Associate Director - Actuarial

RBC • Mississauga, ON

3d • Onsite

About The Position

The Associate Director – Actuarial is a member of the The Process Improvement team within the broader Group Risk Management Insurance department (GRMI). The candidate will provide critical actuarial transformation support and thought leadership across IFRS17 Day 2 implementation, plus improvement initiatives within GRMI. The successful candidate will lead month-end processing and data integrity improvements for GRMI functions as part of the Finance & Actuarial Transformation Program (IFRS17 Day 2). The Associate Director, Process Improvement will lead initiatives within the Finance & Actuarial Transformation Program workstreams, drive data integrity investigations/solutions, evaluate current GRMI processes and develop efficiency tools with the goal of reducing time spent on month end reporting activities, work with cross-functional teams to accomplish overall Program transformation goals. The position offers high visibility and the opportunity to work closely with senior leadership to enhance reporting accuracy, resolve complex technical challenges, and shape future finance and actuarial capabilities.

Requirements

• Bachelor’s degree majoring in Actuarial Science or other relevant Majors (e.g. Mathematics, Statistics, Computer Science, Business, Economics), FSA or close to FSA
• Strong analytical mindset and attention to detail for complex problem solving and investigative work
• Expert user of Microsoft Excel and Power Query, knowledge and work experience with programming language, including but not limited to Python, SQL, R, VBA.
• Experience building in Tableau and/or PowerBI
• Demonstrated leadership in cross-functional collaboration and the ability to project plan and manage multiple, competing priorities in a fast-paced environment
• Knowledge of IFRS 17 Standard and implications to insurance companies
• Excellent oral and written communication skills to convey technical results to non-technical audiences, as well as the ability to deal with ambiguity and flexibility to adapt to change
• Ability and willingness to partner effectively with other actuarial leaders, as well as with leaders of other functional areas

Nice To Haves

• Knowledge of a broad area of Insurance expertise (by product and by function) gained through 6+ years of direct or indirect related work experience and training
• Experience working with Moody's AXIS Actuarial software including EnterpriseLink and GridLink and related system environment

Responsibilities

• Help lead the Finance & Actuarial Transformation workstreams to improve end-to-end reporting process efficiency and accuracy
• Drive problem resolution on IFRS17 issues through deep dive root cause analysis, solutioning, comprehensive testing, process optimization across actuarial functions
• Develop analysis/reconciliation/validation/reporting tools and corresponding documentation that support and enhance GRMI processes and accurate financial reporting
• Operate within an Agile implementation framework, preparing for and participating in program planning sessions, keeping deliverables on track according to implementation timelines
• Collaborate cross-functionally with extended project team, Business as Usual team and senior stakeholders to ensure robust solutions that consider up/downstream implications
• Summarize complex findings into clear, actionable presentations and recommendations for senior leadership and regulatory stakeholders
• Lead and contribute to strategic ad-hoc projects as transformation program evolves, ensuring alignment with enterprise objectives and regulatory requirements

Benefits

• competitive compensation
• flexible benefits
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• 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: Manager