Actuarial Associate

Job Description

What is the opportunity?

We are looking for an individual with strong understanding of individual insurance products, with focus on permanent life insurance, to join the Product & Pricing Business Development team within RBC Insurance. Ideal candidate should have strong math or actuarial science background, and/or experience in advanced case support for individual clients and small medium sized business owners. This role will partner between product, actuarial pricing and our sales and distribution teams to support insurance advisors and wholesalers to win business in a highly competitive market.

What will you do?

• Development and education of sales concepts to be used by advisors
• Build and maintain insurance illustrations in Excel, or other software applications, to support complex or high net worth client needs
• Work with Product and Pricing teams to build appropriate insurance solutions for target markets
• Collaborate with internal business partners in sales and distribution, and influence external insurance advisors to increase RBCI market share
• Help lead in automation and process improvement initiatives to enhance efficiency of workflows related to illustrations, special quotes and pricing or product exceptions
• Respond regularly to client requests and be able to prioritize importance in order to best serve our client

What will you need to succeed?

Must have

• BSc. in Mathematics, Finance, Actuarial or related fields
• Minimum 3 years of experience with Individual insurance products with a strong attention to detail in mathematical calculations
• Strong working knowledge of MS Office products; primarily Excel
• Ability to work effectively and prioritize in a deadline-oriented environment and communicate effectively (both oral and written)
• Ability to problem solve and recognize opportunities for improvements in processes
• Experience with Power Query, SQL, Tableau, VBA, Python and R
• Solid technical and analytical skills with strong problem-solving ability

Nice to have

• ASA designation

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Work in a dynamic, collaborative, progressive, and high-performing team
• All the tools, training, and team support you need to grow your career
• Flexible work/life balance options
• RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

Actuarial Modeling, Actuarial Services, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Risk Analysis Management, Risk Management

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-10

Application Deadline:

2026-07-24

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$80,000.00 - $115,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.