Actuarial Analyst

What is your opportunity?

As an Actuarial Analyst, you will support the valuation, reporting, and analysis of Participating products and Segregated Fund products. This is a great opportunity to gain hands-on experience with IFRS 17, actuarial modeling, and product performance monitoring in a collaborative and fast-paced environment.

What will you do?

• Supporting and enhancing the actuarial and risk management functions for participating life and Seg Fund blocks. This includes support for month-end valuation and reporting, mortality studies and actuarial modelling.
• Working with the business and other functional partners on strategic projects and tactical actions, and assist these areas in achieving their goals
• Support regulatory changes, for example, IFRS 17 enhancements.
• Preparing, distributing and helping interpret actuarial or financial reports for internal and external use.
• Participating in projects involving product development, pricing, reserving and reinsurance issues.
• Gathering and analyzing relevant data from a variety of sources using multiple actuarial tools and techniques.
• Assisting in implementing policies and practices for the design and pricing of insurance financial products.

What will you need to succeed?

Must Have:

• 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
• Completion of 2 or more actuarial exams (SOA or equivalent).
• Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture"
• High energy, results-oriented self-starter with the ability to achieve under tight deadlines in a rewarding and fast-paced environment
• Proficiency in Excel; exposure to AXIS, Python, R, or SQL is an asset
• Ability to communicate clearly and concisely with both technical and non-technical audiences
• Eagerness to learn and grow in a dynamic actuarial role

Nice-to-Haves:

• Working experience with Power BI, R or Tableau
• Experience working with teams across different platforms

What's in it for you?

• 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
• Flexible work/life balance options
• Sophisticated RBCI software tools to boost your productivity

Job Skills

Actuarial Modeling, Actuarial Science, Actuarial Services, Analytical Thinking, Critical Thinking, IFRS 17, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Reinsurance, Risk Analysis, Risk Analysis Management, Risk Management, Structured Query Language (SQL), System Applications, Tableau (Software)

Additional Job Details

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA MISSISSAUGA Canada 37.5 Full time GROUP RISK MANAGEMENT Regular Salaried 2025-07-21 2025-08-09

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.