2027 Insurance, Winter Business and Data Analyst (4-16 months)
Mississauga, ON
Internship
Onsite
Intern
RBC Insurance provides travel, life, health, home, auto, wealth and insurance products and solutions. The company is seeking winter co-op Business and Data Analysts to support change initiatives, process improvements, data-driven solutions, compliance activities, and business user needs across multiple teams.
Responsibilities
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
Qualification
Required
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”
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
Preferred
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
Benefits
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
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
