Director, Alm Liability Modeling and Risk Analytics

**Job Summary**

**What is the Opportunity?**

**What will you do?**
- Lead the development, enhancement, and validation of efficient liability cash flows projection models in the need of timely ALM. Measure and explain the liability impacts due to changes of interest rates, credit spreads, inflation and FX to support timely investment decisions and risk management.
- Collaborate with Actuarial, Investments, and Finance teams to align modeling assumptions and financial impacts with the company’s broader ALM objectives.
- Integrate liability projections with asset and macroeconomic scenarios to support net investment income forecasting and ALM positioning.
- Contribute to capital management initiatives by providing analytics to optimize internal and regulatory capital usage while maintaining stability in earnings.
- Prepare clear and actionable Investment risk management information for Investment Committee.
- Identify and implement opportunities to enhance modeling processes, improve efficiency, and strengthen governance within data analytics.

**What do you need to succeed?**

**Must-have**
- Experience with AXIS modeling to design, develop, validate and explain modeling results for liability cashflow and sensitivity analysis.
- Strong knowledge of ALM concepts and the resulting impacts in the IFRS17 measurement and reporting for life insurance company.
- Understanding of Canadian insurance products (e.g., UL, annuities, participating life) and their liability dynamics.
- Familiarity with insurance capital management frameworks.
- Strong communication skills and critical thinking to identify and translate business requirements into measurement approach to provide actionable insights for ALM and investment strategies.

**Nice-to-have**
- Programing experience in Python and R.
- Knowledge of derivative hedging programs and their interaction with liability cashflows.
- Experience with risk management system such as Risk Watch.

**What’s in it for you?**
- A Total Rewards program that includes competitive pay, 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 business and career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity and grow your business

RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values - including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives - so you can focus on what you can do best - putting clients first.

**Job Skills**

**Additional Job Details**

**Address**:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
INSURANCE

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2025-07-11

**Application Deadline**:
2025-07-25

**I**nclusion** and Equal Opportunity Employment**

At 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.

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