Job Description What is the opportunity? The Associate Director (Actuarial), Portfolio Manager, Annuities & Other Benefits leads the valuation team of Group Annuity (Pension Risk Transfer) portfolio and Individual Annuity portfolio as well as the portfolio of other benefits to perform financial reporting on monthly basis and support the creation of Appointed Actuary Report (AAR) every fiscal year. This role also leads the annual experience studies regarding its portfolios and supports the risk review of Group Annuity deal quotes. The role offers high visibility and the opportunity to work closely with senior leadership to shape future direction and priorities. What will you do? Lead an actuarial valuation team to perform the production of results during every month-end close period. Collaborate with Finance team to design or fulfill the need to book manual journal entries. Improve and maintain the Earnings by Source statement to help explain financial results. Improve and maintain the CSM rollforward for the respective portfolios. Conduct and complete the annual experience studies to analyze the experience emergence of respective portfolios. Other ad-hoc related work as assigned by various stakeholders. What will you need to succeed? Must-have: Familiarity with insurance product modeling, pricing, or valuation Excellent written and verbal communication skills to convey technical results to non-technical audiences Proven ability to collaborate in a team environment and manage competing priorities Undergraduate degree in Actuarial Science or a related discipline Nice-to-have: Fellow of Society of Actuaries (FSA) or close to FSA exam progress. Experience with GGY AXIS What's in it for you? We thrive on the challenge to be our best, thinking progressively 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 Actuarial study program Sophisticated RBCI software tools to boost your productivity Job Skills Actuarial Modeling, Actuarial Science, Actuarial Valuation, Insurance Finance and Actuarial Concepts 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: 2025-11-12 Application Deadline: 2025-11-27 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.
