APPLICATION DEADLINE: JUNE 20, 2025

What is the opportunity?

This is a multi-disciplinary financial position that has leadership and accountability for financial reporting (both management and external), controls, compliance with Sarbanes-Oxley (SOX) financial oversight, cash and foreign exchange monitoring and management, payment approvals, collateral and liquidity management, planning and forecasting, oversight of investments and capital management.

This role also has interaction with internal audit, external audit, rating agencies (AM Best and Standard & Poors), regulators and insurance counterparties and includes participation in a number of management committees (Investment Committee and Board meetings). The controller is an officer of Royal Bank of Canada Insurance Company Ltd. - Cayman (RBCICL) and also involves financial oversight for RBC (Barbados) Services Company Ltd.

What will you do?

• Responsible and accountable for the daily financial operations including accurate and timely monthly, quarterly and annual financial analysis and reporting
• Preparation for and compliance with periodic internal audits of accounting processes and controls and annual external financial statement audits and shareholder financial statements
• Regular communications with business managers, RBCI risk management, RBCI Finance and RBC Tax group on financial issues and regulatory/statutory issues
• Responsible and accountable for financial reporting at RBCICL Board meetings including preparation and analysis of results, dividends calculations and preparation of related Board materials
• Approve payments (wires and investments) and review account reconciliations and group head sign off on PEGA
• Accountable as contact for communication, including formal face-to-face meetings with AM Best and Standard & Poor’s in their annual reviews and preparation of capital models and information returns
• Manages operating cash flows and financial operations
• Working within RBC Insurance and RBC Financial Group guidelines, develops and maintains a strong reinsurance finance infrastructure providing efficient and effective accounting processes policies and controls
• Responsible for the timely and accurate financial analysis including budgeting and forecasting
• Detailed monitoring and analysis of actual results including issue resolution and communication of results and operating issues

What do you need to succeed?

Must-have

• Bachelor’s Degree or equivalent in Business/Finance/Accounting
• Recognised Professional Accounting Designation (CPA, CA) or equivalent
• 7-10 years’ work experience in financial reporting, planning and forecasting
• Extensive reinsurance industry knowledge and experience, preferably at the international level
• Strong understanding of insurance products and knowledge of IFRS including IFRS17
• Superior written and verbal communication skills and related experience essential to work effectively internally at all levels across a large and diverse organization and externally with influential rating agencies and regulatory and tax authorities

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 competitive compensation and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Skills

Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time Management

Additional Job Details

89 Nexus Way:George TownGeorge TownCayman Islands37.5Full timeINSURANCERegularSalaried2025-06-052025-06-21

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.