Associate Director

**Job Summary** **What is the opportunity?** **What will you do?** - Performing IFRS17 month-end valuation for Traditional Life and Universal Life products, as well as perform Earnings by source analysis to explain key driver of results. - Contributing to IFRS17 actuarial financial reporting to ensure effective completion of all annual, quarterly, and monthly actuarial processes including Appointed Actuary Report. In addition, provide the business and other functional partners with implications of emerging financial results and related metrics for mortality, policyholder behavior, and core investment income etc., drivers. - Performing annual mortality and other experience studies and make recommendations to management for Traditional Life and Universal Life products. - Supervising product development, pricing, and reinsurance decisions for complex or high-impact products from an actuarial perspective. - Directing the use of actuary tools and models for ensuring actuary outcomes comply with established standards. - Working closely with the business and other functional partners on strategic projects and tactical actions - Show ability to lead team including talent development, providing guidance, and delegating resources/tasks to manage workload. **What do you need to succeed?** - Fellow of the Society of Actuaries and/or Canadian Institute of Actuaries or equivalent foreign designation. - 5 to 10 years of experience within the life (re)insurance industry. - Bachelor’s degree (or above) in Actuarial Science or related field with demonstrated record of academic excellence. - Working experience in IFRS17 is an asset. - Experience in Traditional Life and Universal Life product lines is an asset. - Sound Knowledge of life insurance standards of practice, reserving principles, insurance accounting under IFRS17, product design and administration, capital regime, and regulatory compliance guidelines. - Strong analytical and problem-solving skills, with the ability to be an innovative thinker and understand the "big picture". - High energy, results-oriented self-starter, and always challenge the status quo. - Ability to communicate clearly and concisely with both technical and non-technical audience. - Strong working knowledge on GGY AXIS. Experience with SQL is an asset. **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. - A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable - Leaders 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 - A world-class training program in financial services - Flexible work/life balance options - Opportunities to do challenging work **Job Skills** Actuarial Modeling, Actuarial Services, Coaching Others, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications **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**: 2025-01-14 **Application Deadline**: 2025-01-29 **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.