Job Description

What is the opportunity?

This role is accountable for providing actuarial expertise to support product profitability management and reinsurance strategy, while assisting in the oversight of all reinsurance treaties for RBC Insurance. This position offers the opportunity to deepen your actuarial experience through in-depth analysis of the company’s reinsurance portfolio, including supporting potential treaty recaptures and evaluating whether existing treaties should be closed to new business.

What will you do?

• Provide actuarial analysis and insights on the effectiveness of reinsurance treaties and their impact on product profitability, and support colleagues with product dashboards across all RBC Insurance products
• Assist with actuarial tasks related to Board of Directors and regulatory reporting, participate in product-related working groups, and run valuation models for product and reinsurance analysis
• Manage the monthly process to deliver accurate and timely analytics from the Reinsurance Dashboard in Tableau, working closely with actuarial colleagues to ensure month-end reinsurance valuation data (by reinsurer and treaty) is prepared for analysis
• Prepare, compile, and summarize actuarial metrics into clear and impactful PowerPoint presentations to effectively deliver the team’s objectives in reinsurance strategy, treaty management, and profitability monitoring
• Provide support for other reinsurance-related initiatives as needed

What will you need to succeed?

Must have:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, and actively writing SOA exams
• ASA Designation, with minimum 3-5 years of relevant work experience with strong understanding of life and health insurance products
• Successful candidates will demonstrate excellent communication skills with the ability to effectively influence others as well as present issues, options and recommendations to both technical and non-technical audiences
• Knowledge of regulatory frameworks and financial reporting standards, such as IFRS 17, and LICAT
• Familiarity with actuarial valuation, pricing methodologies, and insurance assumptions
• Proficiency in MS Excel, programming languages (e.g., VBA, Python, R), actuarial modeling software (e.g., Moody AXIS), and data analytics/visualization tools (e.g., Tableau)

Nice to have:

• Familiarity with reinsurance and risk management practices
• Demonstrated leadership and mentorship experience in managing or supporting a team

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

RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

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:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-10-24

Application Deadline:

2025-11-08

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.