Associate Director, Actuary

Job Description

What is the Opportunity?

The Associate Director - Living Benefits Inforce Management will lead in analyzing, evaluating and improving EBS reporting under IFRS17 valuation process for Living Benefits portfolio, include products such as Individual Disability Insurance, Group Insurance, and Travel Insurance. Other responsibilities may include working on special projects to improve profitability of the Living Benefits portfolio; and support in experience studies as needed. The role offers high visibility and the opportunity to work closely with senior leadership to shape future direction and priorities.

What will you do?

• Understanding IFRS17 financial reporting process for all products under living benefits, identifying areas of improvements and participate in projects to improve efficiency /better understanding of EBS results

• Lead other projects including experience studies, special quotes/projects supporting living benefits portfolio

• Directing the use of actuary tools and models for ensuring actuary outcomes comply with established standards.

• Other ad-hoc related work as support of regulator filings; audit requests; as well as other assigned by various stakeholders

What do you need to succeed?

Must-have:

• Familiarity with insurance product modeling, pricing, or IFRS17 valuation

• Excellent written and verbal communication skills to convey technical results to non-technical audiences

• Proven ability to collaborate in a team environment and manage competing priorities

• Undergraduate degree in Actuarial Science or a related discipline

• Proficiency in one or more Languages/Technologies like Python, SQL, SAS, R, VBA, Tableau.

• Fellow of Society of Actuaries (FSA) or close to FSA exam progress.

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

• Opportunities to do challenging work

• Opportunities to build close relationships with clients

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#TECHPJ

Job Skills

Actuarial Modeling, Actuarial Services, Coaching Others, Customer Success, Industry Knowledge, Insurance Finance and Actuarial Concepts, 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:

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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 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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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.

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