Job Summary

Job Description

What is the opportunity?

We are seeking a highly collaborative and analytical Actuarial Associate to join our team. This position requires building strong relationships with internal and external stakeholders, and utilizing exceptional analytical and investigative skills to drive business decisions.

This role is ideal for someone who thrives in a team environment, possesses excellent communication skills, and has a strong business acumen. This position offers the opportunity to leverage interpersonal and influencing skills to work effectively across all levels of the organization, driving results and making a meaningful impact on our business.

What will you do?

Assist in the development and maintenance of actuarial models, including data preparation, modeling, and validation.Participating in projects involving valuation, financial reporting, and analytics.Gathering and analyzing relevant data from a variety of sources using multiple actuarial tools and techniques.Streamline procedures and develop advanced methodologies to improve the efficiency and accuracy of the reserving process.Driving automation and complexity reduction and transitioning towards new ways of collaboration.Stay up-to-date with industry developments, regulatory changes, and emerging trends in actuarial science.Collaborate with senior actuaries to prepare reports, presentations, and other materials for internal and external stakeholders.Communicate complex technical concepts and results to non-technical stakeholders.Perform deep dive/ad hoc innovative analysis as required.

What will you need to succeed?

Must Haves:

Bachelor’s Degree in Actuarial Science, Mathematics, Statistics or a relevant fieldsASA and/or ACIAMinimum 3 years of actuarial work experience with valuation, financial reporting, and/or analyticsProficiency in actuarial software and tools, such as GGY AXIS, and programming languages (e.g. R, Python)Strong analytical and problem-solving skills, with attention to detail and ability to work with complex data setsExcellent communication and interpersonal skills, with ability to work effectively in a team environment

Nice To Have:

Progress toward FSA destinationFamiliarity with actuarial valuation, financial reporting, and insurance assumptionsExperience with BI tools, Tableau preferredExperience with IFRS17Familiarity with insurance products and risk management practicesAbility to work collaboratively with diverse teams in a fast-paced environment

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.Leaders who support your development through training and coaching.Work with a dynamic, collaborative team with ability to make a difference.

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:

2025-01-20

Application Deadline:

2025-02-01

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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