- LOCATION:NONE
Job Summary
Job Description
What is the opportunity?
This role is accountable for developing, pricing, monitoring, and preserving the integrity of the profitability of Universal Life and Participating Whole Life products, with exposure to our other Individual Life 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 Individual Life Insurance products, including our Universal Life and Participating Whole Life products, and other Perm and Term life products
Assist Pricing Actuary in setting assumptions
Responsible for drafting the product's Pricing Report, and providing Pricing Actuary with data/information/analysis required to make business decisions
Perform Life pricing model vetting
Interact with GRM-I to ensure appropriate Risk Management protocols are followed during Pricing & Product Development
Collaborate with internal business partners, which may include Product Management, Project Management, Valuation / Corporate Actuarial, GRM-I, Sales and Finance
Conduct profitability analysis and coordinate approvals for Life Special Quotes
What will you need to succeed?
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, and actively writing SOA exams
ASA Designation, with minimum of 3 to 5 years of relevant work experience
A strong desire to set and exceed challenging goals with high energy and a drive for superior results Excellent communication skills with the ability to effectively influence others as well as present issues, options and recommendations to both technical and non-technical audiences
Excellent working knowledge of MS Excel, VBA, and R is required
Proficient with Moody's Analytics AXIS
Ability to work well in a team and individually
Whats 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
City
Country
Work hours/week
Employment Type
Platform
Job Type
Pay Type
Posted Date
Application Deadline
I
and Equal Opportunity Employment
nclusion
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.
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