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Associate Director – Strategic Initiatives

Associate Director – Strategic Initiatives

CompanyRoyal Bank of Canada
LocationMississauga, ON, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Strong analytical mindset and attention to detail for complex problem solving and investigative work
  • Extensive experience with GGY AXIS and familiarity with insurance product modeling and valuation
  • Solid understanding of SegFund or PAR products and related actuarial considerations
  • Knowledge of IFRS 17, including the Variable Fee Approach (VFA) and its application to relevant products
  • Excellent written and verbal communication skills to convey technical results to non-technical audiences
  • Demonstrated leadership in cross-functional collaboration and the ability to manage multiple, competing priorities in a fast-paced environment
  • Undergraduate degree in Actuarial Science or a related discipline
  • FSA or close to FSA

Responsibilities

  • Lead collaboration with the portfolio directors and cross-functional teams to investigate and resolve issues related to SegFund and PAR product, including but not limited to CSM emergence, profitability, and AXIS model enhancement
  • Provide actuarial analysis and insights to support resolution of identified product issues
  • Drive strategic initiatives that improve product sustainability and ensure alignment with regulatory and policyholder expectations
  • Conduct scenario analysis, modeling, and sensitivity testing using GGY AXIS and other actuarial tools
  • Summarize findings and recommendations into clear, actionable presentations for senior leadership
  • Lead and contribute to ad-hoc projects as the strategic program evolves

Preferred Qualifications

    No preferred qualifications provided.