What is the opportunity?

Reporting to the Associate Director, ALM, the incumbent will gain exposure to the asset modelling, asset liability management, reporting and financial risk oversight. The role primarily supports the team on asset modelling, discount rate (DR) production process and earnings by source (EBS) analysis. The role also assists in the ad-hoc analysis and other ALM financial reporting inquiries.

What will you do?

• Support monthly discount rate (DR) production and ALM trade quantification in Moody’s AXIS, including asset data validation and asset model enhancements.
• Assist with the review and monitoring of key actuarial assumptions, including corporate bond defaults, inflation, ultimate risk-free rate, investment expense, and liquidity premium.
• Support team in EBS analysis and reporting, including extracting model runs details to validate reported results.
• Collaborate with the Investment team to evaluate how asset strategies and ALM transactions affect liability valuation and capital.
• Provide support to internal/external teams for quarterly/annually reports such as LICAT, risk reports, AAR, materials for Board, etc.
• Participate in model improvement initiatives, enhancing DR processes, AXIS workflows, and actuarial methodologies.
• Support the Financial Risk Oversight team with ad hoc actuarial analysis, model investigations, and resolution of unusual results.

What will you need to succeed?

Must-Have

• Bachelor’s degree (or above) majoring in Actuarial Science or Statistics
• 3-5 years of relevant experience in an actuarial field.
• ASA or close to ASA with a minimum 5-6 SOA exams
• Prior experience on Moody’s AXIS and SQL is required, experience on software such as R, tableau would be an asset.
• Strong problem solving and technical skills, be able to investigate issues and provide suggestions

Nice-to-Have:

• ALM/Investment working experience and knowledge would be an asset.
• Self-motivated and attention to details

What's in it for you?

A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

• Competitive pay and high-earning potential
• Study program for pursuing the actuarial credential
• All the tools, training, and team support you need to grow your career

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

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGAMississaugaCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-08-202025-09-26

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.