2027 Insurance Group Annuity Pricing, Summer Actuarial Analyst (12 months)

 What will you do?

•    Learn, influence, and innovate end to end aspects of the business ranging from sales and marketing to pricing and negotiations. This role will provide exposure to all areas of business.
•    Create pricing and reinsurance models for complex and high-impact products from an actuarial perspective including asset strategy discussions with RBC Insurance Investment team and liability cash flow management with RBC Risk Management.
•    Develop the ability to liaise and negotiate with plan sponsors and their consultants with the goal of maintaining RBC's strong partnerships.
•    Assist in validation of key assumptions, gathering and applying market competition, and using business insights to identify trends/opportunities.
•    Provide support to operations team to ensure proper administration of placed deals and collaboration with RBC legal counsel on contract wording, business procedures and policy terms.

What will you need to succeed? 

Must Have
•    Knowledge of MS Word, Excel, Access and Outlook
•    Solid technical and analytical skills with strong problem-solving ability
•    Strong written and verbal communication skills
•    Highly motivated self-starter and team player
 
Nice To Have
•    Actuarial exposure/background
•    Previous experience with Moody’s/GGY AXIS and Datalink
•    Knowledge of the Pension Risk Transfer market and/or IFRS17 is a definite asset
•    Predictive analytics and Tableau knowledge
•    Knowledge of current longevity trends
•    French speaking would be an asset

Analytical Thinking, Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGAMississaugaCanada37.5Full timeINSURANCEStudent/Coop (Fixed Term)Salaried2026-11-092026-11-16

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

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.