Royal Bank of Canada

Job Summary

Job Description

What is the Opportunity?

As the Lead Data Product Manager, Finance at RBC Insurance, you will play a pivotal role in the organization as we look to redefine processes across the Finance and Actuarial functions to transform the employee experience, improve the organization’s operational resilience and surface better financial insights through Data & Technology. You will develop, design and refine a comprehensive and industry leading Finance and Actuarial reporting cycle product which will simplify and streamline the organization’s IFRS17 key business data and reporting process ensuring alignment with our business goals and user needs. As a highly skilled and visionary Director, you will also be responsible for creating the product vision/strategy, creating product roadmaps, and for leading agile teams to develop and deliver exceptional data products that simplify the way RBCI conducts business across Finance and Actuarial, etc. You will leverage both technical acumen in Data, Technology, Finance and Product Management expertise to ensure material execution of our Finance transformation product roadmap through strong collaboration with the business, functional and technical leads.

What will you do?

• Work with Stakeholders across Finance, Actuarial, Product, Digital/Data and Technology to define the business problem a product will solve and the benefits of solving said problem
• Lead a team of strong and proficient product owners
• Lead discovery for key use cases to determine desirability, feasibility, usability and viability in partnership with business stakeholders and technical leads
• Effectively assess potential solution design options (i.e. build, buy, leverage internal capabilities) to determine optimal product design
• Effectively convey/communicate the product vision to the scrum teams, all stakeholders, and interested parties
• Collaborate and liase with key business partners and stakeholders in the Digital and Data, Business, Finance, and Actuarial, etc. to conduct discovery, develop business cases and OKRs.
• Work with technical lead to translate road map components into technical elements for sprint planning
• Work with technical lead to understand delivery timelines, inhibitors to release, and work to overcome blockers
• Collaborate with Product Owners, Delivery team, and other team members/stakeholders to identify and execute agile change management and adoption and integration activities
• Develop consistent metrics for a group of products and their rationale for measuring success of the solutions (e.g. ROI), as well as the reporting methodology to track value realization.
• Evaluate business value achieved versus plan for the product and communicating outcomes to leadership & stakeholders

What do you need to succeed?

Must-have:

• Leadership Experience: At least 10-15 years of experience in the Insurance sector, with a minimum of 10 years in leadership roles.
• Financial Accounting Expertise: Strong understanding of IFRS-17 Financial accounting and reporting within the Insurance industry, including data and modelling inputs and outputs.
• Product Management Skills: CSPO certification and proven experience in product management, with a focus on guiding agile teams.
• Agile Methodologies: Experience working with Kanban and Sprint methodologies, as well as Agile delivery principles.
• Stakeholder Management: Strong stakeholder management skills, with the ability to communicate effectively with both technical and non-technical audiences.
• Education: BBA, BSc, or an equivalent qualification.

Nice-to-have

• Data and Analytics Expertise: Demonstrated understanding of data pipelines, ELT processes, cloud-based data platforms, data modeling, BI tools, and data governance frameworks.
• Advanced Education: MBA or MSc degree is highly desirable.

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 and enterprise software tools and technologies to boost your productivity.

RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

Agile Methodology, Communication, Critical Thinking, Data Analysis, Finance, Financial Regulation, Interpersonal Relationship Management, Leadership, Product Development Lifecycle, Product Development Methodology, Product Management, Product Services, Results-Oriented

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:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-14

Application Deadline:

2025-05-28

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

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.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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