Current jobs related to Reinsurance Initiatives Lead - Mississauga - RBC


  • Mississauga, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** This position is responsible for writing and analyzing ceded reinsurance treaties for RBC Insurance, including any treaty addendums. This position will collaborate closely with key stakeholders to optimize the administration and management of all reinsurance treaties, including managing any Letters of...


  • Mississauga, Ontario, Canada Royal Bank of Canada> Full time

    OverviewRoyal Bank of Canada is seeking a highly skilled Senior Actuarial Director to lead the actuarial and risk management functions for our life insurance reinsurance product lines. The ideal candidate will possess strong leadership skills, technical expertise in actuarial modeling, and experience in life retrocession and longevity reinsurance.Salary and...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job DescriptionWhat is the Opportunity?The Operations Effectiveness Manager is responsible for leading and executing projects and initiatives to drive the transformation of the Operations Effectiveness Operating Model. This includes a wide range of projects covering business growth, process reengineering, infrastructure renewal, and change management. The...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job DescriptionWhat is the Opportunity?The Operations Effectiveness Manager is responsible for leading and executing projects and initiatives to drive business growth and process improvement. This includes collaborating with Operations, Technology, Digital, and Data Insights Teams to capture requirements, streamline and automate processes, and deliver data...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job DescriptionWhat is the Opportunity?The Operations Effectiveness Manager is responsible for leading and executing projects and initiatives to drive business growth and process improvement. This includes collaborating with Operations, Technology, Digital, and Data Insights Teams to capture requirements, streamline and automate processes, and deliver data...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job DescriptionWhat is the Opportunity?The Operations Effectiveness Manager is responsible for leading and executing projects and initiatives to drive business growth and process improvement. This includes collaborating with Operations, Technology, Digital, and Data Insights Teams to capture requirements, streamline and automate processes, and deliver data...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job DescriptionWhat is the Opportunity?The Operations Effectiveness Manager is responsible for leading and executing projects and initiatives to drive business growth and process improvement. This includes collaborating with Operations, Technology, Digital, and Data Insights Teams to capture requirements, streamline and automate processes, and deliver data...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job Title: Operations Effectiveness ManagerJob Summary:The Operations Effectiveness Manager is responsible for leading transformation initiatives to drive business value and generate efficiencies. This role will collaborate closely with Operations, Technology, Digital, and Data Insights Teams to capture requirements, streamline and automate processes, and...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job Title: Operations Effectiveness ManagerJob Summary:The Operations Effectiveness Manager is responsible for leading and executing projects and initiatives to drive the transformation of the Operations Effectiveness Operating Model. This includes a wide range of projects covering business growth, process reengineering, infrastructure renewal, and change...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job Title: Director of Operational Excellence We are seeking an experienced Director of Operational Excellence to join our team at RBC Insurance Services Inc. This role is a key part of our organization, and we're looking for someone who can help drive business growth and efficiency through strategic initiatives and process improvements. The successful...


  • Mississauga, Ontario, Canada Citibank Full time

    About the TeamAt Citibank, we are committed to delivering a clearly articulated risk appetite that is connected to firm-wide processes and cascaded within the organization. Our team's book of work is constructed to strengthen our approach to risk management, ensuring a risk profile that is consistent with our defined risk appetite.About the RoleWe are...

  • Assistant Director

    5 months ago


    Mississauga, Canada L’Unique Full time

    Job Posting Title: Assistant Director - Physical Damage Status: Regular **Job Description**: This is an excellent opportunity for an enthusiastic and highly motivated self-starter with a desire to make a significant contribution to our Claims Department. This position will be responsible for the oversight and performance management of the Automobile...


  • Mississauga, Ontario, Canada Bank of Montreal Full time

    Strategic Initiatives ManagerJoin Bank of Montreal as a Strategic Initiatives Manager and drive business growth through effective project management and strategic planning.About the RoleWe are seeking a highly skilled and experienced Strategic Initiatives Manager to lead and manage complex projects from initiation to delivery. As a key member of our team,...


  • Mississauga, Ontario, Canada Bank of Montreal Full time

    Strategic Initiatives ManagerJoin Bank of Montreal as a Strategic Initiatives Manager and drive business growth through effective project management and strategic planning.About the RoleWe are seeking a highly skilled and experienced Strategic Initiatives Manager to lead and manage complex projects from initiation to delivery. As a key member of our team,...

  • Initiative manager

    2 months ago


    Mississauga, Canada Magellan Aerospace Corporation Full time

    p>Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. p>Position SummaryMagellan Aerospace, Corporate has an exciting opportunity for an HRIS Project Manager. The successful incumbent will have the opportunity to...


  • Mississauga, Ontario, Canada RBC Insurance Services Inc. Full time

    Job SummaryThe Manager, Operations Effectiveness is responsible for leading and executing projects and initiatives to drive business growth and process improvements. This role will collaborate closely with Operations, Technology, and Data Insights Teams to capture requirements, streamline processes, and deliver data insights.Key Responsibilities Work with...


  • Mississauga, Ontario, Canada BMO Full time

    Job SummaryWe are seeking a highly skilled Strategic Initiatives Manager to join our team at BMO. As a key member of our organization, you will be responsible for designing, developing, and implementing strategic projects that drive business growth and improvement.Key ResponsibilitiesProvide subject matter expertise in project management and strategic...


  • Mississauga, Ontario, Canada BMO Full time

    Job SummaryWe are seeking a highly skilled Strategic Initiatives Manager to join our team at BMO. As a key member of our organization, you will be responsible for designing, developing, and implementing strategic projects that drive business growth and improvement.Key ResponsibilitiesProvide subject matter expertise in project management and strategic...


  • Mississauga, Ontario, Canada Bank of Montreal Full time

    Strategic Initiatives ManagerLocation: CanadaJob Type: Full timeJob Requisition ID: R240026473Job Family Group: Strategy & ChangeWe are seeking a Strategic Initiatives Manager to join our team. The successful candidate will be responsible for designing, developing, and implementing strategic initiatives that drive business growth and improvement.The ideal...


  • Mississauga, Ontario, Canada SharkNinja Full time

    About the Role The Senior Marketing Leader for Canada will be responsible for developing and executing a comprehensive marketing strategy tailored to the Canadian market. This role requires a strategic thinker with a strong analytical mindset and a proven track record of leading performance-based marketing initiatives and driving measurable business...

Reinsurance Initiatives Lead

3 months ago


Mississauga, Canada RBC Full time

Job Summary

Job Description

What is the opportunity?

This position is responsible for transformation of the overall administration of the ceded reinsurance business for RBC Insurance, and leading projects, initiatives, and training programs to continuously improve the centre of excellence. This position will work closely with reinsurance administration analysts and key stakeholders to identify operational gaps, risks, and improvement opportunities, and collaborate with cross departmental teams to design, develop, test, and implement process and system changes to optimize the administration and management of the portfolio.

This position will also provide leadership and subject matter expertise to projects associated with the reinsurance portfolio, including but not limited to new product launches, new treaties and pricing changes, regulatory changes, system upgrades and implementation, automation and reporting initiatives.

What will you do?

  1. Work closely with the reinsurance administration team and analyze data from reinsurance systems to identify operational gaps, risks, and improvement opportunities. Lead projects and initiatives with cross departmental teams to design, develop, test, and implement process and system changes to optimize the reinsurance administration portfolio.
  2. Responsible for the development, documentation, and maintenance of operational guidelines and procedures to administer the ceded reinsurance business. Develop and implement training plans to ensure reinsurance administration team is cross-trained and enabled.
  3. Collaborate with risk partners, internal, and external audit to ensure processes and procedures are robust, and adequate controls are tested, documented, executed, and reviewed on an ongoing basis.
  4. Develop and maintain relationships with cross department teams (incl. underwriting, pricing, claims, finance, legal) and external reinsurers to understand end of end reinsurance lifecycle and support external projects.
  5. Support the overall administration of ceded reinsurance portfolio as required, which includes (but not limited to) the accurate and timely settlement of reinsurance payments and recoveries, accrual of unsettled premiums and recoveries, reserve adjustments, ensuring overall treaty compliance and per life retention, and escalations to underwriting and reinsurers to resolve complex issues.

What will you need to succeed?

Must have:

  1. Minimum 8 years’ experience in Insurance and Reinsurance Administration, and an in-depth knowledge of the industry, reinsurance treaties and contracts, insurance products, and related processes.
  2. Thorough understanding of reinsurance data, processes, and controls including administration, billing, claims, underwriting, valuation, accounting, retention management, treaty interpretation and compliance.
  3. Experience in process reengineering, mapping, and documentation. Familiar with operational risk management and concepts.
  4. Experience in leading projects and initiatives, and strong understanding of Agile and Waterfall project management methodologies.
  5. Experience with insurance system and data flow design, analysis, and implementation. Familiar with software development lifecycle.
  6. Strong communication and leadership skills, with the ability to communicate and present ideas across different levels of management and stakeholders.

Nice to have:

  1. Post secondary degree in business, actuarial science, finance, mathematics, or other relevant field of study.

What's in it for you?

  1. A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans.
  2. Competitive pay and high-earning potential.
  3. All the tools, training, and team support you need to grow your career.
  4. Flexible work/life balance options.
  5. Sophisticated RBCI software tools to boost your productivity.

Job Skills

Adaptability, Customer Service, Decision Making, Effectiveness Measurement, Insurance Operations, Process Management, Strategic Thinking, 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: 2024-08-15

Application Deadline: 2024-08-31

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.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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.

#J-18808-Ljbffr