Job Summary RBC Insurance, through its operating entities, provides a wide range of travel, life, health, home, auto, wealth and insurance products and solutions. Also, it offers creditor and business reinsurance services to both individual and group clients. We are one of the largest insurance companies within a Canadian bank and among the fastest growing insurance organizations in the country. RBC Insurance employs more than 3,200 employees around the globe and is the brand name for the insurance operating entities of Royal Bank of Canada. Job Description Your application will be reviewed for consideration across multiple positions with responsibilities aligned to those described in this job posting. What is the opportunity? As an Actuarial Analyst, you will provide support to RBC Insurance’s Pension & Longevity Solutions Line of Business. You will be part of a very inclusive team that works cohesively together, which is integral to the success of this exciting growing line of business. In this role, you will apply experience and working knowledge to perform a combination of routine tasks and operational assignments. What will you do? Learn, influence, and innovate end to end aspects of the business ranging from sales and marketing to pricing and negotiations. This role will provide exposure to all areas of business. Creating pricing and reinsurance models for complex and high-impact products from an actuarial perspective including asset strategy discussions with RBC Insurance Investment team and liability cash flow management with RBC Risk Management. Develop the ability to liaise and negotiate with plan sponsors and their consultants with the goal of maintaining RBC's strong partnerships. Assist in validation of key assumptions, gathering and applying market competition, and using business insights to identify trends/opportunities. Provide support to operations team to ensure proper administration of placed deals and collaboration with RBC legal counsel on contract wording, business procedures and policy terms. What do you need to succeed? Must have Knowledge of MS Word, Excel, Access and Outlook Solid technical and analytical skills with strong problem-solving ability Strong written and verbal communication skills Highly motivated self-starter and team player Nice to have Actuarial exposure/background Previous experience with Moody’s/GGY AXIS and Datalink Knowledge of the Pension Risk Transfer market and/or IFRS17 is a definite asset Predictive analytics and Tableau knowledge Knowledge of current longevity trends French speaking would be an asset Please note: In order to be eligible for these student positions, you must either: Be returning back to school after the work term end-date; or If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully 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. 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 Flexible work/life balance options RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first. Job Skills Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative 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: Student/Coop (Fixed Term) Pay Type: Salaried Posted Date: 2025-04-25 Application Deadline: 2025-05-31 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.
