Job Summary Job Description What is the opportunity? The Actuarial Analyst is a member of the Process Improvement team within the broader Group Risk Management Insurance (GRMI) department. The candidate will contribute to the following: 1) Process Improvement initiatives - assessing and analyzing current state processes to recommend and implement robust and efficient automated solutions, with the goal of reducing GRMI's time spent on month end reporting 2) Technology Risk - data stewardship granting appropriate access permissions to department systems and data, assist with resolving LAN, SAN server problems when services are unexpectedly stressed or interrupted (server crashes, shrinkage of disk free-space) What will you do? Understand and assess current state processes within GRMI team and the broader Financial close process. Design and develop user friendly automated tools/processes, to streamline the month end reporting activities. Train team members on new processes. Identify data requirements, communicate technical issues to manager on a timely basis. Document methodology, process and issues following the documentation standards. When collaborating with IT on improvement initiatives, conduct User Acceptance Testing (UAT) by designing test cases, performing tests and documenting findings, investigating issues Support the Digital and Data Enablement sub-team as a backup working with different teams within GRMI and with IT partners to oversee, monitor and coordinate department technology resources to meet users and key stakeholders' needs, satisfy audit requirements Collaborate with other Insurance teams (IT, Finance) to coordinate project deliverables Foster innovation and promote diversity of thought, bring forward fresh perspectives, constructively challenge the status quo to generate new ideas and opportunities Must-have: Bachelor’s degree majoring in Actuarial Science, or other relevant Majors (e.g. Mathematics, Statistics, Computer Science, Business, Economics) Expert user of Microsoft Excel and Power Query, knowledge and work experience with programming language, including but not limited to Python, SQL, R, VBA. Experience using analysis tools (Tableau, QlikView, PowerBI) Initiative - an independent thinker with a proven track record in strong collaboration, analysis, investigation skills, working with software and system environments Strong oral and written communication skills, as well as the ability to deal with ambiguity and flexibility to adapt to change Ability and willingness to partner effectively with other actuarial leaders, as well as with leaders of other functional areas Nice to have: Knowledge of a broad area of Insurance expertise (by product and by function) gained through 4+ years of direct or indirect related work experience and training Knowledge of IFRS 17 Standard and implications to insurance companies Experience working with Moody's AXIS Actuarial software including EnterpriseLink and GridLink and related system environment What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team A world-class training program in financial services Flexible work/life balance options Opportunities to do challenging work #LI-Hybrid #LI-POST Job Skills Actuarial Modeling, Actuarial Services, Collaboration, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Power Query, Programming Languages, Python (Programming Language), Risk Analysis Management, Risk Management, System Applications, Written Communication 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: 2025-05-30 Application Deadline: 2025-06-14 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion 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. 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.? We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
