Actuarial Analyst, Business Development
Actuarial Analyst, Business Development
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1 Vacancy
Job Description
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 financial planning for high net worth 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
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
Knowledge of programming language APL is an asset
Proficiency in programming languages (i.e. VBA R etc.)
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.
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. 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 Critical Thinking Industry Knowledge Insurance Finance and Actuarial Concepts Multi-Level CommunicationAdditional 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 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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Required Experience:
IC
Employment Type
Full-Time
