Associate Vice President, Product, Underwriting and Governance, Life and He

at  TD Bank

JOB DESCRIPTION:

Reporting to the VP Product, Pricing, Underwriting, Governance & Control, Life and Health (L&H) TD Insurance, the AVP, Product, Underwriting, Governance and Control leads a team of experts in L&H and Creditor Products, Medical Underwriting and Governance and Control for the L&H function. The general accountabilities of this role include but are not limited to the following:

• Own the TDI L&H Product design and planning including existing and new Product Design and Development, Revenue/P&L/margin responsibility (projections and analysis for all Life, Health, and Credit Protection Products, focused on delivering profitable growth, earnings and volume growth
• Grow the L&H business: contribute to the development of strategic plans, business cases to create and modify product solutions to meet the insurance needs of clients.
• Maintain strong working relationships with internal partners including Cards product, Retail, Wealth, GI, Phone & Digital, to support the development of collaborative solutions to service current and future clients.
• Together with the L&H Distribution team, influence internal distribution and administrative partners to support on-going best execution and profitable sales growth.
• Leverage ONE TD, Affinity, PCA, GI and Wealth relationships to develop and enhance our products and channels to support growth.
• Support the execution oversight of approved strategic plans and business initiatives.

QUALIFICATIONS & EXPERIENCE:

• Undergraduate degree
• Associate (ACAS) and Fellow (FCAS) designations
• 10+ preferred years of experience in a senior actuarial role
• Deep Insurance experience
• Deep actuarial knowledge & an understanding of product pricing, underwriting and reinsurance.

LEADERSHIP SKILLS

• Create an extraordinary place to work and develop talent.
• Executing the TD leadership profiles and Framework that are outlined and defined as being part of our winning culture.
• A strong focus on developing and executing strategies that will result in profitable sales growth within our risk appetite.
• A focus on corporate governance and risk management within our business
• Strong communicator of the business that strives to have a positive employee work experience and committed to the growth and development of the team.
• Able to develop and nurture strong external and internal partnerships that will move the business forward.

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.

• Own the TDI L&H Product design and planning including existing and new Product Design and Development, Revenue/P&L/margin responsibility (projections and analysis for all Life, Health, and Credit Protection Products, focused on delivering profitable growth, earnings and volume growth
• Grow the L&H business: contribute to the development of strategic plans, business cases to create and modify product solutions to meet the insurance needs of clients.
• Maintain strong working relationships with internal partners including Cards product, Retail, Wealth, GI, Phone & Digital, to support the development of collaborative solutions to service current and future clients.
• Together with the L&H Distribution team, influence internal distribution and administrative partners to support on-going best execution and profitable sales growth.
• Leverage ONE TD, Affinity, PCA, GI and Wealth relationships to develop and enhance our products and channels to support growth.
• Support the execution oversight of approved strategic plans and business initiatives