Royal Bank of Canada

Manager, Pension Solutions, Group Annuity Operations

Royal Bank of Canada$67K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in pension administration or consulting, actuarial experience is a plus
  • Strong understanding of pension legislation and calculations
  • Excellent communication, analytical, and organizational skills
  • Proficient in data management with strong analytical abilities
  • Proven track record of initiative and problem-solving skills

Responsibilities

  • Support comprehensive group annuity administration from onboarding to servicing
  • Ensure compliance with regulatory and contractual standards, identifying risks
  • Drive improvements by engaging in process initiatives and system upgrades
  • Verify accuracy in client data integration and plan setups
  • Lead implementation success through client kick-off meetings

Benefits

  • Access to a total rewards package that prioritizes employee wellbeing
  • Collaborative team environment that values diversity and inclusion
  • Leaders committed to employee development and skill enhancement
  • Flexible work arrangements that accommodate personal needs
  • Opportunity to make a positive impact in clients' lives and communities
  • Access to RBCI software tools for enhanced productivity
Full Job Description
Job Description

What is the opportunity?

The Manager, Pension Solutions, Group Annuity Operations plays a vital role in the effective administration of our group annuity business line. You will ensure pension plan and contractual requirements, working proactively with internal stakeholders, plan sponsors, and pension consultants to successfully onboard and implement group annuity deals. This role demands someone who takes initiative, executes with precision, and drives results under the guidance of our team leaders.

What will you do?
  • Support group annuity administration: From onboarding to ongoing group annuity contract servicing including pension calculations and resolving complex administration issues (for example, pension calculations and death processing)
  • Ensure compliance: Work with legal, compliance, and finance to maintain adherence to regulatory and contractual requirements, flagging risks and recommending solutions
  • Drive continuous improvement: Identify and contribute to process improvement initiatives, including testing system upgrades, documenting enhancements, and implementing best practices
  • Execute data integration: Verify new annuity client data and plan provision setup in the administration system, ensuring accuracy and timeliness
  • Own implementation success: Coordinate and participate in kick-off meetings with clients and internal stakeholders, ensuring implementation timelines are met


What do you need to succeed?

Must-have
  • Minimum 5 years of hands-on pension administration or consulting experience, actuarial experience/background is an asset
  • Strong technical knowledge of pension legislation and calculations
  • Excellent analytical, organizational, and communication skills
  • Strong data management background and analytical skills
  • Proven initiative: Track record of taking ownership, solving problems independently, and driving results with minimal supervision


Nice-to-have
  • Bilingualism


What's in it for you? (This is standard in all JD)

Whether it's developing new skills, opportunities to innovate and grow, modern and comprehensive benefits, or the flexibility to enjoy the moments that matter, at RBC you have everything you need at your fingertips to build your career and life.
  • Working with an award-winning team Awards | RBC Diversity & Inclusion
  • A comprehensive Total Rewards package that prioritizes your overall wellbeing, including flexible and modern benefits, competitive compensation and stock options
  • Work where you belong as part of a supportive, inclusive team and company that celebrate your unique perspectives, background and experience and want you to bring your whole self to work, every day.
  • Leaders who are invested in your success and provide opportunities to learn, to grow and to try new things. Develop new skills, sharpen existing ones and explore paths you never knew existed with a host of learning programs and tools designed to support you in every phase of your career.
  • Flexible work arrangements and leaders who support your needs-both personal and professional.
  • An opportunity to have real impact on the lives of our clients and the communities you serve.
  • RBCI software tools to boost your productivity


Job Skills
Benefit Programs, Critical Thinking, Group Problem Solving, Human Resources Policies, Interpersonal Relationship Management, Process Management, Program Management, Risk Analysis, Vendor 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:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-09
Application Deadline:
2026-06-23
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:
$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

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

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

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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