Associate Director, Group Annuity Pricing (Mississauga)
$95k - $145k per year0000050824 RBC Life Insurance
Job Description The Group Annuity Pricing team seeks an accomplished leader to drive strategic excellence and innovation across the Canadian group annuity pricing function. The role involves shaping pricing strategy, developing next-generation tools and processes, and guiding a collaborative approach to complex transactions with internal and external stakeholders. The successful candidate will combine technical expertise with proven leadership capabilities to inspire teams, drive continuous improvement, and deliver measurable business impact.
Responsibilities People Leadership: train, review, and mentor actuarial staff; build and lead high‑performing teams; establish ambitious goals and foster an inspiring, team‑oriented work environment.
Business Development: meet sales and bottom‑line targets; maintain robust client relationships; negotiate contracts with plan sponsors and consultants; drive enterprise connectivity initiatives.
Client Relationship Management: develop and strengthen reinsurance partnerships and internal cross‑functional relationships; support the Operations team in the proper administration of placed deals; collaborate with legal counsel on contract terms, business procedures, and policy development.
Strategic Initiatives: lead the development and implementation of innovative reinsurance pricing solutions for our group annuity block; oversee contracting, negotiations, and cross‑functional coordination with Risk and Operations partners; contribute to strategic planning and explore emerging technologies, including AI‑driven tools.
Pricing & Market Expertise: lead group annuity pricing transactions from conception through execution; stay current with global longevity trends through research, industry webcasts, and market analysis.
Qualifications Must Have Bachelor's degree in actuarial science, mathematics, statistics, finance, or accounting.
FSA/FCIA designation or ASA with equivalent combined education and experience.
10+ years of life insurance and/or reinsurance experience in pricing or product development.
Strong actuarial modelling and technical skills, including proficiency with GGY Axis and Data, Power BI, Microsoft Word, Excel, Access, and Outlook.
Exceptional time management and organizational skills with a proven ability to prioritize complex tasks and meet deadlines in fast‑paced environments.
Advanced written and verbal communication skills, with the ability to articulately explain technical concepts, draft precise documentation, and collaborate effectively across diverse teams.
Superior customer service skills and a demonstrated ability to be an effective team player.
Ability to synthesize complex market and business data for strategic decision‑making. Nice to Have Knowledge of Group Annuity, Reinsurance, and/or IFRS17.
Prior experience with mortality studies and a strong understanding of mortality trends.
Predictive analytics knowledge.
Experience managing staff.
Experience with AI tools and pricing technology development.
Familiarity with longevity risk and reinsurance market dynamics.
Previous exposure to strategic initiatives and business development.
Experience presenting to senior management and external stakeholders. Benefits Total Rewards program that includes flexible perks, work/life balance, and career development programs, as well as investment and retirement savings plans.
Competitive pay and high‑earning potential.
All tools, training, and team support to grow your career.
Flexible work/life balance options.
Compensation Pay Range: $95,000 – $145,000 annually. Compensation may vary by location. The award includes a discretionary variable compensation program tied to business and individual performance.
Additional Details Address: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR, MISSISSAUGA, Canada
Work hours per week: 37.5
Employment Type: Full time, Regular, Salaried
Posted Date: 2026-06-22
Application Deadline: 2026-07-06#J-18808-Ljbffr
Vacancy posted 5 hours ago
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