Senior Manager, Insurance Finance Transformation at Royal Bank of Canada

Mississauga, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

29 May, 26

Salary

0.0

Posted On

28 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Program Delivery, Stakeholder Management, Change Management, IFRS 17, Requirements Gathering, Testing, Cutover, Risk Mitigation, Accounting Policies, Reporting, Systems Integration, Process Optimization, Automation, Controls, Compliance, SOX Governance

Industry

Financial Services

Description

Job Description What is the opportunity? You will be a valued member of RBC Insurance CFO team, acting as a business partner and advisor, across financial accounting, performance management and planning and forecasting activities. You will own IFRS 17 processes, policies and day 2 enhancements, including process streamlining, business requirements and automation. You will work collaboratively with other business partners, including IT and Actuarial teams, to identify financial optimization opportunities, and execute on enabling the data, systems and processes to implement new and audit-ready solutions. What will you do? As a member of a dynamic multi-functional finance transformation team, you will have the following responsibilities: Program delivery, stakeholder and change management Drive requirements, testing, cutover and change management within Finance, Actuarial, IT and vendors; identify risks and mitigation to meet project timelines and business objectives. Insurance accounting (IFRS 17) technical leadership Lead the enhancement of detailed requirements that underpin key IFRS 17 metrics, accounting policies, reporting, calculation rules (GMM/VFA), CSM mechanics and disclosures. Systems and integration requirements Direct development of end-to-end requirements for GL, subledgers, actuarial outputs, investment systems, policy administration and data lake integrations, including reconciliation rules. Translate business requirements into system specifications and testable acceptance criteria. Finance & Actuarial process optimization Identify opportunities to simplify workflows, remove manual steps, and implement automation and reporting enhancements to improve efficiency and reduce operational risk while working collaboratively across Finance, Actuarial and IT Functions to identify financial optimization opportunities. Controls, compliance and SOX governance Support the implementation and review of EUC controls, control requirements and audit trails across models, spreadsheets and systems; prepare/review documentation for auditors. What do you need to succeed? Must have 4-6+ years in insurance finance transformation, accounting, actuarial or financial systems delivery with hands-on life insurance products and investments knowledge (e.g. par, universal life, seg funds, etc.). Knowledge of IFRS and proven experience developing & defining technical IFRS 17 measurement models (VFA, GMM, PAA), accounting requirements and/or implementing downstream reporting. Demonstrated ability to produce clear technical system, process and methodology documentation. Strong project management skills with experience in large scale programs/initiatives. Strong cross-functional collaborator with excellent communication skills, able to present complex technical topics to finance and IT leaders. A professional accounting designation (CPA, CA, etc.) or actuarial designation (FSA, FCIA, etc.), or completion of a Master's or PhD in Mathematics, Actuarial Science, or Finance. Nice to have Practical experience with GL/subledger, actuarial valuations, policy administration systems and finance data warehouses. Familiarity with Accounting Hub, CSM calculators, modern BI/reporting tools and cloud platforms. Financial data architecture experience in canonical models, lineage, ETL/ELT design and reconciliation automation. 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. A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation Leaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Flexible work/life balance options #LI-POST Job Skills Budget Management, Communication, Financial Planning and Analysis (FP&A), Organizational Leadership, Process Management, Professional Presentation Additional Job Details Address: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA City: Mississauga Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: OFFICE OF THE CFO Job Type: Regular Pay Type: Salaried Posted Date: 2025-11-25 Application Deadline: 2026-03-31 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. 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.

Responsibilities

The role involves driving program delivery, stakeholder management, and change management across Finance, Actuarial, and IT teams to meet project timelines and business objectives. The manager will also provide technical leadership for IFRS 17 enhancements, defining requirements for metrics, policies, and system integrations.