Easter Seals Jobs

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Data & Analytics

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Model Development

Implement valuation model requirements arising from the transition to the IFRS17 Accounting Standard. The Manager will be responsible for the transformation of the AXIS valuation model used by the Corporate Actuarial L&H team to fit IFRS17 specifications. Calculations outside of AXIS will need to be reviewed for appropriateness under IFRS17. As the owner of the AXIS model, the modelling of new business requirements and ad hoc changes will also fall under the purview of this role. The Manager will work with and communicate changes to the Production and IFRS17 Project teams.

The Manager will be responsible for testing model outputs from AXIS and AXIS Link, as well as managing all inputs required for the SAS Solution for IFRS17. Changes to models should be tested for accuracy with financial impacts communicated to business partners. Responsibilities also include validating balance sheet entries and P&L results for insurance contracts with Finance and Accounting partners.

Database Management and Controls

The Manager will maintain inforce extracts and policy movement tables necessary for IFRS17 valuation. They will communicate requirements to the IT and Data Analytics teams to ensure policy and transactional data is accurate and optimized for these purposes. The Manager will design controls to ensure data is tested and appropriate for valuation, with clear documentation of all processes.

This position is an independent contributor role with no direct reports. Applicants not meeting all requirements may be considered for this role as a Senior Analyst.

Reporting to the Senior Manager, IFRS17 and Special Projects.

Job Description :

Accountabilities

• Model Development:

• Communicate with Corporate Actuarial colleagues to understand modelling requirements;

• Perform AXIS coding to model new IFRS17 requirements;

• Improve existing models for accuracy and efficiency;

• Quantify the impacts of modelling changes in terms of reserve and capital; and,

• Validate model results for accuracy and reasonability;

• Data Management:

• Review and ensure data inputs are appropriate for IFRS17 modelling needs;

• Work with technology and data teams to ensure extracts are accurate and all IFRS17 requirements have been implemented;

• Optimize the flow of data from source extract to AXIS valuation input;

• Establish controls for the use of data in actuarial modelling and finance reporting; and,

• Ensure proper documentation exists for data processes.

Job Requirements :

Qualifications and Education Guidelines

• Communication:

• Ability to communicate effectively in English, both verbally and in writing. French is an asset.

• Expertise with technical language and concepts.

• Proficient in communicating technical concepts to a non-technical audience.

• Analytical Skills:

• Has strong problem-solving and critical thinking skills. Produces high quality work.

• Proficient with Moody's AXIS software, including AXIS Link.

• Demonstrated strength with Excel, MS Access and other database or analytical software.

• Knowledge of SAS Solution for IFRS17 is an asset.

• Experience with SAS, SQL, R, Python, Tableau or equivalent considered an asset.

• Work Management:

• Projects a professional image and acts accordingly.

• Has effective and developed organizational ability.

• Takes responsibility for projects and executes plans in a timely manner.

• Ability to work independently and manage deadlines during periods of stress.

• Professional Guidelines:

• Bachelor's degree in actuarial science, or other quantitative area of study.

• Working towards Fellowship with the Society of Actuaries and Canadian Institute of Actuaries.

• Minimum 5 years of Life & Health Insurance actuarial experience.

• Minimum 2 years of IFRS17 AXIS modelling experience.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

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 (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)

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.

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:

N/A.

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