Royal Bank of Canada

Director, Corporate Actuarial

Royal Bank of Canada$120K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science or relevant field (Business, Economics, Mathematics, Statistics)
  • Fellow of the Society of Actuaries (FSA) and/or Fellow of the Canadian Institute of Actuaries (FCIA)
  • 10+ years of experience in insurance
  • Advanced knowledge of insurance products and risk across multiple business lines
  • Experience with IFRS 17 preferred

Responsibilities

  • Lead the annual review and validation of actuarial assumptions across all portfolios
  • Provide consulting support and influence on actuarial methodology for insurance portfolios
  • Oversee and coordinate delivery of financial statements and regulatory disclosures
  • Partner with leadership to support corporate strategic initiatives with actuarial insights
  • Maintain expertise in regulatory compliance, including IFRS 17 standards and life insurance law
  • Support and influence portfolio actuaries through effective collaboration and communication

Benefits

  • Comprehensive Total Rewards Program with flexible benefits
  • Supportive leaders focused on your development through coaching
  • Opportunities to make a lasting impact
  • Work within a dynamic and high-performing team
  • Challenging work opportunities
  • Build strong relationships with clients
Full Job Description
Job Description

What is the Opportunity?

The Corporate Actuarial team plays a critical role in supporting actuarial excellence and strategic initiatives across all lines of RBC Insurance's business. As the Director of Corporate Actuarial, you will provide leadership and expertise in actuarial assumptions, methodology, external disclosures, and strategic business initiatives. In this role, you will drive innovation through robust actuarial review processes, enhance our methodological frameworks, and ensure regulatory compliance.

What will you do?
  • Review Actuarial Assumptions and Experience Studies: Lead the annual review and validation of actuarial assumptions across all portfolios. Oversee comprehensive experience studies to ensure assumptions remain appropriate and reflect current business experience and economic conditions.
  • Consulting Support on Actuarial Methodology: Provide expert consulting support and influence on actuarial methodology across all insurance portfolios. Champion methodology enhancements and improvements that strengthen our actuarial practices and analytical capabilities across portfolio teams
  • External Disclosures: Oversee and coordinate the delivery of entity financial statements and regulatory disclosures, including the Appointed Actuary report, OSFI Life return, and other actuarial reports. Ensure full compliance with regulatory requirements and IFRS 17 standards. Analyze and explain liability movements, including insurance experience impacts and assumption changes.
  • Support Company Strategic Initiatives: Partner with senior leadership and portfolio teams to support corporate strategic initiatives through actuarial insights, analysis, and recommendations that drive organizational success.
  • Advanced Knowledge: Demonstrate advanced knowledge of insurance products, features, and risk across multiple business lines (gained through 10+ years of direct or indirect related work experience).
  • Regulatory & Standards Compliance: Maintain expertise in IFRS 17 standards, regulatory compliance requirements, process controls, Life Insurance law, underwriting principles, and life insurance taxation.
  • Collaboration & Influence: Support and influence portfolio actuaries and cross- functional teams through effective partnerships, strong communication skills (oral and written), and the ability to adapt to change and competing priorities.


What do you need to succeed?
  • Bachelor's degree (or greater) in Actuarial Science, or relevant field (Business, Economics, Mathematics, Statistics) with demonstrated actuarial knowledge
  • Fellow of the Society of Actuaries (FSA) and/or Fellow of the Canadian Institute of Actuaries (FCIA) with 10+ years of insurance experience
  • IFRS 17 experience preferred


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.
  • A comprehensive Total Rewards Program include competitive compensation and flexible benefits.
  • Leaders who support your development through coaching and managing opportunities.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunities to do challenging work.
  • Opportunities to build close relationships with clients.


You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high-performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value


#LI - POST

Job Skills
Actuarial Modeling, Actuarial Science, Actuarial Services, Coaching Others, Customer Success, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management

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:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-15

Application Deadline:

2026-09-05
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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