2025 Winter - Grm, Actuarial Analyst Intern (8

**Job Summary** Provides technical analyses and support for the actuarial function or department. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments. **What is the opportunity?** The Actuarial Analyst working with the Product Portfolio team provides key technical actuarial assistance in completing and ensuring the integrity of RBCI’s Canadian Life & Health actuarial reporting requirements. Understand the relationship between the Business Units and Canadian Life & Health Actuarial with an emphasis on the Actuarial Aspects of reserving for Life & Health insurance products Utilize data to develop advanced analytical models that allow a greater understanding of the costs, benefits, risks and opportunities inherent in Life & Health insurance products. Learn how to use GGY AXIS software to perform reserve quantifications and assist in month end production. Develop knowledge and recommend improvements to actuarial valuation process and models. **What will you do?** Assist in IFRS17 valuation process and actuarial financial reporting Assist with identifying and implementing improvements to actuarial valuation processes. Develop and maintain statistical models of valuation data. Perform experience studies (Lapse, Mortality/Morbidity) and communicate results to management. Assist in Year-end reporting, process improvements and other ad-hoc requests. **What do you need to succeed?** **Must-have** Basic programming skills for GGY/Axis, SAS, R Ability to communicate effectively (both oral and written) with all "key relationships" Experience with Microsoft Word, Access, Excel, Powerpoint Pursuing a degree in mathematics/statistics/actuarial science or a related field AND successfully writing preliminary exams of the Society of Actuaries **Nice-to-have** Prior Co-op experience in similar roles. **What’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. - Network and build lasting relationships with students from diverse backgrounds from across Canada - Participate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balance - Leaders who support your development through coaching and learning opportunities - Work in a dynamic, collaborative, progressive and highly performing team - Ability to make a difference and lasting impact - Enjoy a comfortable work environment with the option to dress casually **Please note**: This posting is for a 8-months Winter 2025 Student placement with a start date of January 2025, and end date of August 2025. In order to be eligible for this 8-months Student position, you must either: - Be returning back to school after the work term end-date of August 2025 ; or - If you are not returning back to school (i.e. are graduating in August 2025), you must require the full 8-months work term as a mandatory component to in order to graduate successfully. ET25 **Job Skills** Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Taking Initiative **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**: Student/Coop (Fixed Term) **Pay Type**: Salaried **Posted Date**: 2024-09-03 **Application Deadline**: 2024-09-29 **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. **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.