# Data Scientist I (Quants) – Insurance Model Validation at TD Bank

TD Bank is hiring a Data Scientist I (Quants) – Insurance Model Validation in Toronto, Canada. Level rates it Little AI ●○○○; you can [apply on TD Bank](https://jobsbylevel.com/go/fad5b0ae-1139-45ed-bc84-bf808f8ea23b?utm_medium=ai-agent).

AI Level 1, AI centrality 30 out of 100. Toronto, Ontario.

## Details

- Company: [TD Bank](https://jobsbylevel.com/companies/td-bank)
- AI level: AI Level 1 (score 30 out of 100)
- Location: Toronto, Ontario
- Posted: October 29, 2026
- Apply: https://jobsbylevel.com/go/fad5b0ae-1139-45ed-bc84-bf808f8ea23b?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=data-scientist-i-quants-insurance-model-validation-at-td-bank-286c6a

## Description

Work Location: Toronto, Ontario, Canada Hours: 0 Line of Business: Analytics, Insights, & Artificial Intelligence Pay Details: $81,600 - $115,200 CAD 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: The Model Validation (MV) group in Enterprise Risk, Risk Management is responsible for the independent validation and approval of all analytical models used for TD. The position reports to Senior Manager, Insurance Model Validation. Detailed accountabilities include: Conduct validation independently for a variety of TDI insurance models Conduct validation testing and analysis for different FCRM models under Senior Manager or Manager supervision to support various business initiatives and regulators requirements. Have effective communication with different stakeholders from 1st line to discuss and solve model limitations / issues identified during the validation process. Deliver high quality model validation reports with adequate information and justification to support validation conclusions and Audit / regulator review / assessment of validation process and validation analysis. Maintain full professional knowledge of techniques and developments in actuarial methodology and ML/AI modeling for Insurance Develops different validation testing tools / programs to assess advanced AI / ML models Education & Experience: Post-secondary degree in one or more of the following areas: Actuarial science, Statistics, AI/ML, or financial engineering. Fellow or associate of the Society of Actuaries (FSA), Fellow or Associate of the Casualty Actuarial Society (ACAS), Fellow or Associate of the Canadian Institute of Actuaries (ACIA) In-depth knowledge of ML/AI modelling and proficient in programming languages & software for AI/ML modelling. 1+ Exp. in any top 10 Canadian P&C insurer regarding developing / validating a new pricing and rating solution with exposure in AI / ML modelling is an asset. Exp. in modeling / validating for multiple product lines (life and general insurance (auto/property)) for IFRS 17 liability / reserve, Stress testing, ORSA, CAT. Models is an asset undefined Excellent verbal and written communication skills Excellent time / project management and multitasking skills with minimal supervision. Customer Accountabilities: Works in a highly interactive, team-oriented environment with Big Data developers, and analytical experts Stays current on developments in techniques and developments in actuarial methodology and ML/AI modeling for Insurance Shareholder Accountabilities: Works closely with key stakeholders to conduct different validations in time to support different business initiatives Executes on the validation plan to deliver results aligned with enterprise model validation procedures and model risk policy Employee/Team Accountabilities: Shares knowledge, information, skills, and subject matter expertise among the team; Collaborates with other functions and teams to complete validation efficiently and in-time escalate identified issues. 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/data-scientist-i-quants-insurance-model-validation-at-td-bank-286c6a

Source: https://jobsbylevel.com/jobs/data-scientist-i-quants-insurance-model-validation-at-td-bank-286c6a

## Cite this page

Level. https://jobsbylevel.com/jobs/data-scientist-i-quants-insurance-model-validation-at-td-bank-286c6a.

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