2027 Insurance, Winter Business and Data Analyst (4-16 months)

RBC Insurance, through its operating entities, provides a wide range of travel, life, health, home, auto, wealth and insurance products and solutions. We are one of the largest insurance companies within a Canadian bank and among the fastest growing insurance organizations in the country. RBC Insurance employs more than 3,200 employees around the globe and is the brand name for the insurance operating entities of Royal Bank of Canada.

Your application will be reviewed for consideration across multiple positions with responsibilities aligned to those described in this job posting.

What is the opportunity?

We are seeking winter co-ops across several Business and Data Analyst roles (including but not limited to the following: Product Management, Operational Risk, Supplier Governance, Data Analytics, Digital Application Specialist, etc.) You will provide an appropriate level of support for all types of change initiatives/projects, ensuring business impacts are assessed and projects are being implemented efficiently and effectively with business solutions that meet client and stakeholder needs. The ideal candidate will apply business and data experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.

What will you do?

• Work within a dynamic environment where you are encouraged to aid in process improvement and work with autonomy.
• Develop and Review processes and procedures
• Support and assist with new and renewal licensing applications
• Create and maintain all client and licensing records in applicable systems
• Collaborate and support the Channel Design and Initiative Delivery team on projects impacting the group distribution channel
• Review and clean up data within salesforce platform to improve platform efficiency 
• Performing data classification review and updates for Insurance's applications/systems
• Gain hands-on exposure to the processes involved in transitioning products from development to production, including release planning, UAT (User Acceptance Testing), and post-production validation.
• Design and implement data-driven solutions to support the CIO office's strategic initiatives.
• Ensuring alignment with the Enterprise data classification as outlined in the Enterprise Data Security Standards
• You will actively participate in the development and/or monitoring of controls to support compliance requirements and risks identified
• Developing product or service knowledge and competence in tools and business processes used in the department.
• Participate in collecting, reviewing, analyzing, and evaluating business user needs
• Documenting processes or upgrading existing procedure manuals.
• Developing product or service knowledge and competence in tools and business processes used in the department.
• Collaborate with internal teams, including IT, operations, and product development, to ensure timely resolution of issues and continuous improvement of applications.

What do you need to succeed?

Must have

• Currently pursuing a degree in Mathematics, Finance, Data Science, Computer Science
• Knowledge in Building, Documenting and Assessing Processes
• Proficient in Microsoft Office (PowerPoint & Excel)
• Excellent organizational, multi-tasking and time management skills
• Strong Teamwork and Collaboration Skills
• Analytical Thinking and strong data literacy
• Ability to think critically and “outside the box”

Nice to have

• Experience with End User Reporting Tools (ex. Tableau) and with CRM Tools (ex. Salesforce)
• Experience using issue-tracking and ticketing tools such as Jira and ServiceNow.
• Actuarial Knowledge and Insurance industry knowledge
• Knowledge of factors affecting Claims and Insurance Policies
• Experience with regulatory data standards
• Familiar with investment asset management tools, such as Bloomberg.
• Familiar with SQL and Power BI

Please note: 

To be eligible for these student positions, you must either: 

• Be returning to school after the work term end-date; or 
• If you are not returning to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component to graduate successfully

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.

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact 
• Work in a dynamic, collaborative, progressive, and high-performing team 
• Flexible work/life balance options

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.

Additional Job Details

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.