17 Apr
|
RBC Insurance
|
Mississauga
17 Apr
RBC Insurance
Mississauga
Apply on Kit Job: kitjob.ca/job/2fs325
What is the opportunity?
Our Group Pricing team is looking for a passionate individual to help us grow RBC Insurance’s Group Perks line of business. This includes reviewing manual rates, experience rating methodology as well as supporting our product, sales and underwriting partners. The role acts as a subject matter expert for all the pricing of Group benefits, and greatly influences the profitable growth of our business line.
What will you do?
- Support pricing strategy and initiatives for group life, disability, and other group benefit products, including review and enhancement of pricing methodologies, assumptions, and governance frameworks
- Monitor and analyze experience trends (profitability, lapse, rate guarantees, claims, incidence), and investigate emerging issues
- Lead sales compensation reporting, including review of retention and profitability performance, supporting compensation structure updates and modeling impacts of changes
- Maintain various pricing tools and rate calculators, ensuring consistency and operational efficiency. Update pricing assumptions and perform testing and validation in experience rating templates
- Provide timely pricing support to sales, underwriting and other partners, including reviewing and approving discounting requests, providing recommendations on special pricing inquiries, and handling ad hoc requests
What will you need to succeed?
Must have
- Undergraduate degree in Actuarial Science or a related field, with a minimum of 7+ years of actuarial experience is required. Preferable a Fellow of the Society of Actuaries (FSA or equivalent)
- Deep understanding of group benefits pricing principles and market knowledge as well as Microsoft Excel
- Ability to identify complex issues, develop innovative solutions, and drive methodological enhancements
- Excellent verbal and written communication skills to convey technical concepts to both technical and non-technical stakeholders
Nice to have
- Proven ability to lead and mentor a team, fostering a collaborative and high-performance environment
What's in it for you?
- A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
- Competitive pay and high-earning potential
- All the tools, training, and team support you need to grow your career
- Flexible work/life balance options
- RBCI software tools to boost your productivity
RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can best – putting clients first.
Job Skills
Actuarial Modeling, Actuarial Services, Communication, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Leadership Management, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications, Technical Knowledge
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: INSURANCE
- Job Type: Regular
- Pay Type: Salaried
- Posted Date:
- Application Deadline:
- Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate’s experience, skills, registration status, performance, individual goals, market conditions, and business needs.
- Pay Range: $95,000.00 - $145,000.00
Inclusion and Equal Opportunity Employment
At 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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Apply on Kit Job: kitjob.ca/job/2fs325
📌 Associate Director, Group Pricing (Mississauga)
🏢 RBC Insurance
📍 Mississauga