Job Description
What is the opportunity?
The Group Annuity Pricing team is seeking an accomplished leader to drive strategic excellence and innovation across the Canadian group annuity pricing function. In this role, you will help shape pricing strategy, develop next‑generation tools and processes that enhance business performance, and guide a collaborative approach to complex transactions with both our internal and external stakeholders. You will combine technical expertise with proven leadership capabilities to inspire teams, drive continuous improvement, and deliver measurable business impact. This is an opportunity to influence key decisions, accelerate organizational capabilities, and position the team for success in the group annuity business.
People Leadership
Train, peer review, and mentor actuarial staff to ensure high‑quality work product and professional development
Build and lead high‑performing teams; establish ambitious goals and foster an inspiring, collaborative work environment
Business Development
Meet sales and bottom‑line targets while maintaining robust client relationships
Negotiate contracts with plan sponsors and consultants; drive enterprise connectivity initiatives
Client Relationship Management
Develop and strengthen reinsurance partnerships and internal cross‑functional relationships
Support the Operations team in the proper administration of placed deals
Collaborate with RBC legal counsel on contract terms, business procedures, and policy development
Strategic Initiatives
Lead the development and implementation of innovative reinsurance pricing solutions for our group annuity block of business
Oversee contracting, negotiations, and cross‑functional coordination with Risk and Operations partners to ensure successful transaction implementation
Contribute to strategic planning and explore emerging technologies, including AI‑driven tools, to enhance our offerings
Pricing & Market Expertise
Lead group annuity pricing transactions from conception through execution
Stay current with global longevity trends through research, industry webcasts, and market analysis
Must Have
Bachelor’s degree in actuarial science, mathematics, statistics, finance, or accounting
FSA/FCIA designation or ASA with equivalent combined education and experience
10+ years of life insurance and/or reinsurance experience in pricing or product development
Strong actuarial modelling and technical skills, including proficiency with:
GGY Axis and DataLink
Power BI
MS Word, Excel, Access, and Outlook
Exceptional time management and organizational skills, with a proven ability to prioritize complex tasks, meet deadlines, and drive efficiency in fast‑paced environments
Advanced written and verbal communication skills,
including the ability to articulate technical concepts clearly, draft precise documentation, and collaborate effectively across diverse teams and stakeholders
Superior customer service skills and demonstrated ability to work effectively as a team player
Ability to synthesize complex market and business data for strategic decision‑making
Nice to Have
Knowledge of Group Annuity, Reinsurance, and/or IFRS17
Prior experience with mortality studies and strong understanding of mortality trends
Predictive analytics knowledge
Experience managing staff
Experience with AI tools and pricing technology development
Familiarity with longevity risk and reinsurance market dynamics
Previous exposure to strategic initiatives and business development
Experience presenting to senior management and external stakeholders
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
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
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📌 Associate Director, Group Annuity Pricing (Manitoba)
🏢 RBC
📍 Manitoba