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Royal Bank of Canada

Global banking, wealth management, and insurance

Insurance Group Annuity Pricing Actuarial Analyst Intern

Actuarial & Risk ModellingPosted on Nov 9
Internship · Summer 2027Mississauga, ON, CanadaNo salary listedIn-person

About the Job

Requirements

  • Knowledge of Microsoft Word, Excel, Access, and Outlook.
  • Solid technical and analytical skills, with strong problem-solving ability.
  • Strong written and verbal communication skills.

Responsibilities

  • Learn, influence, and innovate across business areas, including sales, marketing, pricing, and negotiations.
  • Create pricing and reinsurance models for complex, high-impact products from an actuarial perspective, including asset strategy discussions with the insurance investment team and liability cash flow management with risk management.
  • Develop the ability to liaise and negotiate with plan sponsors and their consultants to maintain partnerships.
  • Assist in validating key assumptions, gathering and applying market competition information, and using business insights to identify trends and opportunities.
  • Support the operations team to ensure proper administration of placed deals and collaborate with legal counsel on contract wording, business procedures, and policy terms.

Desired Qualifications

  • Actuarial exposure or background.
  • Previous experience with Moody’s/GGY AXIS and Datalink.
  • Knowledge of the Pension Risk Transfer market and/or IFRS 17.
  • Predictive analytics and Tableau knowledge.
  • Knowledge of current longevity trends.
  • French speaking ability.

About the Company

Royal Bank of Canada

Global banking, wealth management, and insurance

What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1864

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