Job Summary
Job Description
What is the opportunity?
This role is accountable for reinsurance strategy and developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products.
This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for RBC Insurance Company.
What will you do?
The role will have a combination of the following responsibilities :
- Conduct profitability analysis and coordinate approvals for Life, Health and Wealth products’ special quotes
- Support pricing of Life, Health and Wealth insurance products, including Term, Universal Life, Disability, Critical Illness, Participating Whole Life, Payout Annuity, Segregated Fund
- Perform model vetting of the Life, Health and Wealth pricing models
- Provide the Pricing Actuary with analysis required to make business decisions
- Assist in reinsurance optimization and strategy
- Support inforce reinsurance opportunities
- Monitor the accelerated underwriting program
What will you need to succeed?
- Passed at least 4 SOA exams and actively pursuing the FSA / FCIA designation
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics
- At minimum 1 year of work experience in an actuarial role
- Excellent working knowledge of MS Excel, VBA and R is required
- Experience with Moody’s Analytics AXIS
- Ideal candidates have a strong desire to set and exceed challenging goals with high energy and a drive for superior results
- Successful candidates will demonstrate excellent communication skills with the ability to effectively influence others as well as present issues, options and recommendations to both technical and non-technical audiences
- Ability to work well in a team and individual
Special Conditions
Please note there are 2 contract positions available; 3 months and 12 months. Applicants receiving a prescreen will be considered for both contracts and will be asked if they have a preference.
What's in it for you?
- 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
MISSISSAUGA
Country : Canada
Canada
Work hours / week : 37.5
37.5
Employment Type : Full time
Full time
Platform : INSURANCE
INSURANCE
Job Type :
Contract (Fixed Term)
Pay Type : Salaried
Salaried
Posted Date : 2024-09-23
2024-09-23
Application Deadline :
2024-12-11
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 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .
Actuarial Assistant/Analyst, Product Actuarial – 12 month contract
Develop understanding of how the Product Actuarial team interacts with other Foresters departments such as Corporate Actuarial, Risk Management, Finance, Planning, Sales, IT, and Product Management. Contribute written content to product reports and continue to build knowledge and expertise in prepar...
Actuarial Analyst (Contract)
Actuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications. Bachelor’s Degree in Actuarial Science, Mathematics, Statistics. At minimum 1 year of work experience in an ...
Actuarial Analyst (6 month contract position)
Are you passionate about actuarial data analysis? We are looking for a motivated, enthusiastic, goal driven actuarial students to join our exciting team. As a temp Actuarial Analyst, your work will have a significant impact in supporting the L&H teams. Our local actuarial environment spans three bus...
Actuarial Analyst
Outlier helps the world’s most innovative companies improve their AI models by providing human feedback.Outlier is looking for talented .This freelance opportunity is remote and hours are flexible, so you can work whenever is best for you.You may contribute your expertise by….Assessing the factualit...
Senior Financial Analyst
Heidelberg Canada is a reliable and highly innovative partner to the printing industry.The Heidelberg brand has been synonymous with quality and future viability for more than 170 years.This means that we are a company with a long tradition, but at the same time we help define the future trends in o...
Data Entry Clerk (Remote) - No Experience Required
Data Entry Clerk Work From Home - Part Time Remote Focus Group Panelists. Data entry clerk experience is not necessary. If you are a data entry clerk or someone just looking for a flexible part time remote work from home job, this is a great way to supplement your income. No Data Entry experience ne...
Data and AI Analyst
The ideal candidate will have experience with both traditional data science techniques and emerging AI technologies and will also have a good understanding of data governance, data infrastructure, and associated tools that support scalable data-driven operations. We are seeking an experienced Data A...
data analyst - informatics and systems
Research and document data requirements, data collection and administration policy, and data access rules. Operate database management systems to analyze data. Collect data to identify areas for improvement within an organization's IT infrastructure. Develop and implement a strategic blueprint to fo...
Indigenous Student Legal Internship Program
At CPP Investments, we are committed to helping you grow your skills and gain world-class experience.We have leaders who listen to every member of the team and trust them with meaningful work.This translates into immediate and unparalleled learning.This program provides you access to a virtual class...
Administrative Assistant, DOE (Term, 60% FTE)
The Administrative Assistant, Dictionary of Old English (DOE) will report directly into the Manager, Centre for Medieval Studies, and will provide administrative support to the DOE research team. Minimum three years' recent and relevant experience in providing administrative support in a post-second...