RB
Royal Bank of CanadaMississaugaInternship
2026 Insurance – Summer, Pricing, Actuarial Intern (4-16 months)
RBC Insurance offers a 4-16 month actuarial internship providing hands-on experience in pricing, valuation, and risk management within a leading Canadian bank-owned insurance company.
1
Role and Responsibilities
- Learn and innovate across sales, pricing, valuation, risk, and capital management.
- Create pricing and valuation models for complex insurance products.
- Validate assumptions and analyze market competition and trends.
- Use AXIS, R, SQL, and Excel to analyze and communicate results.
- Develop and enhance tools to streamline actuarial processes.
2
Additional Responsibilities
- Conduct monthly and quarterly valuation reporting to management.
- Model and analyze special quotes to meet client needs.
- Support capital measurement analysis and reporting.
3
Requirements - Must Have
- Knowledge of MS Office Suite.
- Strong technical, analytical, and problem-solving skills.
- Excellent written and verbal communication skills.
- Highly motivated self-starter and team player.
4
Requirements - Nice to Have
- Pursuing degree in Actuarial Science, Finance, Statistics, or Mathematics.
- Actuarial background and 2-3 CAS/SOA exams completed.
- Experience with Moody’s/GGY AXIS software.
- Knowledge of IFRS17, predictive analytics, and Tableau.
- Programming skills in R, VBA, and SQL.