Work Location:
Montréal, Quebec, CanadaHours:
35Line of Business:
Data & AnalyticsPay Details:
55 400 $/$55,400 - 83 000 $/$83,000 CADTD 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:
Job Description
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. Another Key responsibility is to evaluate the actuarial reserve / ultimate cost of catastrophic loss events when they occur. In addition, the GI Reinsurance department is responsible for providing periodic financial reporting of reinsurance related results.
In the role, the candidate will have to:
Responsible for the execution of reinsurance's monthly financial reporting, including the monthly analysis and evaluation of amounts recoverable from reinsurers. Work with Finance on any issues that arise.Participate in the annual reinsurance treaty renewal process, participate in the review of the reinsurance strategyParticipate in the forecasting of losses as part of budget planning and periodic follow-upsRigorously apply the business' governance principles, including SOX and EUC controls, audits and model validation processesDevelop relationships with our partners in the Claims department in order to better understand the claim lifecycle and establish monitoring processesAssist in presenting reinsurance to various internal partners, inform them of their potential impact on reinsurance future needs or costCreate and maintain well-structured reusable toolsDevelop responses ad-hoc requestsJob Requirements
Bachelors or Master's degree in Actuarial, mathematics, statistics or Data science.Experience in Analytics, Statistical AnalysisExperience in P&C insuranceWorking toward designation of ACAS or FCASAdvance technical skills (ex.: R, Python, Tableau, Excel, VBA)Demonstrate knowledge of financial statements, the insurance industry and Reinsurance conceptsClient-oriented and superior communication skillsBilingual (English/French)Known for the quality of his/her work product, strong attention to details and rigorAnalytical mindset, team spirit, innovativeWho 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. More than four million customers count on us.
As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental 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, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
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.
We look forward to hearing from you!
Language Requirement (Quebec only):
Sans Objet