Summer 2023- Insurance-associate Business Specialist

1 week ago

Mississauga, Ontario, Canada Royal Bank of Canada Full time

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.


Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.


Job Title
Summer 2023- Insurance-Associate Business Specialist

Please note:

This posting is for a 4-month Student Summer 2023 placement with a start date of May 2023, and end-date of August 2023.

In order to be eligible for this 4-month Student position, you must either:

  • Be returning to school after the work term enddate of August 2023; or
  • If you are not returning back to school (i.e. are graduating in August 2023), you must require the work term as a mandatory component to in order to graduate successfully.

What is the opportunity?


Reinsurance Operations has an opportunity for a Reinsurance Analyst summer student to perform various tasks to support and enhance the effective administration of the business.


What will you do?

  • Learn the fundamentals of reinsurance and how it is used to protect RBC's insurance business.
  • Lead a reorganization project to more efficiently manage the department's online and physical storage capacities.
  • Ensure online reinsurance contracts (i.e. treaties) in the Treaty Reinsurance Information Portal (TRIP) system are complete and accurate.
  • Review new treaty and amendment documents and identify potential risks and opportunities.
  • Review eligible treaties for costsaving opportunities through data analysis.
  • Convert current process documentation to new format for online storage in Policy & Procedures Library (PPL).
  • Support daytoday processing on the ceded reinsurance administration system (TAI) as needed.

What do you need to succeed?

Must Have:

  • Currently enrolled at a Canadian postsecondary institution with a focus in business, commerce, or an equivalent.
  • Excellent interpersonal and highly developed communication skills (verbal and written).
  • Creative and analytical thinker who is selfdriven and capable of working in a fast paced environment.
  • Strong MS Office skills
  • Word, Outlook, Excel and PowerPoint.

Nice to have:

  • Capability to manage multiple priorities across a number of assignments and prioritize effectively.
  • Motivated and analytical, with strong achievement orientation and attention to detail.
  • Understanding of Insurance and/or reinsurance.

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.


  • Network and build lasting relationships with students from diverse backgrounds from across Canada
  • Participate in fun events and gamification challenges to help build your career tool kit while enjoying a worklife balance
  • Leaders who support your development through coaching and learning opportunities
  • Work in a dynamic, collaborative, progressive and highly performing team
  • Ability to make a difference and lasting impact
  • Enjoy a comfortable work environment with the option to dress casually

Job Summary

Address:

MISSISSAUGA, Ontario, Canada

City:

CAN-ON-MISSISSAUGA

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Insurance

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion
and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth.

We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.


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