Associate Director GRMI
RBC Capital
Job Description
What is the opportunity?
The Associate Director leads the annual experience studies regarding life and health portfolios and supports risk oversight. Periodic support might be expected for financial reporting and the creation of the annual Appointed Actuary Report (AAR). The role offers high visibility and the opportunity to work closely with senior leadership to shape future direction and priorities.
What will you do?
- Conduct and complete the annual experience studies to analyze the experience emergence of respective portfolios.
- Collaborate with other business partners in obtaining data and assess its validity.
- Collaborate with other business partners in formulating strategies driven by the results on experience studies.
- Provide support as needed to other teams involved in the production of financial results during month-end close period.
- Assess the impact of experience studies on financial reporting items such as CSM.
- Other ad-hoc related work as assigned by various stakeholders.
What will you need to succeed?
Must-have:
- Familiarity with insurance product modeling, pricing, or valuation
- Excellent written and verbal communication skills to convey technical results to non-technical audiences
- Proven ability to collaborate in a team environment and manage competing priorities
- Undergraduate degree in Actuarial Science or a related discipline
- Proficiency in one or more Languages/Technologies like Python, SQL, SAS, R, VBA, Power BI, C, MatLAB.
Nice-to-have:
- Fellow of Society of Actuaries (FSA) or close to FSA exam progress.
- Experience with GGY AXIS
What’s in it for you?
We thrive on the challenge to be our best, thinking progressively 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
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in an agile, collaborative, progressive, and high-performing team
- The opportunity to interface with executives from many different parts of the organization
Job Skills
Actuarial Modeling, Actuarial Services, Critical Thinking, Experience Studies, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, Risk Oversight, System ApplicationsAdditional Job Details
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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.
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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.