Actuarial Associate, GRMI International

Job Description

WHAT IS THE OPPORTUNITY?The successful incumbent will support IFRS 17 actuarial reporting and risk management for the product lines under the International business.
WHAT WILL YOU DO?

Support actuarial financial reporting for the international product lines to ensure effective completion of monthly, quarterly, and annual actuarial processes.

Perform comprehensive analysis in explaining earnings by source and movements in insurance contract assets and liabilities.

Support risk management functions, including hedge effectiveness tests, ALM assessment, and sensitivity analysis.

Contribute to in-force extract data updates and annual experience studies.

Assist in various actuarial projects as they arise.

WHAT DO YOU NEED TO SUCCEED?
Must-Have:

Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant majors are acceptable if accompanied by demonstrated knowledge of Actuarial concepts.

ASA/ACIA designation or near ASA.

Minimum 2 years of actuarial experience with knowledge of IFRS 17 requirements.

Working experience and familiarity with Moody’s AXIS system.

Exceptional analytical and problem-solving skills, take initiatives and accountability in addressing issues in actuarial results by collaborating with relevant stakeholders.

Ability to communicate clearly with both technical and non-technical audience.

Nice-to-Have:

Working experience with R, Tableau, and SQL queries

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

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

A world-class training program in financial services

Flexible work/life balance options

Opportunities to do challenging work

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:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications 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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