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Full-time
bachelor degree
Competitive Compensation, Flexible Benefits, Coaching and Managing Opportunities, Discretionary Variable Compensation Program
Posted 70d ago
Apply by Sep 5
~38 hrs/week
Responsibilities
The Associate Director provides expertise in actuarial assumptions, methodology, and internal management reports to support strategic initiatives. They are responsible for preparing quarterly and year-end external disclosures and ensuring compliance with IFRS 17 and regulatory standards.
Requirements
Candidates must hold a Bachelor's degree in a quantitative field and be a Fellow of the Society of Actuaries (FSA) or Canadian Institute of Actuaries (FCIA). A minimum of 5 years of insurance experience is required, with IFRS 17 experience preferred.
Full job description
Job Description
What is the Opportunity?
The Corporate Actuarial team plays a critical role in supporting actuarial excellence and strategic initiatives across all lines of RBC Insurance's business. As the Associate Director of Corporate Actuarial, you will provide expertise and support in actuarial assumptions, methodology, external disclosures, and internal management reports under the guidance of the Director, Corporate Actuarial.
What will you do?
Review Actuarial Assumptions and Experience Studies: Support the review and validation of actuarial assumptions across portfolios. Assist in coordinating and executing comprehensive experience studies to ensure assumptions remain appropriate and reflect current business experience and economic conditions.
Consulting Support on Actuarial Methodology: Provide consulting support on actuarial methodology across assigned insurance portfolios. Support methodology enhancements and improvements that strengthen our actuarial practices and analytical capabilities across portfolio teams.
External Disclosures - Quarterly and Year-End: Play a key role in the preparation and delivery of quarterly and year-end external disclosures, including entity financial statements, regulatory disclosures, the Appointed Actuary report, and OSFI Life return. Support the coordination and execution of all disclosure deliverables to ensure full compliance with regulatory requirements and IFRS 17 standards. Analyze and explain liability movements for quarterly and annual reporting cycles, including insurance experience impacts, economic experience, and assumption changes. Ensure accuracy, completeness, and timeliness of all external disclosure materials.
Internal Management Reports: Prepare and coordinate internal management reports including CSM (Contractual Service Margin) roll-forward analysis and Risk Adjustment movement analysis. Provide comprehensive explanations of quarterly and year-end movements in key actuarial metrics to support management decision-making and strategic planning.
Support Company Strategic Initiatives: Partner with portfolio teams and cross-functional stakeholders to support corporate strategic initiatives through actuarial insights, analysis, and recommendations.
Solid Knowledge: Demonstrate solid knowledge of insurance products, features, and risk across business lines (gained through 5+ years of direct or indirect related work experience).
Technical Competency: Possess strong technical and analytical skills with the ability to work on complex actuarial projects in a deadline-oriented environment, particularly during quarterly close and year-end reporting periods.
Regulatory & Standards Compliance: Maintain working knowledge of IFRS 17 standards, regulatory compliance requirements, process controls, Life Insurance law, underwriting principles, and life insurance taxation.
Collaboration & Communication: Support and work effectively with portfolio actuaries and cross-functional teams through effective partnerships, strong communication skills (oral and written), and the ability to adapt to change and competing priorities.
What do you need to succeed?
Bachelor's degree (or greater) in Actuarial Science, or relevant field (Business, Economics, Mathematics, Statistics) with demonstrated actuarial knowledge
Fellow of the Society of Actuaries (FSA) and/or Fellow of the Canadian Institute of Actuaries (FCIA) with 5+ years of insurance experience
IFRS 17 experience preferred
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 include competitive compensation and flexible benefits.
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 high-performing team.
Opportunities to do challenging work.
Opportunities to build close relationships with clients.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC’s high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
#LI – POST
Job Skills
Actuarial Modeling, Actuarial Science, 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:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-15
Application Deadline:
2026-09-05
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.
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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.
Related keywords
Actuarial ScienceIFRS 17FSAFCIAOSFI Life ReturnContractual Service MarginRisk AdjustmentExperience StudiesInsurance FinanceRegulatory DisclosuresAppointed Actuary ReportLiability MovementsCorporate ActuarialFinancial StatementsRisk Management
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
http://rbc.com/legalstuff.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
https://www.rbc.com/conditions-dutilisation/
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How many Finance & Accounting jobs are open in Mississauga, Canada right now?
There are currently 810 open finance & accounting positions in Mississauga, Canada listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Mississauga, Canada?
Companies currently hiring include Citi, RBC, RBCx, CAA Club Group, Intact, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Finance & Accounting jobs in Mississauga, Canada?
Yes — 430 of the 810 open finance & accounting positions offer remote or hybrid work (63 remote, 367 hybrid).
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