senior Manager, Life & Health Product Development & Strategic Initiatives role at TD Insurance will be responsible for evaluating, developing, and advancing new Life & Health product opportunities and strategic initiatives. This includes evaluating but not limited to white spaces for Life & Health, identifying attractive market segments and assessment of product-to-market fit, development of business cases grounded in actuarial fundamentals and  implementation of market leading Underwriting experiences for TDI customers. The Senior Manager will play a critical leadership role in shaping the evolution of TDI’s Life & Health product strategy and underwriting capabilities. The successful candidate will connect Product, Underwriting, Data & Analytics, Distribution and Journey teams to support with implementation of a forward-looking, AI-enabled underwriting vision for TDI, while ensuring new product opportunities are commercially viable, financially sound, operationally feasible, and aligned to the organization’s risk appetite and regulatory expectations. Key Accountabilities Lead the evaluation and development of new Life & Health product opportunities, including identifying white space, target market segments, customer needs, and product-to-market fit in support of TDI’s growth agenda. Develop robust business cases for new product initiatives, grounded in actuarial fundamentals (IFRS17, LICAT), meet profitability objectives, and manage risk and operational considerations. Collaborate with key business partners to shape and advance a forward-looking Life & Health underwriting strategy, modernizing processes to reduce customer and colleague friction and support an AI-enabled vision that improves business outcomes. Conduct market research and competitive analysis to assess emerging opportunities, product gaps, customer needs, innovation potential, and financial and operational feasibility. Partner with Product, Pricing, Underwriting, Data & Analytics, Journey, Risk, Finance, Legal, Compliance, and Distribution teams to shape product concepts, support go-to-market planning, and align initiatives to TD’s operating model and governance processes. Translate actuarial, product, underwriting, and market insights into clear recommendations for senior leadership decision-making and executive governance. Provide leadership, coaching, and direction to team members and cross-functional partners involved in product development and strategic initiative execution. Job Requirements Experienced Life Actuary (7+ years) with deep knowledge of Life & Health insurance products, including but not limited to individual Life & Critical Illness, Annuities and Benefits. Domain expertise in multiple of the following areas: product development and management, underwriting, pricing, distribution, and financial management (IFRS17, LICAT). Proven ability to develop compelling business cases, assess product-to-market fit, evaluate financial viability, and translate strategic concepts into executable plans. Strong product management experience from an actuarial lens, with the ability to connect customer,