Actuarial Analyst, Financial Modeling, GRM, RBC Insurance

2 weeks ago


Mississauga, Canada RBC Full time
Job Summary

Reporting to the Associate Director, Financial modelling of GRMI (Group Risk Management – Insurance), the incumbent will gain exposure to the asset liability management framework. The role primarily support the team on asset modelling and the discount rate (DR) production process. The role also assists in the quantification of monthly ALM transactions and the implication to the DR process.

Job Description

What is the opportunity?

Reporting to the Associate Director, Financial modelling of GRMI (Group Risk Management – Insurance), the incumbent will gain exposure to the asset liability management framework. The role primarily support the team on asset modelling and the discount rate (DR) production process. The role also assists in the quantification of monthly ALM transactions and the implication to the DR process.

What will you do?

  • Assist in the monthly DR production and quantification of ALM trades in AXIS, including asset data checking and reconciliation in GGY AXIS.
  • Assist in annual economic assumption changes.
  • Provide support to internal/external teams for quarterly/annually reports such as LICAT, risk reports, AAR, materials for Board, etc.
  • Support the identification, development, and implementation of enhancements to existing DR process, methodologies and frameworks.

What will you need to succeed?

  • Bachelor’s degree (or above) majoring in Actuarial Science or Statistics with a minimum 3 SOA exams
  • Prior experience on GGY AXIS is required (especially AXIS datalink), excel VBA and R
  • ALM/Investment working experience and knowledge would be preferred but not required.
  • Strong problem solving and technical skills, be able to investigate issues and provide suggestions
  • Self-motivated and attention to details

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
  • Study program for pursuing the actuarial credential
  • 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

Reconciliations, Technical Analysis

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:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-11-22

Application Deadline:

2024-12-07

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion 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.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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

  • Mississauga, Canada RBC Full time

    Job Summary Reporting to the Associate Director, Financial modelling of GRMI (Group Risk Management Insurance), the incumbent will gain exposure to the asset liability management framework. The role primarily support the team on asset modelling and the discount rate (DR) production process. The role also assists in the quantification of monthly ALM...


  • Mississauga, Canada RBC Full time

    Job Summary Reporting to the Associate Director, Financial modelling of GRMI (Group Risk Management Insurance), the incumbent will gain exposure to the asset liability management framework. The role primarily support the team on asset modelling and the discount rate (DR) production process. The role also assists in the quantification of monthly ALM...


  • Mississauga, Canada Royal Bank of Canada Full time

    **Job Summary** Reporting to the Associate Director, Financial modelling of GRMI (Group Risk Management - Insurance), the incumbent will gain exposure to the asset liability management framework. The role primarily support the team on asset modelling and the discount rate (DR) production process. The role also assists in the quantification of monthly ALM...


  • Mississauga, Canada Royal Bank of Canada> Full time

    Job SummaryReporting to the Associate Director, Financial modelling of GRMI (Group Risk Management – Insurance), the incumbent will gain exposure to the asset liability management framework.  The role primarily support the team on asset modelling and the discount rate (DR) production process.  The role also assists in the quantification of monthly ALM...

  • Actuarial Analyst

    3 weeks ago


    Mississauga, Canada RBC Full time

    Job Summary Job Description What is the opportunity? This role is accountable for reinsurance strategy and developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly...

  • Actuarial Analyst

    3 weeks ago


    Mississauga, Canada RBC Full time

    Job SummaryJob Description What is the opportunity? This role is accountable for reinsurance strategy and developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly...


  • Mississauga, Canada RBC Full time

    Job Summary Job Description 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...


  • Mississauga, Canada RBC Full time

    Job SummaryJob Description 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...

  • Actuarial Analyst

    5 days ago


    Mississauga, Ontario, Canada RBC Capital Markets, LLC Full time

    We are seeking a highly motivated Actuarial Analyst to join our team at RBC Insurance. In this role, you will provide support in data analysis, risk management, and business development.Company OverviewRBC Capital Markets, LLC is one of the largest insurance companies within a Canadian bank and among the fastest growing insurance organizations in the...

  • Associate Director

    3 weeks ago


    Mississauga, Canada RBC Full time

    Job Summary Job Description What is the opportunity? This role is accountable for developing, pricing, monitoring, and preserving the integrity of the profitability of our Living Benefits products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for...

  • Associate Director

    3 weeks ago


    Mississauga, Canada RBC Full time

    Job SummaryJob Description What is the opportunity? This role is accountable for developing, pricing, monitoring, and preserving the integrity of the profitability of our Living Benefits products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for...

  • Actuarial Analyst

    3 months ago


    Mississauga, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** This role is accountable for reinsurance strategy and developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly...


  • Mississauga, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** The Associate Director will be responsible for leading the actuarial and risk management functions for the reinsurance product lines through timely and effective financial reporting, valuation of policy liabilities, and risk management. The role also involves mentoring and developing staff. **What will you...

  • Associate Director

    2 months ago


    Mississauga, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** This role is accountable for developing, pricing, monitoring, and preserving the integrity of the profitability of our Living Benefits products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for RBC...


  • 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...

  • Actuarial Analyst

    4 weeks ago


    Mississauga, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat is the opportunity?This role is accountable for reinsurance strategy and developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly...


  • Mississauga, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** **What will you do?** - Support and enhance the actuarial and risk management functions for the International business, with a focus on month-end valuation reporting. Other duties/workstreams include but are not limited to: mortality studies, in-force data updates, and actuarial modelling. - Work closely with...


  • Mississauga, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat is the opportunity? The Associate Director will be responsible for leading the actuarial and risk management functions for the reinsurance product lines through timely and effective financial reporting, valuation of policy liabilities, and risk management. The role also involves mentoring and developing staff.What will you...


  • Mississauga, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat 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...


  • Mississauga, Canada Insurance Maine Full time

    RBC's Insurance Data Management Office (IDMO) is looking for a Data Analyst to assist in reviewing and updating data classification for Insurance applications and systems. This role is crucial to ensuring the alignment with Enterprise Data Security Standards and involves partnering with IT and business stakeholders.In this role you can expect to have the...