Process Owner, New Business Operations

1 week ago

Mississauga, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

As a leader in the new Operational Excellence team in Insurance, you will oversee and manage all business processes related to Individual New Business and Underwriting, ensuring efficiency, quality, and continuous improvement. You will lead a small team and collaborate with various key partners within the Client Acquisition & Service team and across Insurance with the goal of achieving operational excellence. As someone with a strong bias for action, you will leverage your keen attention to detail, communication, problem solving to continuously improve both client and employee experience, increase efficiency, and reduce waste in Individual New Business and Underwriting.

**What will you do?**
- Proactively drive the continuous improvement of processes to meet efficiency targets in the pursuit of Operational Excellence
- Identify existing process gaps, analyze to determine business benefits, and create/execute on a roadmap of opportunities to drive process efficiencies and improve both client and employee experience
- Maintain a deep and current understanding of the Individual New Business and Underwriting area’s baseline performance against established metrics and collaborate with Individual New Business and Underwriting operations leaders to achieve performance goals
- Lead the creation and maintenance of detailed process documentation and have decision-making authority over implementation of all process changes for Individual New Business and Underwriting
- Provide oversight and direction on process and productivity impacts and considerations to strategic partners regarding the delivery and implementation of new initiatives for Individual New Business and Underwriting
- Develop strong collaboration routines with key cross-functional partners (ie. Individual New Business and Underwriting leaders, Digital & Data team, Vendor Management) to maintain alignment on short and long-term goals and ensure success in Achieving Operational Excellence
- Maximize employee efficiency and productivity through coaching team towards transformational thinking and drive to impact, creating an atmosphere of high performance where work is prioritized for greatest impact

**What will you need to succeed?**

Must-have
- Post-secondary education
- Minimum 7 to 10 years of experience as a leader in operations / operational support, process design/management or strategic business implementation
- A growth mindset, bias for action and focus on continuous improvement and efficiency
- Proven track record of leading and driving change through problem solving, impact and influence
- Excellent communication skills and keen attention to detail

Nice-to-have
- Masters Degree (MBA)
- Lean Six Sigma Training and Certification
- Experience working in client-facing operations
- Experience working with technology/systems used in Operations

**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 career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity

**Job Skills**

Agile Methodology, Business Case Development, Communication, Critical Thinking, Decision Making, Lean Process Design, Process Change Management, Strategic Thinking

**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**:
2024-03-22

**Application Deadline**:
2024-04-06

**I**nclusion** 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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