Actuarial Analyst

2 months ago


Mississauga, 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**

Actuarial Analyst

**What is the opportunity?**

This position has the responsibility for providing technical support in the pricing model development for Request For Quotation (RFQ) for the Pension & Longevity Solutions International Reinsurance team, providing recommendations to RBC Insurance Company Ltd (RBCICL) on the accuracy and risk assessment for International Pension Derisking Longevity Reinsurance products. The position requires strong knowledge of Moody Analytics software Axis (Annuity module) and Datalink, provide analytic support for the completion of the pricing documentation, scenario testing for new business opportunities, and developing capabilities assessment, documentation and presentation of Pension Derisking mortality experience studies.

**What will you do?**
- Analyze, model, and quantify potential risks associated with the RFQ for International Longevity Reinsurance Axis model development
- Develop the pricing model or mortality experience studies, providing documented recommendations to internal stakeholders and RBCICL

**What will you need to succeed?**

Must Have
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Finance or Accounting, completion of a minimum of 3 actuarial exams, and actively pursuing an ASA/ACIA designation
- 1 to 2 years of actuarial industry experience in either a pricing, product development or valuation role
- Effective time management skills
- Strong written and verbal communication skills

Nice To Have
- Working experience with R languages, Tableau, and SAS.
- Knowledge of Pension Derisking Group Annuity is a definite asset.

**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**:
Contract (Fixed Term)

**Pay Type**:
Salaried

**Posted Date**:
2023-01-17-08:00

**Application Deadline**:
2023-01-31-08:00

**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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