Actuarial Analyst

Job Description What is the opportunity?You will be responsible for supporting actuarial and risk management functions for individual living benefits products.What will you do?Month-end Valuation and ReportingPerform monthly valuation of living benefits liabilities under IFRS17 frameworkPrepare and validate fulfillment cashflow calculation, roll-forwards and reconciliations.Analyze results and provide clear explanation for key movement and trendsAssist in preparing management reports and supporting audit and review process.Experience Studies and Assumption ManagementConduct experience studies related to lapse, morbidity etcAnalyze emerging experience to inform assumption setting and management decisionCollaborate with modeling and pricing teams to ensure consistency of assumptions across functions.Cross-functional Collaboration Work with finance, risk and audit teams to ensure data accuracy and model transparencyProvide actuarial insights for strategic initiatives and regulatory reportingWhat do you need to succeed?Must-have:Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant Majors (e.g. Business, Economics, Mathematics, or Statistics) are acceptable if accompanied with demonstrated knowledge of Actuarial concepts3 or more actuarial exams is requiredStrong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture"High energy, results-oriented self-starter with the ability to achieve under tight deadlines in a rewarding and fast-paced environmentStrong working experience with GGY AXIS and MS ExcelAbility to communicate clearly and concisely with both technical and non-technical audiencesNice-to-have: Working experience with Power BI, R or TableauExperience working with teams across different platformsPrior knowledge with living benefits products is an assetWhat’s in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.A comprehensive Total Rewards Program include competitive compensation and flexible benefitsLeaders who support your development through coaching and managing opportunities.Ability to make a difference and lasting impact.Work in a dynamic, collaborative, progressive, and high-performing team.Opportunities to do challenging work.Opportunities to build close relationships with clients.You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:Drives RBC’s high-performance cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value#LI – POSTJob SkillsActuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System ApplicationsAdditional Job DetailsAddress:MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity:MississaugaCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2026-01-28Application Deadline:2026-02-28Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay 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.RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.