Associate Director

4 days ago Be among the first 25 applicants 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. The role performs financial reporting on a monthly basis and supports the creation of the Appointed Actuary Report (AAR) every fiscal year. It 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. Job Description The Associate Director (Actuarial), Portfolio Manager, Annuities & Other Benefits oversees actuarial valuation, financial reporting, annual experience studies, and risk reviews for multiple portfolios, ensuring accurate and timely reporting to support strategic decision-making. What will you do? Lead an actuarial valuation team to produce results during every month‑end close period. Collaborate with Finance to design or fulfill the need to book manual journal entries. Improve and maintain the Earnings by Source statement to explain financial results. Improve and maintain the CSM rollforward for the respective portfolios. Conduct and complete annual experience studies to analyze portfolio experience emergence. Handle other ad‑hoc work 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 mutual success. 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: MISSISSAUGACity: MississaugaCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2025‑11‑12Application Deadline: 2025‑11‑27Applications will be accepted until 11:59 PM on the day prior to the application deadline. 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 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 #J-18808-Ljbffr