Actuarial Analyst, Actuarial Services
Job Summary
Job Description
What is the opportunity?
Actuarial Services provides support to Customer Service, primarily High Net Worth clients regarding Life & Health Insurance policy values and policyholder taxation issues. You should be a strong mathematically oriented individual with the ability to work under tight deadlines to provide accurate and timely values to our clients.
What will you do?
- Provide calculated policy values for High Net Worth clients upon client request
- Provide policyholder taxation calculation for all Life policies
- Be a strong team member for testing of new products with respect to premium calculations, exempt test calculations, policy values
- Recognize issues on the Life administration systems and work with business specialists to resolve
- Respond daily to client requests and be able to prioritize importance in order to best serve our clients
What will you need to succeed?
Must have
- BSc. in Mathematics, Finance, Actuarial or related fields with exposure in applying Information Technology disciplines and techniques, some actuarial exams
- Minimum 1 to 2 years of experience within a testing discipline relating to product and pricing implementations
- 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) with all "key relationships"
- Ability to escalate issues and work to drive resolution
- Apply strong attention to detail in mathematical calculations
Nice to have
- ASA designation
- Ability to deal with ambiguity and flexibility to adapt to change
- Ability to work effectively with team within department and with other departments as project work dictates
- Knowledge of programming language APL is an asset
- Ability to problem solve and recognize opportunities for improvements in processes
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 Skills
Actuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System ApplicationsAdditional 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 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.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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