RBC
Lead, Reinsurance Specialist, Ceded Reinsurance Administration
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Job Description
- Req#: R-0000128997
Job Summary
Job Description
What is the opportunity?
The Lead, Reinsurance Specialist is responsible for providing leadership and supervision for the Reinsurance Administration & Financial Reporting team, and business subject matter expertise to RBC Life stakeholders (e.g. Divisions (Finance, Legal, Customer Service, Claims, Product Actuarial, Underwriting, Group Risk Management, Reinsurance Placements and Corporate Actuarial), and its reinsurers.
What will you do?
•Be responsible for the treaty interpretation, development, documentation, adherence and maintenance of operational guidelines and procedures to administer the ceded reinsurance business on TAI
•Support and/or take a lead role with internal and external audits
•Oversee the ceded reinsurance financial reporting
•Review all new treaties, amendments, closures to ensure administration and treaty compliance which includes post product launch verification on TAI
•Ensure appropriate training is in place and maintained for ceded reinsurance administration team and for all staff in other areas of RBC Insurance who must interact with the ceded reinsurance administration systems
•Work with Reinsurance System and Business Development Team on new product launches and TAI system initiatives
What will you need to succeed?
•Minimum 10 years experience in Insurance or Reinsurance Administration experience with in-depth understanding of reinsurance and the relevant core processes and how they interact in the various entities being supported
•Deadline-driven and results-oriented; able to meet consistently high-quality standards while handling a variety of tasks and deadlines simultaneously
•Strong communication skills (written and oral) together with a proven ability to effectively communicate with a broad cross-section of people at various levels in the business communities
•Proven leadership & client services skills with a collaborative and supportive attitude
•High willingness and drive to learn
•LOMA – FLMI, ACS, ARA designation is desired and proficient in MS Office (Excel, Word, etc.)
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
•RBCI software tools to boost your productivity
RBC 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
Adaptability, Customer Service, Decision Making, Effectiveness Measurement, Insurance Operations, Process Management, Strategic Thinking, Time ManagementAdditional Job Details
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGAAddress:
MISSISSAUGACity:
CanadaCountry:
37.5Work hours/week:
Full timeEmployment Type:
INSURANCEPlatform:
RegularJob Type:
SalariedPay Type:
2025-06-02Posted Date:
2025-06-18Application 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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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 the company
Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...
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