Senior Director Finance & Actuarial Transformation

Job Description

What is the opportunity?

As the Senior Director, Finance & Actuarial Transformation, you will lead the end-to-end delivery execution of the finance & actuarial transformation initiative, ensuring compliance with the International Financial Reporting Standard (IFRS 17) while driving operational excellence and strategic alignment. This role requires a seasoned leader with deep expertise in financial reporting, actuarial processes, and large-scale transformation programs. You will be responsible for managing cross-functional teams, mitigating risks, and delivering measurable outcomes that align with organizational goals and regulatory requirements.

This is a high-impact role that demands a results-oriented leader with a proven track record in delivering complex financial and actuarial transformation initiatives, particularly in the context of IFRS 17 implementation.

What will you do?

• Lead the successful delivery of the IFRS 17 transformation initiative, ensuring all project milestones, timelines, and deliverables are met.

• Develop, maintain and execute a comprehensive program roadmap, aligning with the organization’s strategic objectives and regulatory deadlines.

• Act as the primary point of accountability for the Finance & Actuarial Transformation program, providing regular updates to head of transformation, senior executives, the CFO, Chief Actuary, and other key stakeholders.

• Foster a culture of collaboration, innovation, and accountability across cross-functional teams, including Finance, Actuarial, Risk, IT, and external consultants.

• Oversee the design, development, and implementation of IFRS 17-compliant financial reporting processes, systems, and controls.

• Ensure the seamless integration of program requirements into the organization’s financial and actuarial operating models.

• Drive the implementation of automation and process optimization initiatives to enhance the efficiency and accuracy of IFRS 17 reporting.

• Monitor and manage program risks, dependencies, and issues, ensuring timely resolution and minimal disruption to business operations.

• Communicate complex technical concepts and regulatory requirements in a clear and concise manner to non-technical stakeholders.

• Define and track key performance indicators (KPIs) to measure the success of the transformation initiative.

• Provide regular progress reports, including financial impacts, risk assessments, and key achievements, to the executive leadership team

What do you need to succeed?

Must-Have:

• 10+ years of experience in financial reporting, actuarial transformation, or related fields within the insurance or financial services industry.

• Proven experience leading IFRS 17 implementation or similar regulatory transformation initiatives.

• Proven delivery experience in supporting a project management office with strategic mindset on governance & operating models.  

• Strong knowledge of International Financial Reporting Standards (IFRS), particularly IFRS 17.

• Expertise in financial reporting, actuarial modeling, and data management.

• Demonstrated success in delivering large-scale, cross-functional transformation programs.

• Professional accounting or actuarial designation (e.g., CPA, CA, FSA, FCIA

Nice-to-Have:

• Experience with financial systems and tools (e.g., SAP, Oracle, or other ERP systems).

• Familiarity with data visualization tools (e.g., Tableau, Power BI) for reporting and analytics.

• Experience in change management and training delivery.

• Knowledge of other regulatory frameworks (e.g., Solvency II, IFRS 9).

What’s in It for You:

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Flexible work/life balance options

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities

• Access to a variety of job opportunities across business

Job Skills

Adaptability, Budgeting, Cross-Team Collaboration, Decision Making, Information Technology (IT) Projects, Long Term Planning, Program Management, Resource Management, Team Management, Vision Alignment

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:

2026-03-25

Application Deadline:

2026-05-18

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:

$135,000.00 - $185,000.00

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.

Our Employment Opportunities

At 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.

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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.