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Actuarial Associate – Individual Pricing at RBC Insurance – Drive product profitability and strategic growth.
Apply now to collaborate with valuation, underwriting, and finance teams, and innovate pricing workflows.
Job Description
What is the opportunity?
This role is accountable developing, pricing, monitoring, and preserving the integrity of the profitability of our Creditor, 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 Creditor, Life, Health, and Wealth insurance products. Analyze product profitability, sensitivity, and risk metrics to support strategic decision making
Prepare & review documentation and reports to communicate findings, assumptions, and recommendations effectively
Perform & review model vetting of the Creditor, Life, Health, and Wealth pricing models. Monitor regulatory changes and ensure product compliance with relevant guidelines
Collaborate with and influence internal business partners, including valuation, product management, project management, corporate underwriting, new business operations, customer service, sales, and finance
Participate in automation and process improvement initiatives to enhance efficiency and accuracy in pricing workflows
What will you need to succeed?
Must Have:
- Have achieved the ASA or ACIA designation, and actively pursuing the FSA/FCIA designation
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a relevant field. At minimum 3 years of work experience in an actuarial role
- 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 nontechnical audiences
- Excellent working experience with Moody’s Analytics AXIS, and outstanding working knowledge of MS Excel
- Ability to work well in a team and individually, and mentor junior colleagues as needed
Nice to Have:
- Familiarity with actuarial pricing and valuation methodologies
- Understanding of key regulatory frameworks (i.e., IFRS17, LICAT, etc.)
- Proficiency in programming languages (i.e., VBA, R, etc.)
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
Additional Job Details
Address: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA
City: Mississauga
Country: Canadá
Work hours/week: 37.5
Employment Type: Full time
Platform: INSURANCE
Job Type: Regular
Pay Type: Salaried
Posted Date: 2026-06-16
Application Deadline: 2026-07-30
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.
Pay Range
The expected pay range for this position is: $80,000.00 - $115,000.00
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.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.