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Actuarial Associate

RBC25 days ago
Mississauga, ON
Mid Level
full_time

Top Benefits

Flexible benefits
Competitive pay
Work/life balance options

About the role

Job Description

What is the Opportunity?

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 will you do?

  • Create and maintain AXIS valuation models for all RBC Insurance lines of businesses
  • Review and investigate AXIS valuation models and other key actuarial processes to provide assurance of model appropriateness
  • Present results of quality assurance reviews to key stakeholders and/or management to enable corrective action where necessary
  • Provide support to internal and external auditors (as potential GRM-I liaison), under the guidance of the manager, during the department’s periodic internal and external audits
  • Assist with the model change management process and enterprise model risk policy that maintain valuation model integrity
  • Liaise with pricing, business, IT and other actuarial & non-actuarial areas within RBCI as needed
  • Involve with IFRS 17 modeling
  • Support projects such as actuarial modeling software conversion, system migration, new funds and so on.

What will you need to succeed?

Must-have:

  • Extensive working experience with GGY AXIS
  • Excellent written and oral communication skills
  • Strong technical and analytical skills, plus common insurance product knowledge
  • Expert user of Microsoft Word, Access, Excel and SQL
  • Minimum 2 years of actuarial insurance experience with demonstrated knowledge of professional standards of practice
  • Associate of the Society of Actuaries (ASA)

Nice-to-have:

  • Other programing knowledge, such as Python and R
  • Experience with life insurance administration systems

What’s in it for you?

  • A Total Rewards program that includes flexible benefits, work/life balance and career
  • Competitive pay and high-earning potential
  • All the tools, training, and team support you need to grow your career
  • Flexible work/life balance options
  • Sophisticated RBCI software tools to boost your productivity

Job Skills

Actuarial Modeling, Actuarial Services, 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:

2026-01-06

Application Deadline:

2026-01-21

Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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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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.

About RBC

Banking
10,000+

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.

http://rbc.com/legalstuff.

La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais

Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.

https://www.rbc.com/conditions-dutilisation/