Job Description

Job Summary Provides technical analyses and support for the actuarial function or department. Applies complete knowledge, skills, and practices to perform assignments.


















What is the opportunity? The successful incumbent will support IFRS 17 actuarial reporting, risk management, and process transformation for the reinsurance product lines. What will you do?

• Support actuarial financial reporting for the International product lines to ensure effective completion of annual, quarterly, and monthly actuarial processes
• Support analytical processes in explaining earnings and movements in insurance contract assets and liabilities, as well as investigating gaps between source data vs. automated system outputs.
• Support risk management functions, including hedge effectiveness assessment, Financial Condition Testing (FCT), sensitivity testing, and various risk reporting tasks.
• Contribute as needed to valuation model maintenance, in-force extract data updates, and annual experience studies.
• Assist in various actuarial projects as they arise.

Must-Have

• Bachelors degree (or above) majoring in Actuarial Science. Other relevant Majors (e.g. Business, Economics, Mathematics, or Statistics) are acceptable if accompanied with demonstrated knowledge of Actuarial concepts.
• Minimum 2 to 3 actuarial exams completed.
• Actuarial experience with demonstrated knowledge of professional standards of practice, the legislative environment and industry best-practices.
• Working experience and familiarity with Moodys AXIS system.
• Exceptional analytical and problem-solving skills, take initiatives and accountability in addressing issues in actuarial results by collaborating with relevant stakeholders.
• Ability to communicate clearly and concisely with both technical and non-technical audience.

Nice-to-Have:

• Working experience with R, Tableau, and SQL queries
• Knowledge of IFRS 17 requirements

What's in it for you?

• A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans.
• Competitive pay and high-earning potential
• All the tools, training, and team support you need to grow your career
• Flexible work/life balance options
• Sophisticated RBCI software tools to boost your productivity

Job Skills Actuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications Additional Job Details


















Address: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA


















City: MISSISSAUGA


















Country: Canada


















Work hours/week: 37.5


















Employment Type: Full time


















Platform: GROUP RISK MANAGEMENT


















Job Type: Regular


















Pay Type: Salaried


















Posted Date: 2024-05-17


















Application Deadline: 2024-05-25



































Inclusion and Equal Opportunity Employment At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.


















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