Actuarial Analyst, CALM Valuation Process, GRM
Job Overview
Job title: Actuarial Analyst, CALM Valuation Process, GRM
Job description: What is the opportunity?
Reporting to the Director, Actuarial & Risk Management within GRMI (Group Risk Management – Insurance), the incumbent will be part of a dynamic team managing the modelling of the Company’s asset portfolio and CALM valuation. This roles supports the team on various ALM strategy modelling and analysis.
What will you do?
- Assist in economic assumption study and implementation in AXIS
- Assist in investment strategy analysis and implementation in CALM model
- Assist in the production of the quarterly CALM valuation process including asset data checking and reconciliation
- Quantify ALM trades and their impact on earnings and interest rate risk profile
- Consolidate and analyze liability cash flow on a monthly basis to determine asset demand with investment
- Assist with identifying and implementing improvements to existing processes
What will you need to succeed?
Must have
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics
- Actively pursuing an ASA/ACIA designation with minimum 3-4 exams
- Experience with AXIS/Datalink, MS Access and Excel
- Successful candidates will demonstrate 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
Nice to have
- Asset/Reinvestment AXIS module experience is definitely an asset
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
- Sophisticated RBCI software tools to boost your productivity
JOB SUMMARY
City: Mississauga
Address: 6880 Financial Dr
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Entry Level
Pay Type: Salaried
Position Level: PL09
Required Travel(%): 0
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 11/23/2021
Req ID: 430061
Company: Royal Bank of Canada
Expected salary:
Location: Mississauga, ON
Job date: Thu, 11 Nov 2021 02:51:45 GMT
Job Source: Careerjet.ca