Actuarial Analyst, Life, Health & Wealth Pricing

Job title: Actuarial Analyst, Life, Health & Wealth Pricing

Job description: What is the opportunity?

This role is accountable for developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for RBC Insurance Company.

What will you do?

• Perform pricing and product development of Life, Health and Wealth insurance products, including our Term, Universal Life, Disability, Critical Illness, Participating Whole Life, Payout Annuity, Segregated Fund and other products

• Conduct profitability analysis and coordinate approvals for Life, Health and Wealth products’ special quotes

• Perform model vetting of the Life, Health and Wealth pricing models

• Provide the Pricing Actuary with analysis required to make business decisions

• Collaborate with internal business partners, which may include Product Management, Valuation / Corporate Actuarial, GRM-I, Sales and Finance

What will you need to succeed?

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics and actively writing SOA exams

• Ideal candidates have a strong desire to set and exceed challenging goals with high energy and a drive for superior results

• Successful candidates will demonstrate excellent communication skills with the ability to effectively influence others as well as present issues, options and recommendations to both technical and non-technical audiences

• Excellent working knowledge of MS Excel, VBA, SAS and R is required

• Experience with Moody’s Analytics AXIS

• Ability to work well in a team and individually

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
City: Mississauga
Address: 6880 Financial Dr
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Entry Level
Pay Type: Salaried
Position Level: PL09
Required Travel(%): 0
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 12/22/2021
Req ID: 434522

Company: Royal Bank of Canada

Expected salary:

Location: Mississauga, ON

Job date: Fri, 10 Dec 2021 01:26:45 GMT

Job Source: Careerjet.ca

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