Actuarial Analyst, Actuarial Services

1 day ago

Mississauga, Ontario, Canada Royal Bank of Canada> Full time
Job Summary

We are seeking a highly skilled Actuarial Analyst to join our team in Actuarial Services. As an Actuarial Analyst, you will play a critical role in providing support to our customers, primarily High Net Worth clients, regarding Life & Health Insurance policy values and policyholder taxation issues.

Key Responsibilities
  • 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
Requirements
  • BSc. in Mathematics, Finance, Actuarial or related fields with exposure in applying Information Technology disciplines and techniques, some actuarial exams
  • 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
  • Apply strong attention to detail in mathematical calculations
What We Offer
  • 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

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