2025 Winter - GRM, Actuarial Analyst Intern (8 Months)
RBC
Date: 2 weeks ago
City: Mississauga, ON
Contract type: Full time
Job Summary
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.
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?
Assist in IFRS17 valuation process and actuarial financial reporting
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 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.
RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.
ET25
Job Skills
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
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:
GROUP RISK MANAGEMENT
Job Type:
Student/Coop (Fixed Term)
Pay Type:
Salaried
Posted Date:
2024-10-07
Application Deadline:
2024-10-19
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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</a/span>
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
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?
Assist in IFRS17 valuation process and actuarial financial reporting
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 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.
- Network and build lasting relationships with students from diverse backgrounds from across Canada
- Participate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balance
- Leaders who support your development through coaching and learning opportunities
- Work in a dynamic, collaborative, progressive and highly performing team
- Ability to make a difference and lasting impact
- Enjoy a comfortable work environment with the option to dress casually
- Be returning back to school after the work term end-date of August 2025 ; or
- If you are not returning back to school (i.e. are graduating in August 2025), you must require the full 8-months work term as a mandatory component to in order to graduate successfully.
- Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.
RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.
ET25
Job Skills
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
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:
GROUP RISK MANAGEMENT
Job Type:
Student/Coop (Fixed Term)
Pay Type:
Salaried
Posted Date:
2024-10-07
Application Deadline:
2024-10-19
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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</a/span>
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Assistant to Senior Manager Communications and Public Engagement
Peel District School Board,
Mississauga, ON
CA$57,408
-
CA$71,760
per year
1 day ago
The Peel District School Board (PDSB) is a racially, culturally and linguistically diverse board that serves 155,000+ students and approximately 17,000 employees. In PDSB, 87% of students are racialized, non-white, representing 162 different ethnic backgrounds. Students in Peel have 121 different first languages. Student diversity also exists in terms of gender and gender expression, sexuality and in terms of ability...
Electrician
Cascades,
Mississauga, ON
1 day ago
Welcome home! Your Challenge!Our Mississauga Cascades Containerboard facility has an opening for a Licensed Electrician, preferably 442A licensed OR 309A with a significant industrial/manufacturing background.Why Work for Cascades?After successful completion of the probationary period, we will provide you with: comprehensive health and dental plan vision care pension plan with company match on voluntary contributions bi-annual profit-sharing payments life insurance short...
Sessional Lecturer - EDS310H5S Education in a Global Context
University of Toronto,
Mississauga, ON
CA$9,457.9
per year
1 day ago
Job Posting Sessional Lecturer - EDS310H5S Education in a Global Context
This job is posted in accordance with the CUPE 3902 Unit 3 Collective Agreement.
Course number and title:
EDS310H5 S Education in a Global Context
Course description:
This course invites students to explore, analyze and compare educational themes and topics within a global context. Using leading frameworks of transformative...