Job Summary
Job Description
APPLICATION DEADLINE: JULY 31, 2025
What is the opportunity?
RBC (Barbados) Service Company Limited has a vacancy for a Reinsurance Analyst – Longevity Operations. This is a key analytical role in the management of longevity reinsurance data and client relationships, and is a subject matter expert (SME) regarding movements in the portfolio that could affect financial and risk management reporting.
What will you do?
Analyze Longevity Reinsurance accounts for treaty compliance and alignment with established risk and treaty parameters through analysis of inforce portfolio membership data against pricing data and longevity reinsurance treaty parameters to ensure complianceSupport the onboarding of Longevity deals and implementation projects into the Longevity Administration System (PAXmin) & performs User Acceptance Testing as necessaryUnderstand client portfolio information at the member level to identify discrepancies and issues that could affect onward reportingTrouble shoot with client operations teams to resolve discrepancies & other complex issues to final resolution for assigned client listSupport the processing of Longevity Business Data Cleanses and Annual Reviews including the implementation of annual data changes into PAXminDocumentation of processes and procedures for the administration of assigned client listUnderstand how pension benefits work in the UK market along with changes to the market over timeConsider enterprise-wide solutions and downstream impact and provide recommendations on process improvements and technical solutions including liaising with Third Party VendorsWhat do you need to succeed?
Must-have
Bachelor’s Degree (or equivalent) in related field or 5 plus years’ experience in Reinsurance practices and principles4 – 7+ years’ experience in analytical role leveraging systems (In-depth knowledge and experience)Strong analytical skills and problem solving abilityAbility to communicate findings of complex analysesExcellent verbal & written communication skillsIndustry relevant knowledge (E.g. ARA, FLMI)What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Opportunity to do challenging work and make a difference with lasting impactThe advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewardedLeaders that support your developmentJob Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job Details
Address:
2 Upper Collymore Rock Road:BridgetownCity:
BridgetownCountry:
BarbadosWork hours/week:
40Employment Type:
Full timePlatform:
INSURANCEJob Type:
RegularPay Type:
SalariedPosted Date:
2025-07-16Application Deadline:
2025-08-01Note: 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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