Work
Location:
Toronto, Ontario, CanadaHours:
37.5Line Of Business:
Data & AnalyticsPay Details:
$160,000
- $200,000 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
Role SummaryThe Senior Manager, Pricing, Pension Risk Transfer (PRT) is responsible for the end-to-end pricing analysis and ownership of group annuity plans / PRT bids / deals. This role develops and owns the deal pricing model and assumptions, interprets pension plan provisions and member data, assesses transaction risks, and manages key reinsurance partnerships. This role requires deep technical capability, sound commercial judgment, and strong cross-functional influence including collaboration across business development, investments, corporate actuarial, finance, operations, and risk / 2nd line partners.
Key Responsibilities
Lead the pricing analysis for new PRT deals and prepare the pricing memo / management facing materials to support recommendations for approvalAnalyze pension plan documents, benefit specifications, member data and experience studies to set pricing strategy, data issues, and key transaction risksCollaborate across Investments, Finance,
Legal, Operations, Corporate Actuarial, and Risk functions to meet growth and profitability targets and ensure regulatory complianceOwnership and management of pricing models (build, maintenance, Model validation coordination, governance) and assumptions (experience monitoring, industry research)Support PRT-related reinsurance negotiations and maintain on-going working relationships with reinsurers including overseeing on-going reinsurance administrationPartner with Distribution to support quote strategy, transaction structuring, and responses to intermediaries, consultants, and plan sponsors.
Lead post-deal review, experience analysis, and continuous improvement of pricing assumptions and execution processes.
Oversee model and data hand-off to Corporate Actuarial and Operations teams for on-boarded plansLeverage AI to drive operational efficiencies in data analysis and internal reportingQualifications /
Experience:
Fellow of the Canadian Institute of Actuaries / Society of Actuaries7+ years of relevant experience in Life and Annuity industryBachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related quantitative field.
Domain expertise in multiple of the following areas: PRT/group annuity business, pensions, actuarial pricing, IFRS17, LICAT, longevity reinsuranceStrong technical capabilities in Moody's GGY AXIS,
Excel and longevity analytics tools such as ClubVitaAbility to translate technical analysis into clear commercial recommendations for senior stakeholdersAbility to oversee the development of technical actuarial models, produce detailed documentation and work with 2nd line to own model governanceAbility to collaborate across stakeholders of various disciplines and lead actuarial staffSuccess Profile:
Strong technical depthHigh attention to detail and control orientationCommercially pragmaticComfortable working in an emerging, build-stage businessStrong written and verbal communicationAble to influence without formal authorityStrong presentation skills including to senior managementWho 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 strive to make every interaction, product, and experience remarkably human and refreshingly straightforward for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
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 ke
📌 Senior Manager, Pricing, Pension Risk Transfer (Winnipeg)
🏢 TD
📍 Winnipeg