Associate Director, Group Annuity Pricing

Royal Bank of Canada View all jobs

Mississauga, ON
$95,000-145,000 per year
Permanent
Full-time

5 days ago

Job DescriptionWhat is the opportunity?The Group Annuity Pricing team is looking for a senior staff member to help lead the strategy and management of reinsurance and in-force business for the Canadian group annuity business. This position will work with external reinsurers on large, complex transactions as well as developing processes and tools required to manage in-force business.What will you do?

Build and lead high-performing teams by establishing ambitious goals and fostering an inspiring, collaborative work environment

Meet sales and bottom-line targets while maintaining strong client relationships and negotiate contracts with plan sponsors and consultants

Develop and strengthen reinsurance partnerships and internal cross-functional relationships

Lead the development and implementation of innovative reinsurance pricing solutions for our group annuity block of business, oversee contracting, negotiations, and cross-functional coordination with Risk and Operations partners to ensure successful transaction implementation

Contribute to strategic planning and explore emerging technologies, including AI-driven tools, to enhance our offerings

Stay current with global longevity trends through research, industry webcasts, and market analysis

What will you need to succeed?Must Have

Bachelor's degree in actuarial science, mathematics, statistics, finance, or accounting

FSA/FCIA designation or ASA with equivalent combined education and experience

10+ years of life insurance and/or reinsurance experience in pricing or product development or knowledge of Group Annuity, Reinsurance, and/or IFRS17

Strong actuarial modelling and technical skills, including proficiency with GGY Axis, DataLink, Power BI, MS Word, Excel, Access, and Outlook

Effective time management skills

Ability to synthesize complex market and business data for strategic decision-making

Nice to Have

Prior experience with mortality studies and strong understanding of mortality trends

Predictive analytics knowledge

Experience managing staff

Experience with AI tools and pricing technology development

Familiarity with longevity risk and reinsurance market dynamics

Experience presenting to senior management and external stakeholders

What's 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

RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.Job Skills Actuarial Modeling, Actuarial Services, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System ApplicationsAdditional Job DetailsAddress: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity: MississaugaCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: INSURANCEJob Type: RegularPay Type: SalariedPosted Date: 2026-04-10Application Deadline: 2026-05-01Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveCompensation 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 RangeThe expected pay range for this position is: $95,000.00 - $145,000.00The 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.Our Employment OpportunitiesAt RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay 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 .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.

Royal Bank of Canada

Apply Now