Job Description APPLICATION DEADLINE: OCTOBER 3, 2025 THIS ROLE IS LOCATED IN CAYMAN ISLANDS AND THE SUCCESSFUL CANDIDATE WILL REQUIRE A WORK PERMIT WHICH THE BANK WILL ASSIST WITH ALONG WITH RELOCATION EXPENSES What is the opportunity? This is a multi-disciplinary financial position that has leadership and accountability for financial reporting (both management and external), controls, compliance with Sarbanes-Oxley (SOX) financial oversight, cash and foreign exchange monitoring and management, payment approvals, collateral and liquidity management, planning and forecasting, oversight of investments and capital management. This role also has interaction with internal audit, external audit, rating agencies (AM Best and Standard & Poors), regulators and insurance counterparties and includes participation in a number of management committees (Investment Committee and Board meetings). The controller is an officer of Royal Bank of Canada Insurance Company Ltd. - Cayman (RBCICL) and also involves financial oversight for RBC (Barbados) Services Company Ltd. What will you do? Responsible and accountable for the daily financial operations including accurate and timely monthly, quarterly and annual financial analysis and reporting Preparation for and compliance with periodic internal audits of accounting processes and controls and annual external financial statement audits and shareholder financial statements Regular communications with business managers, RBCI risk management, RBCI Finance and RBC Tax group on financial issues and regulatory/statutory issues Responsible and accountable for financial reporting at RBCICL Board meetings including preparation and analysis of results, dividends calculations and preparation of related Board materials Approve payments (wires and investments) and review account reconciliations and group head sign off on PEGA Accountable as contact for communication, including formal face-to-face meetings with AM Best and Standard & Poor’s in their annual reviews and preparation of capital models and information returns Manages operating cash flows and financial operations Working within RBC Insurance and RBC Financial Group guidelines, develops and maintains a strong reinsurance finance infrastructure providing efficient and effective accounting processes policies and controls Responsible for the timely and accurate financial analysis including budgeting and forecasting Detailed monitoring and analysis of actual results including issue resolution and communication of results and operating issues What do you need to succeed? Must-have Bachelor’s Degree or equivalent in Business/Finance/Accounting Recognised Professional Accounting Designation (CPA, CA) or equivalent 7-10 years’ work experience in financial reporting, planning and forecasting Extensive reinsurance industry knowledge and experience, preferably at the international level Strong understanding of insurance products and knowledge of IFRS including IFRS17 Superior written and verbal communication skills and related experience essential to work effectively internally at all levels across a large and diverse organization and externally with influential rating agencies and regulatory and tax authorities 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 competitive compensation and flexible benefits Leaders who support your development through coaching and managing opportunities A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded Job Skills Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time Management 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: 2025-06-05 Application Deadline: 2025-10-04 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.
