Actuarial Associate, GRMI International

RBC • Mississauga, ON

7d • Onsite

About The Position

The successful candidate will be responsible for supporting the actuarial and risk management functions for International business, with a focus on month-end valuation reporting. Other duties/workstreams include but are not limited to: mortality studies, in-force data updates, and actuarial modelling. The role involves working closely with the business and other functional partners on strategic projects and tactical actions, and assisting these areas in achieving their goals. The associate will also support ad-hoc work in areas such as model changes, new business reporting, or asset liability modelling.

Requirements

• Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant Majors (e.g. Business, Economics, Mathematics, or Statistics) are acceptable if accompanied with demonstrated knowledge of Actuarial concepts.
• ASA with 6 or more actuarial exams is required.
• Minimum 3 to 7 years of experience within the life insurance industry, preferably in valuation reporting or related functions.
• Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture" and able to deliver under tight deadlines.
• Strong working experience with GGY AXIS and MS Excel.
• Ability to communicate clearly and concisely with both technical and non-technical audiences.

Nice To Haves

• Working experience with R and Tableau.

Responsibilities

• Support and enhance the actuarial and risk management functions for the International business, with a focus on month-end valuation reporting.
• Conduct mortality studies, in-force data updates, and actuarial modelling.
• Collaborate with business and functional partners on strategic projects and tactical actions.
• Assist teams with model changes, new business reporting, or asset liability modelling.
• Communicate clearly and concisely with both technical and non-technical audiences.

Benefits

• Competitive compensation
• Flexible benefits
• Leaders who support your development through coaching and managing opportunities.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.
• RBC’s discretionary variable compensation program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level