Job Summary

Job Description

What is the opportunity?

This role provides critical actuarial advisory support to the portfolio directors in addressing key issues related to Segregated Fund (SegFund) and Participating (PAR) products. The successful candidate will lead investigations into product-related issues, drive resolutions, and play a significant role in shaping and executing broader strategic initiatives as they evolve.

What will you do? 

Lead collaboration with the portfolio directors and cross-functional teams to investigate and resolve issues related to SegFund and PAR product, including but not limited to CSM emergence, profitability, and AXIS model enhancementProvide actuarial analysis and insights to support resolution of identified product issuesDrive strategic initiatives that improve product sustainability and ensure alignment with regulatory and policyholder expectationsConduct scenario analysis, modeling, and sensitivity testing using GGY AXIS and other actuarial toolsSummarize findings and recommendations into clear, actionable presentations for senior leadershipLead and contribute to ad-hoc projects as the strategic program evolves

 

What will you need to succeed?

Strong analytical mindset and attention to detail for complex problem solving and investigative workExtensive experience with GGY AXIS and familiarity with insurance product modeling and valuationSolid understanding of SegFund or PAR products and related actuarial considerationsKnowledge of IFRS 17, including the Variable Fee Approach (VFA) and its application to relevant productsExcellent written and verbal communication skills to convey technical results to non-technical audiencesDemonstrated leadership in cross-functional collaboration and the ability to manage multiple, competing priorities in a fast-paced environmentUndergraduate degree in Actuarial Science or a related disciplineFSA or close to FSA

 

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 plansCompetitive pay and high-earning potentialAll the tools, training, and team support you need to grow your careerStudy program for pursuing the actuarial credentialFlexible work/life balance options

Job Skills

Actuarial Analysis, Actuarial Modeling, Actuarial Reserving, Actuarial Services, Actuarial Valuation, Critical Thinking, Cross-Functional Teamwork, Insurance Finance and Actuarial Concepts, Insurance Risk Management, Leadership, Multi-Level Communication, Risk Analysis Management, Risk Management

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:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-09

Application Deadline:

2025-07-19

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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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