Skip to main content
Full-Time
On-Site

Actuarial Analyst - Individual Life Valuation

View on Map

Description

This role supports the Group Risk Management – Insurance team by managing portfolio valuation and analysis for RBC Insurance products, with a focus on Traditional and Universal Life Products. Key responsibilities include supporting and enhancing annual experience studies, IFRS17 actuarial financial reporting processes, collaborating on strategic projects, supporting risk governance, and assisting with regulatory changes and ad-hoc requests.

What We're Looking For

The incumbent will be responsible for end-to-end management of portfolio valuation and analysis for RBC Insurance's insurance products, specifically Traditional and Universal Life Products. This includes supporting and enhancing annual experience studies (gathering/analyzing data with R, interpreting results with Tableau, proposing new assumptions), supporting IFRS17 actuarial financial reporting (month-end/quarter-end, AA Report, income forecast), working with business partners on strategic projects, supporting risk governance and oversight, and assisting with regulatory changes and ad-hoc requests. Compliance with SoX controls and EUC requirements is also necessary.

Ideal Candidate

Bachelor's degree (or above) majoring in Actuarial Science or Statistics,Minimum 3 SOA exams,Minimum 1 to 2 years of relevant actuarial experience,Demonstrated knowledge of professional standards of practice, the legislative environment and industry best-practices in actuarial/insurance

Minimum Education

Bachelor's Degree

Hard Skills

Actuarial Modeling
Insurance Finance and Actuarial Concepts
Probability Theory
Risk Analysis Management
Risk Management
System Applications
R
Tableau
GGY AXIS
SQL
Python
deep-dive analytics
predictive modelling
artificial intelligence
data mining
statistical modeling
machine learning

Soft Skills

Critical Thinking
Multi-Level Communication
Strong analytical skills
Problem solving skills
Innovative thinker
Ability to understand the "big picture"
High energy
Results-oriented
Self-starter
Ability to achieve under tight deadlines
Ability to communicate clearly and concisely with both technical and non-technical audience

Work Hours

37.5 hours/week

Benefits

Flexible benefits
Work/life balance
Career development programs
Investment and retirement savings plans
Competitive pay
High-earning potential
Tools, training, and team support
Flexible work/life balance options
Sophisticated RBCI software tools

About the Company

R

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven
Inclusive
Innovative
Collaborative
Professional
View all jobs at Royal Bank of Canada

    We respect your privacy

    BerryMap uses cookies to provide essential features, analyze usage, and improve your experience. You can customize your preferences below.