Actuarial Analyst, Actuarial Services

2 months ago

Mississauga, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

Actuarial Services provides support to Customer Service, primarily High Net Worth clients regarding Life & Health Insurance policy values and policyholder taxation issues. You should be a strong mathematically oriented individual with the ability to work under tight deadlines to provide accurate and timely values to our clients.

**What will you do?**
- Provide calculated policy values for High Net Worth clients upon client request
- Provide policyholder taxation calculation for all Life policies
- Be a strong team member for testing of new products with respect to premium calculations, exempt test calculations, policy values
- Recognize issues on the Life administration systems and work with business specialists to resolve
- Respond daily to client requests and be able to prioritize importance in order to best serve our clients

**What will you need to succeed?**

Must have
- Minimum 1 to 2 years of experience within a testing discipline relating to product and pricing implementations
- Knowledge of MS Office products, primarily Excel
- Ability to work effectively and prioritize in a deadline oriented environment and communicate effectively (both oral and written) with all “key relationships”
- Ability to escalate issues and work to drive resolution

Nice to have
- ASA designation
- Ability to deal with ambiguity and flexibility to adapt to change
- Ability to work effectively with team within department and with other departments as project work dictates
- Knowledge of programming language APL is an asset
- Ability to problem solve and recognize opportunities for improvements in processes

**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**

Actuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications

**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**:
2024-09-10

**Application Deadline**:
2024-09-26

**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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