2025 Insurance, Fall Actuarial Analyst (4-16 months)
2025 Insurance, Fall Actuarial Analyst (4-16 months)
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Summary
Job Description
Your application will be reviewed for consideration across multiple positions with responsibilities aligned to those described in this job posting.
What is the opportunity
As an Actuarial Coop Student you will receive an excellent opportunity to gain handson experience with realworld business problems be challenged to resolved complex tasks and provided with valuable onthejob trainings. This role will offer you an exciting opportunity to be part of the largest bank owned insurance company in Canada; you will apply enhance and develop experience and working knowledge to perform a combination of challenging tasks and operational assignments. RBC Insurance offers a very inclusive team that works cohesively together which is integral to the success of continuing to grow all lines of business. We commit to formally structured access to leaders across our actuarial teams and other business areas to ensure you are learning all aspects of insurance and are prepared for a successful and rewarding career.
What will you do
Learn influence and innovate end to end aspects of the business ranging from sales to pricing and valuation to risk & capital. These roles will offer opportunities to gain exposures to all areas of business.
Creating pricing and valuation models for complex and highimpact products from an actuarial perspective including but not limited to asset strategy discussions with RBC Insurance Investment team and liability cash flow management with RBC Risk Management.
Assist in validation of key assumptions gathering and applying market competition and using business insights to identify trends/opportunities.
Using software like AXIS R SQL and MS Excel to produce and analyze results communicate findings to respective stakeholders to obtain their approvals.
Develop maintain and enhance new and existing tools to better streamline processes.
Collaborate with fellow actuarial and nonactuarial colleagues to achieve success.
Conduct monthly/quarterly valuation reporting and communicate results and findings to management.
Model and analyze Special Quotes to better serve our clients needs.
Support monthly/quarterly capital measurement analysis and reporting.
What do you need to succeed
Must have
Knowledge of MS Office Suite
Solid technical and analytical skills with strong problemsolving ability
Strong written and verbal communication skills
Highly motivated selfstarter and team player
Nice to have
Pursuing a university degree in Actuarial Science Finance Statistics or Mathematics
Actuarial exposure/background
23 CAS/SOA exams completed
Previous experience with Moodys/GGY AXIS
Knowledge of IFRS17 predictive analytics and Tableau are definite assets
Programing experience in R VBA and SQL
Please note:
In order tobe eligible for these student positions you must either:
Bereturning backto school after the work term enddate; or
If you are not returning back to school ( graduating immediately after the work term) you must require the full work term as a mandatory component in order to graduate successfully
Whats 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.
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic collaborative progressive and highperforming team
Flexible work/life balance options
RBC Insurance is an organization that succeeds by bringing out the best in its people. Youll 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
Additional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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 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.
Join our Talent Community
Stay intheknow about great career opportunities at RBC. Sign up and get customized info on our latest jobs career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the wellbeing of our clients and communities at .
Required Experience:
IC
Employment Type
Full-Time
