17 Oct
|
RBC Insurance
|
Mississauga
17 Oct
RBC Insurance
Mississauga
What is the opportunity? This role is accountable for developing, pricing, monitoring, and preserving the integrity of the profitability of our Creditor, Life, Health, and Wealth products. This position supports our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for RBC Insurance Company.What will you do?Perform pricing and product development of Creditor, Life, Health, and Wealth insurance products. Analyze product profitability, sensitivity, and risk metrics to support strategic decision making.Prepare and review documentation and reports to communicate findings, assumptions, and recommendations effectively.Perform and review model vetting of the Creditor, Life, Health, and Wealth pricing models. Monitor regulatory changes and ensure product compliance with relevant guidelines.Collaborate with and influence internal business partners, including valuation, product management, project management, corporate underwriting, new business operations, customer service, sales, and finance.Participate in automation and process improvement initiatives to enhance efficiency and accuracy in pricing workflows.What will you need to succeed? Must Have:Have achieved the ASA or ACIA designation, and actively pursuing the FSA/FCIA designation.Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a relevant field.
At minimum 3 years of work experience in an actuarial role.Ideal candidates have a strong desire to set and exceed challenging goals with high energy and a drive for superior results.Demonstrate excellent communication skills with the ability to effectively influence others as well as present issues, options, and recommendations to both technical and nontechnical audiences.Excellent working experience with Moody’s Analytics AXIS, and outstanding working knowledge of MS Excel.Ability to work well in a team and individually, and mentor junior colleagues as needed.Nice to Have:Familiarity with actuarial pricing and valuation methodologies.Understanding of key regulatory frameworks (IFRS17, LICAT, etc.).Proficiency in programming languages (VBA, R, etc.).What's in it for you?A Total Rewards program that includes flexible benefits, work/life balance, 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.Versatile work/life balance options.Sophisticated RBCI software tools to boost your productivity.Additional Job Details Address: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR, MISSISSAUGACity: MississaugaCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: INSURANCEJob Type: RegularPay Type: SalariedPosted Date: Application Deadline: Pay Range: $80,000.00 - $115,000.00Compensation for this position will be determined by factors including candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.RBC supports pay transparency and strives to ensure competitive, fair, and equitable pay.#J-18808-Ljbffr
📌 Actuarial Associate - Individual Pricing - C$80,000 - C$115,000 A Year (Mississauga)
🏢 RBC Insurance
📍 Mississauga