Senior Manager, Insurance Finance Transformation

Job Description

What is the opportunity?

You will be a valued member of RBC Insurance CFO team, acting as a business partner and advisor, across financial accounting, performance management and planning and forecasting activities. You will own IFRS 17 processes, policies and day 2 enhancements, including process streamlining, business requirements and automation. You will work collaboratively with other business partners, including IT and Actuarial teams, to identify financial optimization opportunities, and execute on enabling the data, systems and processes to implement new and audit-ready solutions.

What will you do?

As a member of a dynamic multi-functional finance transformation team, you will have the following responsibilities:

• Program delivery, stakeholder and change management

Drive requirements, testing, cutover and change management within Finance, Actuarial, IT and vendors; identify risks and mitigation to meet project timelines and business objectives.

• Insurance accounting (IFRS 17) technical leadership

Lead the enhancement of detailed requirements that underpin key IFRS 17 metrics, accounting policies, reporting, calculation rules (GMM/VFA), CSM mechanics and disclosures.

• Systems and integration requirements

Direct development of end-to-end requirements for GL, subledgers, actuarial outputs, investment systems, policy administration and data lake integrations, including reconciliation rules. Translate business requirements into system specifications and testable acceptance criteria.

• Finance & Actuarial process optimization

Identify opportunities to simplify workflows, remove manual steps, and implement automation and reporting enhancements to improve efficiency and reduce operational risk while working collaboratively across Finance, Actuarial and IT Functions to identify financial optimization opportunities.

• Controls, compliance and SOX governance

Support the implementation and review of EUC controls, control requirements and audit trails across models, spreadsheets and systems; prepare/review documentation for auditors.

What do you need to succeed?

Must have

• 4-6+ years in insurance finance transformation, accounting, actuarial or financial systems delivery with hands-on life insurance products and investments knowledge (e.g. par, universal life, seg funds, etc.).
• Knowledge of IFRS and proven experience developing & defining technical IFRS 17 measurement models (VFA, GMM, PAA), accounting requirements and/or implementing downstream reporting.
• Demonstrated ability to produce clear technical system, process and methodology documentation.
• Strong project management skills with experience in large scale programs/initiatives.
• Strong cross-functional collaborator with excellent communication skills, able to present complex technical topics to finance and IT leaders.
• A professional accounting designation (CPA, CA, etc.) or actuarial designation (FSA, FCIA, etc.), or completion of a Master's or PhD in Mathematics, Actuarial Science, or Finance.

Nice to have

• Practical experience with GL/subledger, actuarial valuations, policy administration systems and finance data warehouses.
• Familiarity with Accounting Hub, CSM calculators, modern BI/reporting tools and cloud platforms.
• Financial data architecture experience in canonical models, lineage, ETL/ELT design and reconciliation automation.

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 comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation

• Leaders who support your development through coaching and managing opportunities

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Flexible work/life balance options

#LI-POST

Job Skills

Budget Management, Communication, Financial Planning and Analysis (FP&A), Organizational Leadership, Process Management, Professional Presentation

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:

2025-11-25

Application Deadline:

2026-01-30

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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