Actuarial Associate

Job Description

What is the Opportunity?

The Actuarial Associate is a member of Canadian Individual Life (Par and non-Par) within the broader Group Risk Management Insurance department (GRMI). The candidate will provide critical actuarial transformation support and thought leadership across IFRS17 Day 2 implementation, plus improvement initiatives within GRMI. The successful candidate will be heavily involved in month-end reporting process, identify opportunities to process improvements and support investigations across business units within GRMI functions as well as IT, finance and external consultant, to support Actuarial Transformation Program (IFRS17 Day 2).

What will you do?

• Involved in day-to-day reporting process, identify areas of opportunities optimization;

• Operate within an Agile implementation framework, preparing for and participating in investigation involving upstream and downstream process;

• Collaborate cross-functionally with extended project team, able to communicate findings and support discussions with technical details;

• Summarize complex findings into clear, actionable documentations and communicate with the stakeholders;

What do you need to succeed?

Must-have:

• Bachelor's degree majoring in Actuarial Science or other relevant Majors (e.g. Mathematics, Statistics, Computer Science, Business, Economics),

• ASA or close to ASA designation

• Self-driven mindset

• 2+ working experience in reporting or related roles

• Strong analytical mindset and attention to detail for complex problem solving and investigative work

• Expert user of Microsoft Excel and Power Query, knowledge and work experience with programming language, including but not limited to Python, SQL, R, VBA. Experience building in Tableau and/or PowerBI

• Knowledge of IFRS 17 Standard and implications to insurance companies

• Excellent oral and written communication skills to convey technical results to non-technical audiences, as well as the ability to deal with ambiguity and flexibility to adapt to change

• Ability and willingness to partner effectively with other actuarial teams, as well as with peers of other functional areas

• Experience working with Moody's AXIS Actuarial software including EnterpriseLink and GridLink and related system environment

Nice To Have

• Knowledge of a broad area of Insurance expertise (by product and by function) gained through 6+ years of direct or indirect related work experience and training

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 include competitive compensation and flexible benefits

• Leaders who support your development through coaching and managing opportunities.

• Ability to make a difference and lasting impact.

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

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

#LI – POST

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:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-03-05

Application Deadline:

2026-04-04

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.