• Job Description

  Req#: R-0000058065

  Come Work with Us!
  
  At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
  
  Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

  Job Title

  Senior Actuarial Analyst, GRMI International

  Job Description

  What is the opportunity?

  Reporting to the Director Actuary, GRMI International, the successful incumbent will be responsible to support actuarial reporting, risk management, and IFRS 17 transformation for the reinsurance product lines. This is a role with various exposures and may also have the opportunity to train and coach junior staffs

  What will you do

  • Support and enhance the actuarial and risk management functions for the Reinsurance product lines, including but not limited to: month-end valuation and reporting, in-force data updates, and actuarial modelling

  • Lead merge files / in-force extracts update for the Reinsurance product lines, including data cleansing, data analyzing, and AXIS implementation

  • Support IFRS 17 transformation and implementation, including production of comparative runs, enhancement of downstream reporting and analysis, process improvement, etc.

  • Work closely with the business and other functional partners on strategic projects and tactical actions including business planning and forecasting

  • Contributed as needed to annual experience studies and other projects as they arise

  What do 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-Haves

  • Working experience with Power BI, R or Tableau
  • Working experience with IFRS 17
  • Experience working with team located in multiple countries

  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 Summary

  Address:

  MISSISSAUGA, Ontario, Canada

  City:

  CAN-ON-MISSISSAUGA

  Country:

  Canada

  Work hours/week:

  37.5

  Employment Type:

  Full time

  Platform:

  Group Risk Management

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2023-05-03

  Application Deadline:

  2023-06-02

  Inclusion and Equal Opportunity Employment

  At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
  
  We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 rbc.com/careers.

• 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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