Actuarial Associate Director
Royal Bank of Canada
The Associate Director - Living Benefits Inforce Management will lead in analyzing, evaluating and improving EBS reporting under IFRS17 valuation process for Living Benefits portfolio, include products such as Individual Disability Insurance, Group Insurance, and Travel Insurance. Other responsibilities may include working on special projects to improve profitability of the Living Benefits portfolio; The role offers high visibility and the opportunity to work closely with senior leadership to shape future direction and priorities.
Understanding IFRS17 financial reporting process for all products under living benefits, identifying areas of improvements and participate in projects to improve efficiency /better understanding of EBS results
Lead other projects including experience studies, special quotes/projects supporting living benefits portfolio
Directing the use of actuary tools and models for ensuring actuary outcomes comply with established standards.
audit requests; Excellent written and verbal communication skills to convey technical results to non-technical audiences
Proven ability to collaborate in a team environment and manage competing priorities
Undergraduate degree in Actuarial Science or a related discipline
Proficiency in one or more Languages/Technologies like Python, SQL, SAS, R, VBA, Tableau.
Fellow of Society of Actuaries (FSA) or close to FSA exam progress.
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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Actuarial Modeling, Actuarial Services, Coaching Others, Customer Success, Industry Knowledge, Insurance Finance and Actuarial Concepts, Probability Theory, Risk Analysis Management, Risk Management, System Applications
Full time Platform:
GROUP RISK MANAGEMENT Job Type:
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.
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