What is the Opportunity?

We are seeking an Actuarial Associate to join our RBC Insurance front-office Investments Asset-Liability Management (ALM) team. In this role, you will be responsible for developing, maintaining, and enhancing ALM models that support the effective management of liability risk positions arising from changes in the financial markets, including interest rates, credit, foreign exchange, inflation and equity.

What will you do?

• Support Senior Manager to develop financial modeling solution to identify, measure, monitor, and report key liability information for all insurance products on daily basis.
• Collaborate with portfolio managers to ensure the models are fit-for-purpose.
• Collaborate with the data team to design, develop, and automate financial modeling processes, enhancing efficiency, reliability, and scalability of analytical frameworks.
• Build and maintain forecasting tools to project liability cash flows under base and stressed macroeconomic scenarios.
• Contribute to the development of dashboards and visualization tools that enable senior leadership to understand the drivers of liability changes and ALM performance.

What do you need to succeed?

Must-Have:

• 2+ years of experience as an AXIS model developer or in equivalent liability modeling roles, with a strong background in building and maintaining actuarial or financial models.
• Proficiency in data handling and statistical modeling techniques, with demonstrated ability to develop financial models and automate analytical processes for improved efficiency and accuracy.
• Working knowledge of insurance product features and associated risks.
• Critical thinker with a strong focus on identifying what truly matters and a continuous curiosity to learn and explore new approaches for simplifying processes and models.
• Excellent communication skills with the ability to explain technical solutions and results to cross-functional audiences.

What’s in it for you?

• A Total Rewards program that includes competitive pay, 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 business and career
• Flexible work/life balance options
• Sophisticated RBCI software tools to boost your productivity and grow your business

RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the

Job Skills

Actuarial Modeling, Business Analytics, Credit Analysis, Financial Regulation, Internal Auditing, Investment Risk Management, Predictive Analytics, Risk Management, Standard Operating Procedure (SOP), Statistical Analysis

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeINSURANCERegularSalaried2025-06-302025-07-14

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.