11 Sep
|
RBC Insurance
|
Toronto
11 Sep
RBC Insurance
Toronto
OverviewOur 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 and 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.ResponsibilitiesSupport 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 inquires, 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. Preferable a Fellow of the Society of Actuaries (FSA or equivalent)Deep understanding of group perks pricing principles and market knowledge as well as Microsoft ExcelAbility to identify complex issues,
develop innovative 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 productivityJob SkillsActuarial ModelingActuarial ServicesCommunicationCritical ThinkingIndustry KnowledgeInsurance Finance and Actuarial ConceptsLeadership ManagementMulti‑Level CommunicationProbability TheoryRisk Analysis ManagementRisk ManagementSystem ApplicationsTechnical 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:2026-03-18CompensationCompensation 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 RangeThe expected pay range for this position is:$95,000.00 - $145,000.00The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay range for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.Inclusion 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 - $95,000 - $145,000 A Year (Toronto)
🏢 RBC Insurance
📍 Toronto