What is the opportunity?

Reporting to the Associate Director Longevity Reinsurance Valuation, the successful candidate will be responsible to support the actuarial and risk management functions for the International Insurance business.

What will you do?

The successful candidate will be working on the experience study of UK longevity reinsurance and US life reinsurance product.

• Analyze claim data in the past decade, compare the actual mortality/longevity experience with expected, recalibrate best estimate assumptions, and project future experience and key financial matrices
• Analyze annual industry mortality/longevity studies provided by IFoA, SOA, and CIA, to understand industrial trending as well as our business strengths/opportunities
• Provide independent reviews on mortality/longevity assumptions for pricing
• Support monthly financial reporting for investigations
• Support regulatory changes, for example IFRS requirement and internal/external auditing

What will you need to succeed?

Must-Haves

• Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant Majors (e.g. Business, Economics, Mathematics, or Statistics) are acceptable if accompanied with demonstrated knowledge of Actuarial concepts. More than 2 to 3 actuarial exams are preferred
• Actuarial/insurance experience with demonstrated knowledge of professional standards of practice, the legislative environment and industry best-practices
• Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture"
• High energy, results-oriented self-starter with the ability to achieve under tight deadlines in a rewarding and fast paced environment
• Working experience with Excel and GGY AXIS
• Ability to communicate clearly and concisely with both technical and non-technical audiences

Nice-to-Haves

• Working experience with R, Tableau, and SQL

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, commissions, and stock where applicable
• 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
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

#LI-Hybrid

#LI-POST

Job Skills

Actuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications

Additional Job Details

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGAMISSISSAUGACanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-05-302025-06-14

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.