Actuarial Analyst (Contract)
RBC
Mississauga, ON-
Number of positions available : 1
- Salary To be discussed
- Published on November 21st, 2024
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Starting date : 1 position to fill as soon as possible
Description
Job Summary
Job Description
What is the opportunity?
This role is accountable for reinsurance strategy and developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for RBC Insurance Company.
What will you do?
The role will have a combination of the following responsibilities:
Conduct profitability analysis and coordinate approvals for Life, Health and Wealth products special quotes
Support pricing of Life, Health and Wealth insurance products, including Term, Universal Life, Disability, Critical Illness, Participating Whole Life, Payout Annuity, Segregated Fund
Perform model vetting of the Life, Health and Wealth pricing models
Provide the Pricing Actuary with analysis required to make business decisions
Assist in reinsurance optimization and strategy
Support inforce reinsurance opportunities
Monitor the accelerated underwriting program
What will you need to succeed?
Passed at least 4 SOA exams and actively pursuing the FSA/FCIA designation
Bachelors Degree in Actuarial Science, Mathematics, Statistics
At minimum 1 year of work experience in an actuarial role
Excellent working knowledge of MS Excel, VBA and R is required
Experience with Moodys Analytics AXIS
Ideal candidates have a strong desire to set and exceed challenging goals with high energy and a drive for superior results
Successful candidates will demonstrate excellent communication skills with the ability to effectively influence others as well as present issues, options and recommendations to both technical and non-technical audiences
Ability to work well in a team and individual
Special Conditions
Please note there are 2 contract positions available; 3 months and 12 months. Applicants receiving a prescreen will be considered for both contracts and will be asked if they have a preference.
What's in it for you?
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, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System ApplicationsAdditional Job Details
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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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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