Job Description
What is the Opportunity?
The successful candidate will be responsible for supporting the actuarial and risk management functions for International business.
What will you do?
Support and enhance the actuarial and risk management functions for the International business, with a focus on month-end valuation reporting. Other duties/workstreams include but are not limited to: mortality studies, in-force data updates, and actuarial modelling.
Work closely with the business and other functional partners on strategic projects and tactical actions, and assist these areas in achieving their goals
Support ad-hoc work in areas to support teams working on model changes, new business reporting or asset liability modelling
What do you need to succeed?
Must-Haves:
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
Minimum 3 to 7 years of experience within the life insurance industry, preferably in valuation reporting or related functions
Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture" and able to deliver under tight deadlines
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 R and Tableau
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 comprehensive Total Rewards Program include competitive compensation and flexible benefits.
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
Opportunities to do challenging work.
Opportunities to build close relationships with clients.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC’s high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
#LI – POST
Job Skills
Actuarial Analysis, Actuarial Exams, Actuarial Modeling, Actuarial Reserving, Actuarial Science, Actuarial Services, Actuarial Valuation, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System ApplicationsAdditional Job Details
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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.
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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.