Talent.com
Actuarial Analyst

Actuarial Analyst

Royal Bank of Canada>MISSISSAUGA, Canada
4 days ago
Job type
  • Full-time
Job description

Job Summary

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

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?

  • Minimum 1 year of work experience in an actuarial role
  • Passed at least 4 SOA exams and actively pursuing the FSA / FCIA designation
  • Bachelor’s Degree in Actuarial Science, Mathematics, Statistics
  • Excellent working knowledge of MS Excel, VBA and R is required; experience with Moody’s Analytics AXIS
  • A strong desire to set and exceed challenging goals with high energy and a drive for superior results
  • Must have 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

    • 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 : INSURANCE

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2025-03-10

    Application Deadline :

    2025-03-15

    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 .

    Create a job alert for this search

    Analyst • MISSISSAUGA, Canada