Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Insurance

Pay Details:

$145,000 - $200,000 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.

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:

Individual Accountabilities

• Define business plan aligned pricing strategies (including AMG (affinity) and PCA (high net worth)) objectives)
• Monitor and measure profitability through ongoing rate indication activities; Enhance capabilities in rate indication models and forecasting methodologies.
• Own and execute on pricing initiatives to deliver on the GI business plan.
• Communicate pricing changes to appropriate business partners including technical requirements for systems implementation.
• Develop independent assessments of forecasted reserve levels.
• Assess loss cost, frequency and severity for financial planning and modeled loss cost projections.
• Ownership of pricing decisions for UBI NextGen Program, collaborating with product and journey teams on future versions
• Maintain positive relationships with regulators including submission and approval of rate filings.
• Determine cession strategy as it relates to auto RSP maximizing profit while considering internal constraints (implementation capacity, front line capacity to execute manual cession, etc.) and governmental constraints.
• Optimize performance to achieve strategy by robust monitoring and aligned prioritization with key business partners.
• Align and integrate 1TD and AMG strategies/tactics to ensure portfolio growth goals by providing ongoing strategic direction and insights.
• Ensure robust governance of all pricing processes and collaborate with risk partners to remediate any risk events.
• Business lead for implementation of new pricing platform, setting business objectives and ensuring system is designed to deliver best in class pricing sophistication.
• Maintain exceptional relationships with claims management, corporate actuaries, DAI, and Risk

Shared Accountabilities

• Advanced Analytics – ensure alignment of model updates to drive accurate profitability measurement and sophistication, ownership of final go-to-market pricing.
• Product Development – ensure alignment of product and pricing priorities.
• Underwriting – support costing of underwriting initiatives and ensure alignment to RSP profit strategies.
• Distribution – ensure alignment to and provide strategic input into sales/retention initiatives/projects, strategic partnerships & new affinity groups.
• GIAC – support for the impact of rate activity on phone channel sales strategies/forecasts
• Digital Channel – support measurement and impact of rate activity on digital sales strategies/forecasts
• Technology – partner with and ensure capacity to deliver pricing strategies.
• Marketing – ensure alignment to and provide strategic direction on marketing campaigns.
• Risk & Compliance & GIR – work closely with risk partners to manage/mitigate risk related to Pricing.

Leadership Behaviors

• Embrace and live TD's leadership profile.
• Create an inclusive, high energy, fun work environment that is focused on achieving results while valuing strong process and risk management.
• Take calculated risks; be prepared to make mistakes and learn from them.
• Have a point-of-view and be flexible enough to change it based on new/more information, analysis and/or incorporating a different perspective.
• Strong business partnership/Executive presence

Capabilities

• Highly specialized in insurance/pricing/financial/reinsurance knowledge in the property and casualty industry
• FCAS with 10+ years experience
• Strong team leadership experience
• Decisive when recommending program components/strategies.
• Ability to develop and execute compelling, winning strategies.
• Negotiation skills
• Strong planning skills
• Strong communication skills & leadership presence
• Ability to work with multiple internal and external stakeholders.
• Can operate effectively within a matrix environment.

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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