Actuarial Associate - Living Benefits GRMI

Mississauga, ON
On-site
Posted Oct 15, 2026
1 position

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Employment type: Full-time
Experience level: Mid-level · 2+ years
Minimum education: Bachelor’s degree
Posting language: English
Working hours: 38 hours per week
Seniority: Not Applicable

Job summary

Support actuarial and risk management functions for individual living benefits products, including month-end valuation and reporting, experience studies, and actuarial modeling. Collaborate on strategic and regulatory initiatives, prepare and interpret reports, analyze data, and contribute to product development, pricing, reserving, and reinsurance projects.

Job details

Job Description What is your opportunity? The Actuarial Associate will be responsible for supporting actuarial and risk management functions for individual living benefit products. What will you do? Supporting and enhancing the actuarial and risk management functions for individual living benefits products including Disability, Critical illness, Long term Care products. This includes support for month-end valuation and reporting, experience studies and actuarial modelling. Working with the business and other functional partners on strategic projects and tactical actions, and assisting these areas in achieving their goals Support regulatory changes, for example, IFRS 17 enhancements. Preparing, distributing and helping interpret actuarial or financial reports for internal and external use. Participating in projects involving product development, pricing, reserving and reinsurance issues. Gathering and analyzing relevant data from a variety of sources using multiple actuarial tools and techniques. Assisting in implementing policies and practices for the design and pricing of insurance financial products. What will you need to succeed? Must Have: Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant Majors (e.g. Business, Economics, Mathematics, or Statistics) are acceptable if accompanied with demonstrated knowledge of Actuarial concepts ASA with 6 or more actuarial exams is required Actuarial/insurance experience of 3 or more years with demonstrated knowledge of professional standards of practice, the legislative environment and industry best-practices 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 with the ability to achieve under tight deadlines in a rewarding and fast-paced environment Strong working experience with GGY AXIS and MS Excel Ability to communicate clearly and concisely with both technical and non-technical audiences Nice-to-Have: Working experience with Power BI, R or Tableau Experience working with teams across different platforms What's in it for you? 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, 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: 2026-10-14 Application Deadline: 2026-10-31 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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 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.

What you’ll do

Requirements

Requires a bachelor's degree or higher in Actuarial Science or a relevant major with demonstrated actuarial knowledge, an ASA designation with at least six actuarial exams, and three or more years of actuarial or insurance experience. Candidates should have strong analytical and communication skills, experience with GGY AXIS and Excel, and knowledge of professional standards, legislation, and industry practices.