RB
Royal Bank of CanadaMississauga

2027 Winter - GRMI, Valuation Actuarial Analyst (4-16 months)

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Programme

Internship

Location

Mississauga

Duration

4-8 months

Deadline

2026-09-21

About the role

Join RBC Insurance as a Winter 2027 Actuarial Co-op Student for 4-8 months in Mississauga. Gain hands-on experience in pricing, valuation, risk, and capital management with structured training and leadership access.

Role 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 business trends.
  • Use AXIS, R, SQL, R, and Excel to analyze and communicate results.
  • Develop and enhance tools to streamline actuarial processes.
  • Collaborate with actuarial and non-actuarial teams for success.

Additional Duties

  • Conduct monthly and quarterly valuation reporting and communicate findings.
  • Model and analyze special quotes to meet client needs.
  • Support monthly and quarterly capital measurement analysis and reporting.

Must Have Skills

  • Proficient in MS Office Suite.
  • Strong technical, analytical, and problem-solving skills.
  • Excellent written and verbal communication.
  • Highly motivated self-starter and team player.

Nice to Have Skills

  • Pursuing degree in Actuarial Science, Finance, Statistics, or Mathematics.
  • Actuarial background with 2-3 CAS/SOA exams completed.
  • Experience with Moody’s/GGY AXIS software.
  • Knowledge of IFRS17, predictive analytics, Tableau.
  • Programming skills in R, VBA, and SQL.

Program Details

  • 4-8 month student placement starting January 2027.
  • Work term ends April or August 2027.
  • Must return to school after placement or require work term to graduate.
  • Located in Ontario with flexible work arrangements.