Actuarial Analyst, Group Pricing

RBC•Mississauga, ON

1d•CA$65,000 - CA$90,000•Onsite

About The Position

We are seeking a highly motivated and detail-oriented individual to join our Group Pricing team as an Actuarial Analyst. In this role, you will apply your knowledge and technical skills to support the actuarial function by assisting with various pricing analyses, tool maintenance, and process improvements.

Requirements

1 year of related actuarial work experience
Minimum of two Society of Actuaries exams completed
Excellent working knowledge of MS Excel is required
Strong analytical and communication skills

Nice To Haves

Strong knowledge of programming and analysis tools such as R, SQL, Python, and/or VBA is highly desirable
The ideal candidate has a strong desire to set and exceed challenging goals with high energy and a drive for superior results
Successful candidate will demonstrate excellent communication skills with the ability to effectively influence others as well as present issues, options and recommendations to both technical and non-technical audiences
Knowledge of group insurance principles would be an asset

Responsibilities

Maintain and enhance existing analysis and operational tools, such as rating adjustment tools, renewal tools, lapse reports, sales compensation reports, etc.
Support and enhance profitability studies and experience studies for multiple product lines, assist in pricing model testing and enhancement, and communicate the results of reports to a wider audience – Group Underwriting, Sales, Group Business Council, etc.
Participate in the team's daily work by analyzing actuarial data and propose changes.
Become a subject matter expert on detailed claims analysis, including general experience reporting and pricing analysis.
Assist the Group Pricing Actuaries in other analysis as requested.