Associate Director – Capital and Stress Testing

Lead and oversee the preparation, analysis, and reporting of LICAT, FCT, EWST, ORSA sensitivity tests, and other stress testing exercises, ensuring compliance with regulatory standards.,Manage and mentor 1–2 actuarial analysts, providing guidance on model runs, data processing, and preliminary analysis.,Drive the identification, development, and implementation of enhancements to capital forecast methodologies and frameworks.,Monitor regulatory changes, assess their impact on capital adequacy, and recommend strategies.,Collaborate with cross-functional teams to support RBC Insurance's risk capital functionalities, including Economic Capital (EC) modeling and product risk assessment.,Ensure the integrity and accuracy of actuarial models and methodologies, leading model improvements and validation efforts.,Prepare and present insights and recommendations to senior leadership and stakeholders.

Proven ability to lead and mentor a team.,Deep understanding of actuarial principles, practices, and modeling logics for valuation and capital projections.,Strong familiarity with LICAT, FCT, and other regulatory requirements.,Prior experience in regulatory reporting is essential.,Ability to identify complex issues, develop innovative solutions, and drive methodological enhancements.,Excellent verbal and written communication skills.,Undergraduate degree in Actuarial Science or a related field, with a minimum of 7+ years of actuarial experience is required.,Preferably a Fellow of the Society of Actuaries (FSA or equivalent).

Undergraduate degree in Actuarial Science or a related field