Job Description What is the Opportunity? Provides technical analyses and support for the actuarial function or department. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments. What will you do? Preparing, distributing and helping interpret actuarial or financial reports for internal and external use. Participating in projects involving product development, reserving and reinsurance issues. Gathering and analyzing relevant data from a variety of sources using multiple actuarial tools and techniques. Lead and perform actuarial valuations, financial reporting, and analysis of insurance liabilities under IFRS 17 and other reporting frameworks. Review model outputs, investigate variances, and communicate insights to senior management. Support the development and implementation of new methodologies, assumptions, and controls. Collaborate cross-functionally with Finance, Risk, and Data teams to ensure accuracy and consistency of results. Contribute to process improvement and automation initiatives within the actuarial reporting framework. Provide guidance, training, and day-to-day support to junior actuarial staff, reviewing their work and helping to develop their technical and analytical skills. Prepare management reports and present key findings in a clear and actionable manner. What do you need to succeed? Must-have: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, and actively writing SOA/CIA exams ASA/ACIA Designation, with minimum 3-5 years of relevant work experience with strong understanding of life and health insurance products Successful candidates will demonstrate 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 Knowledge of regulatory frameworks and financial reporting standards, such as IFRS 17, and LICAT Familiarity with actuarial valuation, pricing methodologies, and insurance assumptions Nice to have: Proficiency in MS Excel, programming languages (e.g., VBA, Python, R, SQL), actuarial modeling software (e.g., Moody AXIS), and data analytics/visualization tools (e.g., Tableau) 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 business and career Flexible work/life balance options Sophisticated RBCI software tools to boost your productivity and grow your business Job Skills Actuarial Modeling, Actuarial Services, Critical Thinking, Data Analytics, Industry Knowledge, Insurance Finance and Actuarial Concepts, Microsoft Access VBA, Microsoft Excel, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, Structured Query Language (SQL), Structured Query Language (SQL) Development, 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: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-10-31 Application Deadline: 2025-11-17 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.
