Actuarial Analyst - Mississauga, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Mississauga, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
Actuarial Analyst

What is the opportunity?

This position has the responsibility for providing technical support in the pricing model development for Request For Quotation (RFQ) for the Pension & Longevity Solutions International Reinsurance team, providing recommendations to RBC Insurance Company Ltd (RBCICL) on the accuracy and risk assessment for International Pension Derisking Longevity Reinsurance products.

The position requires strong knowledge of Moody Analytics software Axis (Annuity module) and Datalink, provide analytic support for the completion of the pricing documentation, scenario testing for new business opportunities, and developing capabilities assessment, documentation and presentation of Pension Derisking mortality experience studies.

What will you do?

Analyze, model, and quantify potential risks associated with the RFQ for International Longevity Reinsurance Axis model development
Develop the pricing model or mortality experience studies, providing documented recommendations to internal stakeholders and RBCICL

What will you need to succeed?
Must Have

Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Finance or Accounting, completion of a minimum of 3 actuarial exams, and actively pursuing an ASA/ACIA designation
1 to 2 years of actuarial industry experience in either a pricing, product development or valuation role
Effective time management skills
Strong written and verbal communication skills

Nice To Have

Working experience with R languages, Tableau, and SAS.
Knowledge of Pension Derisking Group Annuity is a definite asset.

Job Summary

Address:

MISSISSAUGA, Ontario, Canada

City:

CAN-ON-MISSISSAUGA

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Insurance

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion
and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth.

We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

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