Actuary, Longevity Pricing

APPLICATION DEADLINE: JULY 17, 2026

What is the opportunity?

Royal Bank of Canada Insurance Company Ltd. (“RBCICL”) has a vacancy for an Actuary – Longevity Reinsurance Pricing. The Actuary – Longevity Reinsurance Pricing will be the lead Pricing Actuary and Develop the Pricing Team for the Longevity Reinsurance Product Line and continue to grow RBCICL’s Longevity Reinsurance Presence and Develop Client Relationships.

This position is located in Grand Cayman.

What will you do?

Provide leadership and accountability on pricing and negotiation of Longevity Reinsurance quotation and meeting RBCICL profitability standards

Liaise and build relationship with International clients to source new opportunities and produce win-win solutions

Monitor industry marketing information to keep a pulse on target markets for future new business opportunities

To strategically review and identify key areas of focus with regards to Longevity Reinsurance Transactions with the purpose to recommend to RBCICL management market focus, pricing assumptions changes/updates and profitability level to changing market and regulatory environment

Transform, design and execute analysis with respect to longevity assumption, mortality projection, data analytics and actuarial financial review on quote specific Transactions, as well as foreseeing development and research of new market strategy or products

Design and execute business experience, products and strategies as it relates to the Longevity Reinsurance product line

Be an advocate and expert of Longevity Reinsurance within RBC and externally

What do you need to succeed?

Must Have

Bachelors in Actuarial Science and Fellow of the Society of Actuaries/Fellow of the Canadian Institute of Actuaries

At least 10 years of experience in Pricing and negotiation of longevity reinsurance transactions

Strong external relationships in the Longevity Reinsurance Industry

Exposure to regular contact with senior management

Able to manage a staff of actuaries

Proven track record in delivering results

Expertise in Microsoft Office Suite, Axis and Datalink, and other actuarial related software

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Opportunity to Lead in a dynamically changing environment

Opportunity to do challenging work and make a difference with lasting impact

The advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewarded

Job SkillsActuarial Modeling, Actuarial Services, Coaching Others, Customer Success, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management

Additional Job Details

Address:89 Nexus Way:George Town

City:George Town

Country:Cayman Islands

Work hours/week:37.5

Employment Type:Full time

Platform:INSURANCE

Job Type:Regular

Pay Type:Salaried

Posted Date:2026-06-26

Application Deadline:2026-07-18

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

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