Job Description What is the opportunity? Reporting to the team leader of GRMI (Group Risk Management – Insurance), the incumbent will be responsible for end-to-end management of portfolio valuation and analysis for RBC Insurance's insurance products, with an emphasis on Traditional and Universal Life Products. What will you do? You will support and enhance annual experience study, gather and analyze study data using R, interpret emerging results using Tableau, and propose new assumptions for valuation and actionable items for the business. Comply with SoX controls and EUC requirements You will support and enhance IFRS17 actuarial financial reporting including but not limited to: Month-end/Quarter-end process, AA Report, and income forecast. In addition, provide the business with implications of emerging financial results and related metrics, particularly earning by sources (EBS), mortality, morbidity, lapse, capital impact, etc. You will work closely with the business and other functional partners on strategic projects and tactical actions, and assist these areas in achieving their goals. You will support risk governance and oversight, support annual update of risk appetite and delegated authority, and ensure top and emerging risks remain within risk appetite through frequent monitoring. You will support regulatory changes, projects, adhoc requests which may arise What will you need to succeed? Must-Have Bachelor’s degree (or above) majoring in Actuarial Science or Statistics with a minimum of 3 SOA exams Working experience with GGY AXIS, SQL, R languages and Tableau• Actuarial / insurance experience with demonstrated knowledge of professional standards of practice, the legislative environment and industry best-practices 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 Nice-to-Have: Working experience with Python Minimum 1 to 2 years of relevant actuarial experience Experience with deep-dive analytics, predictive modelling or artificial intelligence. Familiar with data mining, statistical modeling, and machine learning Ability to communicate clearly and concisely with both technical and non-technical audience 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 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, Actuarial Services, Analytical Thinking, Business, Communication, Critical Thinking, Deadline Management, End to End Management, Group Problem Solving, Industry Knowledge, Insurance Finance and Actuarial Concepts, Investments, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Governance, Risk Management, System Applications, Team Support 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: 2025-08-13 Application Deadline: 2025-08-28 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.
