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.
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.
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
Bachelor's Degree
37.5 hours/week
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.
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