Associate Director – Capital and Stress Testing
0000050823 RBC Insurance Services Inc. • Mississauga, Canada
Role Description
Job Description
What is the Opportunity?This role leads the strategic oversight and execution of capital adequacy and risk profiling for RBC Insurance, with a focus on the Life Insurance Capital Adequacy Test (LICAT) and Financial Condition Testing (FCT). The Associate Director will manage a team of 1–2 actuarial analysts/associates, ensuring regulatory compliance, driving methodological enhancements, and deepening the understanding of RBC Insurance’s risk profile.The Associate Director – Capital and Stress Testing is a leadership role responsible for the accurate and insightful reporting of LICAT and FCT results to fulfill regulatory requirements. This position oversees the execution of Enterprise-Wide Stress Testing (EWST), ORSA sensitivity tests, and other ad-hoc stress testing initiatives. The Associate Director will manage a small team, providing mentorship and guidance while ensuring capital adequacy and risk management excellence for RBC Insurance....