drjobs Associate Director, Individual Pricing

Associate Director, Individual Pricing

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1 Vacancy
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Job Location drjobs

Mississauga - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Summary

Job Description

What is the opportunity

Join our Individual Pricing team as an Associate Director where you will take a lead role in pricing and optimizing the participating whole life product suites. This position offers the chance to apply your actuarial expertise to shape sustainable and competitive product solutions in a dynamic market. Work closely with cross-functional teams and contribute to meaningful projects that directly impact business growth.

What will you do

Lead the development and pricing of Par Whole Life products ensuring alignment with company objectives and regulatory requirements

Work as one Pricing team lead various initiatives and projects for other individual insurance product lines as required

Conduct profitability analysis sensitivity testing and risk assessments to support strategic decision-making

Manage projects related to product pricing ensuring deliverables are met and expectations are effectively communicated

Collaborate with product development Valuation sales and underwriting to design competitive product offerings

Monitor industry trends and emerging risks to inform product innovation and development

Provide guidance and mentorship to junior team members fostering their professional growth

What will you need to succeed

Must Have Qualifications:

Bachelors Degree in Actuarial Science Mathematics Statistics or a relevant fields and actively writing actuarial exams

Minimum 5 years of actuarial work experience in Pricing Product development or related fields with strong understanding of participating whole life insurance products

Ability to explain complex actuarial concepts and solutions to non-technical stakeholders clearly and effectively

Knowledge of regulatory frameworks and financial reporting standards such as IFRS 17 and LICAT

Familiarity with actuarial valuation pricing methodologies and insurance assumptions

Proficiency in programming languages (e.g. VBA)

Proficiency in actuarial modeling software (e.g. Moody AXIS)

Nice to Have Qualifications:

FSA Designation

Familiarity with reinsurance and risk management practices

Demonstrated leadership and mentorship experience in managing or supporting a team

Whats in it for you

A Total Rewards program that includes flexible benefits work/life balance and career development programs and investment and retirement savings plans

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

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

Actuarial Modeling Actuarial Services Coaching Others Customer Success Industry Knowledge Insurance Finance and Actuarial Concepts Probability Theory Risk Analysis Management Risk Management System Applications

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:

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.

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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 .


Required Experience:

Director

Employment Type

Full-Time

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