Job Description

What is the opportunity?

You will be responsible for supporting actuarial and risk management functions for individual living benefits products.

What will you do?

Month-end Valuation and Reporting

Perform monthly valuation of living benefits liabilities under IFRS17 framework Prepare and validate fulfillment cashflow calculation, roll-forwards and reconciliations. Analyze results and provide clear explanation for key movement and trends Assist in preparing management reports and supporting audit and review process.

Experience Studies and Assumption Management

Conduct experience studies related to lapse, morbidity etc Analyze emerging experience to inform assumption setting and management decision Collaborate with modeling and pricing teams to ensure consistency of assumptions across functions.

Cross-functional Collaboration

Work with finance, risk and audit teams to ensure data accuracy and model transparency Provide actuarial insights for strategic initiatives and regulatory reporting

What do you need to succeed?

Must-have:

Bachelor's 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 3 or more actuarial exams is required Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture" High energy, results-oriented self-starter with the ability to achieve under tight deadlines in a rewarding and fast-paced environment Strong working experience with GGY AXIS and MS Excel Ability to communicate clearly and concisely with both technical and non-technical audiences

Nice-to-have:

Working experience with Power BI, R or Tableau Experience working with teams across different platforms Prior knowledge with living benefits products is an asset

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:

2025-11-10

Application Deadline:

2025-11-24

Note

:

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I

nclusion

and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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