Senior Manager, Insurance Finance Transformation

RBC; Toronto; Hybrid; CAD 90,000 - 140,000; Full time

Job summary

RBC is seeking a finance transformation professional to join our team in Mississauga, with flexibility for the Greater Toronto Area. You’ll partner with Finance, IT and Actuarial to streamline insurance accounting and improve reporting.

You will lead cross‑functional transformation initiatives, drive reporting for insurance performance, optimize processes with automation, and support governance and audit readiness across the function.

Qualifications

• 4–6+ years in finance transformation or finance/actuarial reporting or financial systems implementation in the insurance industry.
• Strong project management skills with experience in large-scale programs/initiatives.
• Strong cross-functional collaboration with ability to present complex topics to finance and IT leaders.

Responsibilities

• Lead transformation initiatives – Drive business requirements, testing, and change management across Finance, Actuarial, IT, and vendor teams while managing risks and timelines
• Drive reporting strategy – Enhance how we measure, report, and disclose insurance product performance and financial results
• Optimize processes – Simplify workflows, reduce manual work, and implement automation with cross-functional teams
• Ensure controls and compliance – Support governance frameworks and prepare audit-ready documentation

Skills

Project management

Cross-functional collaboration

Communication

Education

CPA/CA or actuarial designation OR Masters/PhD in Math/Actuarial/Finance

Tools

GL/Subledger/Accounting Hub

CSM calculators

Policy administration systems

Finance data warehouses

Job description

What is the opportunity?

You will be a valued member of finance transformation team, acting as a business partner and advisor, across financial accounting, performance management and planning and forecasting activities. You'll lead improvements to how we account for and report on insurance products, working with Finance, IT, and Actuarial teams to streamline operations and unlock financial optimization opportunities. This role is based in Mississauga with flexibility for other Greater Toronto Area locations.

What will you do?

As a member of a dynamic multi-functional finance transformation team, you will have the following responsibilities:

• Lead transformation initiatives – Drive business requirements, testing, and change management across Finance, Actuarial, IT, and vendor teams while managing risks and timelines


• Drive reporting strategy – Enhance how we measure, report, and disclose insurance product performance and financial results


• Optimize processes – Simplify workflows, reduce manual work, and implement automation with cross-functional teams


• Ensure controls and compliance – Support governance frameworks and prepare audit-ready documentation

What do you need to succeed?

Must have

• 4-6+ years in finance transformation, or finance/actuarial reporting, or financial systems implementation, within the insurance industry


• 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

• Knowledge of IFRS and experience developing & defining technical IFRS 17 measurement models , accounting requirements and/or implementing downstream reporting.


• Practical experience with GL/Subledger/Accounting Hub, CSM calculators, policy administration systems and finance data warehouses.

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

Additional Job Details

Address

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

INSURANCE

Job Type

Regular

Pay Type

Salaried

Posted Date

2025-11-25

Application Deadline

2026-10-30

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Pay Range

The expected pay range for this position is:

• $90,000.00 - $140,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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.