Actuarial Associate, GRMI International

RBC; Mississauga; On-site; CAD 85,000 - 120,000; Full time

Benefits offered by this job

Total rewards program

Flexible benefits

Bonuses and stock where applicable

Leadership development

Work-life balance options

Job summary

RBC in Mississauga is seeking an actuarial professional to support IFRS 17 reporting for international product lines. You will assist in monthly, quarterly, and annual actuarial processes and analyze earnings movement in contracts assets and liabilities.

The role emphasizes risk management, including hedge effectiveness tests, ALM assessment, and sensitivity analysis, along with experience studies and data updates. A strong foundation in actuarial concepts is expected with ASA/ACIA.

Qualifications

• Bachelor’s degree in Actuarial Science or related field with actuarial concepts knowledge.
• ASA/ACIA designation or near ASA.
• Minimum 2 years actuarial experience with IFRS 17 knowledge.
• Working experience with Moody’s AXIS system.

Responsibilities

• Support actuarial financial reporting for international product lines monthly, quarterly, and annually.
• Explain earnings by source and movements in insurance contract assets and liabilities.
• Support risk management functions: hedge tests, ALM assessment, and sensitivity analysis.
• Contribute to in-force extract data updates and annual experience studies.
• Assist in various actuarial projects as they arise.

Skills

Actuarial Modeling

Actuarial Services

Critical Thinking

Industry Knowledge

Insurance Finance

Actuarial Concepts

Multi-Level Communication

Probability Theory

Risk Analysis Management

Risk Management

System Applications

Education

Bachelor’s degree in Actuarial Science

ASA/ACIA designation or near ASA

Tools

Moody’s AXIS

Job description

Job Description

WHAT IS THE OPPORTUNITY? The successful incumbent will support IFRS 17 actuarial reporting and risk management for the product lines under the International business.

WHAT WILL YOU DO?

• Support actuarial financial reporting for the international product lines to ensure effective completion of monthly, quarterly, and annual actuarial processes.
• Perform comprehensive analysis in explaining earnings by source and movements in insurance contract assets and liabilities.
• Support risk management functions, including hedge effectiveness tests, ALM assessment, and sensitivity analysis.
• Contribute to in-force extract data updates and annual experience studies.
• Assist in various actuarial projects as they arise.

WHAT DO YOU NEED TO SUCCEED?

Must-Have

• Bachelor’s degree (or above) majoring in Actuarial Science. Other relevant majors are acceptable if accompanied by demonstrated knowledge of Actuarial concepts.
• ASA/ACIA designation or near ASA.
• Minimum 2 years of actuarial experience with knowledge of IFRS 17 requirements.
• Working experience and familiarity with Moody’s AXIS system.
• Exceptional analytical and problem-solving skills, take initiatives and accountability in addressing issues in actuarial results by collaborating with relevant stakeholders.
• Ability to communicate clearly with both technical and non-technical audience.

Nice-to-Have

• Working experience with R, Tableau, and SQL queries

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

Job Skills

Actuarial Modeling, Actuarial Services, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, 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: 2026-07-16

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.