Job Description

What is the opportunity?

RBC Insurance is seeking a Senior Financial Operations Specialist to support our Group Annuity line of business. In this role, you will ensure data integrity, quality control and the accurate administration of Group Annuity plans. You will be responsible for leading payroll operations and reporting ensuring compliance with regulatory requirements. This role is critical to ensuring accurate, compliant and timely payroll processing while driving continuous improvement and operational resilience. The successful candidate will bring deep payroll expertise, strong financial acumen and a proactive mindset focused on risk reduction efficiency and scalability.

What will you do?

• Own end to end group annuity payroll operations including buy-in, buy-out and ongoing annuity payroll processing, ensuring accurate accuracy, timeliness and compliance with all processes.
• Strengthen payroll controls and reduce operational risk by identifying discrepancies, resolving issues and implementing robust policies and procedures
• Drive operational efficiency and scalability through automation, workflow standardization and continuous process enhancement
• Serve as the payroll subject-matter expert supporting internal stakeholders including finance, audit and call center on complex payroll, tax, garnishment and compliance matters
• Lead, coach and support team members contributing to knowledge sharing, documentation and operational resilience
• Investigate and resolve data integrity issues, initiate corrective actions and provide solutions for complex cases.

What do you need to succeed?

• Demonstrated experience analyzing financial data, producing reports, and identifying and resolving discrepancies
• Comfort operating in a high-volume regulated environment with tight timelines
• Strong analytical, organizational and communication skills
• Analytical mindset with excellent problem-solving capabilities and ability to manage tasks independently and adapt to changes.
• High attention to detail and commitment to accuracy in all aspects of work, maintaining quality standards.
• Ability to identify continuous improvement opportunities and take initiative to implement solutions to enhance efficiency.

What You Bring:

• Post-secondary degree or diploma in Payroll, Accounting, Business, or Finance.
• Canadian Payroll designation (PCP) is preferred.
• 7-10 years of extensive experience in payroll operations ideally with financial services, insurance, pensions or annuities
• Strong proficiency in Microsoft Office, particularly Excel.
• Familiarity with industry best practices and regulatory changes to ensure compliance and operational efficiency.

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 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
• All the tools, training, and team support you need to grow your career
• RBCI software tools to boost your productivity
• Hands-on experience in a dynamic and collaborative work environment

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 many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

Benefit Programs, Critical Thinking, Group Problem Solving, Human Resources Policies, Interpersonal Relationship Management, Process Management, Program Management, Risk Analysis, Vendor Management

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-01-26

Application Deadline:

2026-02-06

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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.