Associate Director - Actuary

Job Description

Job Description What is the Opportunity? Provides technical analyses and support for the actuarial function or department. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments. What will you do? Create and maintain AXIS valuation models for all RBC Insurance lines of businesses Review and investigate AXIS valuation models and other key actuarial processes to provide assurance of model appropriateness Present results of quality assurance reviews to key stakeholders and/or management to enable corrective action where necessary Provide support to internal and external auditors (as potential GRM-I liaison), under the guidance of the manager, during the department’s periodic internal and external audits Assist with the model change management process and enterprise model risk policy that maintain valuation model integrity Liaise with pricing, business, IT and other actuarial & non-actuarial areas within RBCI as needed Involve with IFRS 17 modeling Support projects such as actuarial modeling software conversion, system migration, new funds and so on. What do you need to succeed? Must-have: Extensive working experience with GGY AXIS Excellent written and oral communication skills Strong technical and analytical skills, plus common insurance product knowledge Expert user of Microsoft Word, Access, Excel and SQL Minimum 2 years of actuarial insurance experience with demonstrated knowledge of professional standards of practice Associate of the Society of Actuaries (ASA) Nice-to-have: Other programing knowledge, such as Python and R Experience with life insurance administration systems 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 comprehensive Total Rewards Program include competitive compensation and 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. You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value #LI – POST Job Skills

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