Senior Actuarial Analyst, GRMI International
City : MISSISSAUGA, Ontario, Canada
Category : Technology | Analytics | Research
Industry : Financial/Banking
Employer : RBC
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Job Title
Job Description
What is the opportunity?
Reporting to the Director Actuary, GRMI International, the successful incumbent will be responsible to support actuarial reporting, risk management, and IFRS 17 transformation for the reinsurance product lines. This is a role with various exposures and may also have the opportunity to train and coach junior staffs
What will you do
Support and enhance the actuarial and risk management functions for the Reinsurance product lines, including but not limited to: month-end valuation and reporting, in-force data updates, and actuarial modelling
Lead merge files / in-force extracts update for the Reinsurance product lines, including data cleansing, data analyzing, and AXIS implementation
Support IFRS 17 transformation and implementation, including production of comparative runs, enhancement of downstream reporting and analysis, process improvement, etc.
Work closely with the business and other functional partners on strategic projects and tactical actions including business planning and forecasting
Contributed as needed to annual experience studies and other projects as they arise
What do you need to succeed?
Must Have
- Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant Majors (e.g. Business, Economics, Mathematics, or Statistics) are acceptable if accompanied with demonstrated knowledge of Actuarial concepts
- ASA with 6 or more actuarial exams is required
- Actuarial/insurance experience of 3 or more years with demonstrated knowledge of professional standards of practice, the legislative environment and industry best-practices
- Strong analytical and problem-solving skills, with the ability to be an innovative thinker and understand the "big picture"
- High energy, results-oriented self-starter with the ability to achieve under tight deadlines in a rewarding and fast-paced environment
- Strong working experience with GGY AXIS and MS Excel
- Ability to communicate clearly and concisely with both technical and non-technical audiences
Nice-to-Haves
- Working experience with Power BI, R or Tableau
- Working experience with IFRS 17
- Experience working with team located in multiple countries
What’s 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
Job Summary
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