Actuarial Analyst III - GI Reinsurance

CAD 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.

Department Overview   The GI Reinsurance department is responsible for ensuring insurance risk is appropriately mitigated by putting in place and manage the reinsurance structures, in line 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.

Participate in execution of reinsurance's monthly financial reporting, including the monthly analysis and evaluation of amounts recoverable from reinsurers.  Work with corporate actuarial and f inance on any issues that arise   Participate in the annual reinsurance treaty and renewal process, planning and execution of Catastrophic Bonds, review reinsurance strategy, and coordinate communications with reinsurance brokers and TD Global Counterparty Credit   Participate in the forecasting of losses as part of budget planning and periodic follow ups by coordinating timing of inputs and outputs with partners such as Corporate Actuarial , Pricing and Finance   Develop and participate in projects or responses to ad-hoc requests (ex.: Climate change, risk accumulation, catastrophic scenarios, by peril analysis)   Ensure maintenance of controls, policies, and procedures while rigorously applying governance principles, including SOX and EUC controls, audit requirements, and model validation processes   De velop 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   Contribute to the development of actuarial and analytical capabilities through mentorship , training session and coaching.   Inform internal partners about reinsurance strategies, share knowledge and best practices, and support cross functional collaboration       Requirements   Undergraduate degree in actuarial science or another quantitative field   Working toward designation of Casualty Actuarial Society (ACAS or FCAS)   5 years + of relevant experience   Strong computer and programming skills (Excel, VBA, R, Python )   Role also requires a strong understanding of business strategies and behavior, finance and the (re)insurance industry   Knowledge of financial and accounting concepts   Client-oriented and superior communication skills   Bilingual   Known for the quality of his/her work product, strong attention to details and rigor   Adapts quickly to new work environment   Strong planning skills   Analytical mindset, team spirit, innovative     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. Everyday, we strive to make every interaction, product and experience remarkably human and refreshingly simple for more than four