Top Benefits
About the role
Job Description
What is the opportunity?
GRMI is hiring an actuarial analyst that supports actuaries in analyzing financial risk including month-end reporting and experience study. They assist with data collection, risk assessment, and financial modeling, contributing to tasks like calculating insurance premiums, analyzing statistical trends, and preparing reports. Interns gain practical experience, learn industry tools, and develop a deeper understanding of actuarial concepts.
What will you do?
- Data Analysis and Management: Interns gather, clean, and analyze data from various sources, often using tools like Excel, R, SQL, or Axis.
- Risk Assessment: They help assess potential risks and uncertainties associated with insurance products or financial instruments.
- Financial Modeling: Interns may assist in building and maintaining mathematical models to predict future financial outcomes and evaluate risk.
- Report Preparation: They prepare reports summarizing their findings and analyses for review by senior actuaries.
- Communication and Collaboration: Interns collaborate with project teams and communicate their findings to stakeholders, potentially including underwriting or other departments.
What do you need to succeed?
Must-Haves:
- Analytical and Mathematical Proficiency: Strong aptitude for mathematics, statistics, and data analysis.
- Communication Skills**:** Ability to effectively communicate findings, both verbally and in writing.
- Organizational Skills: Ability to manage tasks, prioritize work, and meet deadlines.
- Technical Skills: Moody's Axis, Proficiency in Microsoft Excel, potentially other software like SQL or R, and familiarity with actuarial concepts and methodologies.
- Attention to Detail: Accuracy and meticulousness in data handling and analysis.
Nice-to-Haves:
- Minimum 1 to 2 years of relevant actuarial experience
- 3 SOA Exams.
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 Total Rewards program that includes 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 career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity
Job Skills
Actuarial Modeling, Critical Thinking, 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:
2025-09-03
Application Deadline:
2025-09-17
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.
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.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
About RBC
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.
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.
Top Benefits
About the role
Job Description
What is the opportunity?
GRMI is hiring an actuarial analyst that supports actuaries in analyzing financial risk including month-end reporting and experience study. They assist with data collection, risk assessment, and financial modeling, contributing to tasks like calculating insurance premiums, analyzing statistical trends, and preparing reports. Interns gain practical experience, learn industry tools, and develop a deeper understanding of actuarial concepts.
What will you do?
- Data Analysis and Management: Interns gather, clean, and analyze data from various sources, often using tools like Excel, R, SQL, or Axis.
- Risk Assessment: They help assess potential risks and uncertainties associated with insurance products or financial instruments.
- Financial Modeling: Interns may assist in building and maintaining mathematical models to predict future financial outcomes and evaluate risk.
- Report Preparation: They prepare reports summarizing their findings and analyses for review by senior actuaries.
- Communication and Collaboration: Interns collaborate with project teams and communicate their findings to stakeholders, potentially including underwriting or other departments.
What do you need to succeed?
Must-Haves:
- Analytical and Mathematical Proficiency: Strong aptitude for mathematics, statistics, and data analysis.
- Communication Skills**:** Ability to effectively communicate findings, both verbally and in writing.
- Organizational Skills: Ability to manage tasks, prioritize work, and meet deadlines.
- Technical Skills: Moody's Axis, Proficiency in Microsoft Excel, potentially other software like SQL or R, and familiarity with actuarial concepts and methodologies.
- Attention to Detail: Accuracy and meticulousness in data handling and analysis.
Nice-to-Haves:
- Minimum 1 to 2 years of relevant actuarial experience
- 3 SOA Exams.
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 Total Rewards program that includes 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 career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity
Job Skills
Actuarial Modeling, Critical Thinking, 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:
2025-09-03
Application Deadline:
2025-09-17
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.
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.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
About RBC
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.
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.