Royal Bank of Canada
Job title:
Director, Life Insurance Products
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?This position is accountable for the development and management of individual Life insurance products at RBC Life Insurance Company with a focus on Participating Whole Life Insurance. The ideal candidate will have a strong pulse on client needs, industry trends and the regulatory environment. This role is a key leadership position with a focus on driving growth for the life portfolio, demonstrating market leadership and relationship management with external and internal business partners.What will you do?
- Lead a team of Subject Matter Experts for Life and PAR whole life products for all areas of RBC Insurance, partnering with key functional areas (digital, data, sales, pricing, valuations, corporate underwriting), focusing on driving profitable growth while managing risk.
- In a collaborative fashion, lead analytics, research, design, and implementation of competitive products in life insurance and PAR Whole Life products to ensure competitiveness, increased market share and profitable growth.
- Contribute to achieving revenue associated with sales goals and increasing market penetration through strong relationships with all cross functional areas.
- Lead the life insurance product team, ensuring employee engagement with a focus on talent management.
What will you need to succeed?Must-Have:
- Experienced in life insurance product management, with a specific and proven expertise in PAR Whole Life product management. Strong familiarity with governance and regulatory requirements of managing a PAR Whole Life product.
- Strong leadership skills including, relationship building/management abilities, impact and influence, problem solving, drive, decision making and people leadership skills. Ability to balance organizational risk appetite with growth.
- Strategic business acumen and organizational awareness with experience leading in a matrixed organization with multiple stakeholders. Conceptual thinking with the ability to translate strategies and ideas into practical applications/program development.
- Team player and collaborator: Ability to impact and influence across a variety of cross functional internal partners at all levels with strong change management experience.
What’s in it for you?
- A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
- Competitive pay and high-earning potential
- All the tools, training, and team support you need to grow your business and career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity and grow your business
RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.Job Skills Adaptability, Communication, Decision Making, Detail-Oriented, Group Problem Solving, Product Services, Service Request ManagementAdditional Job DetailsAddress: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity: MISSISSAUGACountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: INSURANCEJob Type: RegularPay Type: SalariedPosted Date: 2024-09-03Application Deadline: 2024-09-24Inclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay 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 .
Expected salary
Location
Mississauga, ON
Job date
Wed, 04 Sep 2024 22:42:43 GMT
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