Senior Manager, Insurance Finance Transformation

RBC; Mississauga; On-site; CAD 85,000 - 110,000; Full time

Job summary

A leading insurance provider in Mississauga seeks a business partner for their finance team to own IFRS 17 processes and collaborate with IT and Actuarial teams. The ideal candidate has extensive experience in finance transformation, insurance accounting, and strong project coordination skills. You will be responsible for driving requirements, enhancing metrics, and optimizing financial workflows. This role offers competitive compensation and opportunities for professional growth.

Benefits

A comprehensive Total Rewards Program including bonuses and flexible benefits

Support for your development through coaching

Dynamic work environment and collaboration

Opportunities for challenging work

Flexible work/life balance options

Qualifications

• 4-6+ years in insurance finance transformation, accounting, or financial systems delivery.
• Knowledge of IFRS 17 technical measurement models, accounting requirements, and implementation.
• Strong project management skills and ability to engage cross-functional teams.

Responsibilities

• Drive requirements, testing, cutover, and change management within various teams.
• Lead the enhancement of requirements for IFRS 17 metrics and accounting policies.
• Direct development of end-to-end system requirements and translate business needs.

Skills

Budget Management

Communication

Financial Planning and Analysis (FP&A)

Organizational Leadership

Process Management

Professional Presentation

Education

Professional accounting designation (CPA, CA, etc.) or actuarial designation (FSA, FCIA, etc.)

Master's or PhD in Mathematics, Actuarial Science, or Finance

Job description

Job Description

What is the opportunity?

You will be a valued member of RBC Insurance CFO team, acting as a business partner and advisor, across financial accounting, performance management and planning and forecasting activities. You will own IFRS 17 processes, policies and day 2 enhancements, including process streamlining, business requirements and automation. You will work collaboratively with other business partners, including IT and Actuarial teams, to identify financial optimization opportunities, and execute on enabling the data, systems and processes to implement new and audit-ready solutions.

What will you do?

• Program delivery, stakeholder and change management

  Drive requirements, testing, cutover and change management within Finance, Actuarial, IT and vendors; identify risks and mitigation to meet project timelines and business objectives.

• Insurance accounting (IFRS 17) technical leadership

  Lead the enhancement of detailed requirements that underpin key IFRS 17 metrics, accounting policies, reporting, calculation rules (GMM/VFA), CSM mechanics and disclosures.

• Systems and integration requirements

  Direct development of end-to-end requirements for GL, subledgers, actuarial outputs, investment systems, policy administration and data lake integrations, including reconciliation rules. Translate business requirements into system specifications and testable acceptance criteria.

• Finance & Actuarial process optimization

  Identify opportunities to simplify workflows, remove manual steps, and implement automation and reporting enhancements to improve efficiency and reduce operational risk while working collaboratively across Finance, Actuarial and IT Functions to identify financial optimization opportunities.

• Controls, compliance and SOX governance

  Support the implementation and review of EUC controls, control requirements and audit trails across models, spreadsheets and systems; prepare/review documentation for auditors.

What doyou need tosucceed?

Must have

• 4-6+ yearsin insurance finance transformation, accounting, actuarial or financial systems delivery with hands-on life insurance products and investments knowledge (e.g. par, universal life, seg funds, etc.).
• Knowledge of IFRS and proven experience developing & defining technical IFRS 17 measurement models (VFA, GMM, PAA), accounting requirements and/or implementing downstream reporting.
• Demonstratedability to produce clear technical system, process and methodology documentation.
• Strong project management skills with experience in large scale programs/initiatives.
• Strong cross-functional collaborator with excellent communication skills, able to present complex technical topics to finance and IT leaders.
• A professional accounting designation (CPA, CA, etc.) or actuarial designation (FSA, FCIA, etc.), or completion of a Master's or PhD in Mathematics, Actuarial Science, or Finance.

Nice to have

• Practical experience with GL/subledger, actuarial valuations, policy administration systems and finance data warehouses.
• Familiarity with Accounting Hub, CSM calculators, modern BI/reporting tools and cloud platforms.
• Financial data architecture experience in canonical models, lineage, ETL/ELT design and reconciliation automation.

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

• Leaders who support your development through coaching and managing opportunities

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Flexible work/life balance options

Job Skills

• Budget Management
• Communication
• Financial Planning and Analysis (FP&A)
• Organizational Leadership
• Process Management
• Professional Presentation

Inclusion and Equal Opportunity Employment

At 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.