Associate Director – Capital and Stress Testing
0000050823 RBC Insurance Services Inc.
Job 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....