Associate Director, Actuarial

Job Description

What is the opportunity?

This Strategic Initiatives team within Corporate Actuarial provides critical actuarial transformation support across IFRS 17 Day 2 implementation, CSM development, and other strategic initiatives. The successful candidate will lead end-to-end reporting improvements as part of the finance and actuarial transformation program, drive CSM calculation engine enhancements, and provide expert advisory support on complex IFRS 17 matters.

The Associate Director, Strategic Initiatives will lead the finance and actuarial transformation program workstreams, drive CSM calculation engine enhancements, and provides IFRS 17 technical guidance to cross-functional teams. The position offers high visibility and the opportunity to work closely with senior leadership to enhance reporting accuracy, resolve complex technical challenges, and shape future finance and actuarial capabilities.

What will you do?

• Lead the finance and actuarial transformation workstreams to improve end-to-end reporting accuracy and efficiency, including data integrity management, problem resolution, process optimization, and system implementation across actuarial functions
• Investigate existing CSM calculation issues and drive problem resolution through deep dive analysis, comprehensive testing, root cause identification, and configuration review to develop enhanced tools, processes and documentation that support accurate financial reporting
• Provide expert IFRS 17 advisory support to Portfolio, Capital, and Financial Reporting teams on standard interpretation, calculation methodologies, and reporting requirements
• Collaborate cross-functionally with senior stakeholders to investigate and resolve high-impact technical issues related to CSM emergence, profitability analysis, and regulatory compliance
• Summarize complex findings into clear, actionable presentations and recommendations for senior leadership and regulatory stakeholders
• Lead and contribute to strategic ad-hoc projects as transformation programs evolve, ensuring alignment with enterprise objectives and regulatory requirements

What will you need to succeed?

• Strong analytical mindset and attention to detail for complex problem solving and investigative work
• Knowledge of IFRS 17, including the CSM emergence and its application in the different measurement models
• Demonstrated leadership in cross-functional collaboration and the ability to manage multiple, competing priorities in a fast-paced environment
• Extensive experience with GGY AXIS and familiarity with insurance product modeling and valuation
• Excellent written and verbal communication skills to convey technical results to non-technical audiences
• Undergraduate degree in Actuarial Science or a related discipline
• FSA or close to FSA

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.

• 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
• Study program for pursuing the actuarial credential
• Flexible work/life balance options

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

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:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-11-05

Application Deadline:

2025-11-24

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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