2027 Winter - GRMI, Valuation Actuarial Intern (8 Months)

About the role

Join RBC Insurance as a Winter 2027 Actuarial Co-op Intern for 8 months in Mississauga. Gain hands-on experience in pricing, valuation, risk, and capital management within a collaborative team environment.

Role and Responsibilities

• Learn and innovate across sales, pricing, valuation, risk, and capital management.
• Create pricing and valuation models for complex insurance products.
• Assist in validating assumptions and analyzing market competition.
• Use AXIS, R, SQL, and Excel to analyze and communicate results.
• Develop and enhance tools to streamline actuarial processes.
• Collaborate with actuarial and non-actuarial colleagues for success.

Additional Responsibilities

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

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.

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, Tableau.
• Programming skills in R, VBA, and SQL.

Program Details

• 8-month placement from January to August 2027.
• Full-time, salaried position with 37.5 hours/week.
• Location: Mississauga, Ontario, Canada.
• Must be returning to school after placement or require full term for graduation.
• Application deadline: 2026-09-21.