02 Aug
|
RBC Insurance
|
Toronto
02 Aug
RBC Insurance
Toronto
What is the opportunity?Our Group Pricing team is looking for a passionate individual to help us grow RBC Insurance’s Group Benefits 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 frameworksMonitor and analyze experience trends (profitability, lapse, rate guarantees, claims, incidence), and investigate emerging issuesLead sales compensation reporting, including review of retention and profitability performance, supporting compensation structure updates and modeling impacts of changesMaintain various pricing tools and rate calculators, ensuring consistency and operational efficiency. Update pricing assumptions and perform testing and validation in experience rating templatesProvide 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 requestsWhat will you need to succeed?Must haveUndergraduate 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 ExcelAbility to identify complex issues, develop cutting-edge solutions, and drive methodological enhancementsExcellent verbal and written communication skills to convey technical concepts to both technical and non-technical stakeholdersNice to haveProven ability to lead and mentor a team, fostering a collaborative and high-performance environmentWhat'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 plansCompetitive pay and high-earning potentialAll the tools, training, and team support you need to grow your careerFlexible work/life balance optionsRBCI software tools to boost your productivityRBC 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 SkillsActuarial 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 KnowledgeAdditional Job DetailsAddress: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity: MississaugaCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: INSURANCEJob Type: RegularPay Type: SalariedPosted Date: 2026-02-24Application Deadline: 2026-03-18Compensation 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 - $145,000.00Inclusion and Equal Opportunity EmploymentAt 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.#J-18808-Ljbffr
📌 Associate Director, Group Pricing - C$95,000 - C$145,000 A Year (Toronto)
🏢 RBC Insurance
📍 Toronto