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Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
GRM, Actuarial Analyst Intern
Job Description
What is the opportunity?
The Actuarial Analyst working with the Product Portfolio team provides key technical actuarial assistance in completing and ensuring the integrity of RBCI’s Canadian Life & Health actuarial reporting requirements.
Understand the relationship between the Business Units and Canadian Life & Health Actuarial with an emphasis on the Actuarial Aspects of reserving for Life & Health insurance products
Utilize data to develop advanced analytical models that allow a greater understanding of the costs, benefits, risks and opportunities inherent in Life & Health insurance products.
Learn how to use GGY AXIS software to perform reserve quantifications and assist in month end production.
Develop knowledge and recommend improvements to actuarial valuation process and models.
What will you do?
Complete monthly transaction based reporting for Corporate Actuarial and their partners.
Assist with identifying and implementing improvements to actuarial valuation processes.
Develop and maintain statistical models of valuation data.
Perform experience studies (Lapse, Mortality, Morbidity) and communicate results to management.
Assist in CALM quarterly valuation processes and liability cashflows.
Assist in Year-end reporting, process improvements and other ad-hoc requests.
What do you need to succeed?
Must-have
Basic programming skills for GGY/Axis, SAS, R
Ability to communicate effectively (both oral and written) with all "key relationships"
Experience with Microsoft Word, Access, Excel, Powerpoint
Pursuing a degree in mathematics/statistics/actuarial science or a related field AND successfully writing preliminary exams of the Society of Actuaries
Nice-to-have
Prior Co-op experience in similar roles.
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.
Job Summary
Provides technical analyses and support for the actuarial function or department. Applies complete knowledge, skills, and practices to perform assignments.
Address:
MISSISSAUGA, Ontario, Canada
City:
CAN-ON-MISSISSAUGA
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
Group Risk Management
Job Type:
Student/Coop (Fixed Term)
Pay Type:
Salaried
Posted Date:
2023-09-18
Application Deadline:
2023-10-06
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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