At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

 

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

 

Job Title

 

Research Associate, Insurance

 

Job Description

 

PRINCIPAL RESPONSIBILITIES

 

• Assist in the development and detailed modeling of company specific financial models
• Coordinate, generate and maintain research reports, presentations and databases
• Provide research support to analyst as required
• Incumbent is in the process of developing core Research Associate skills
• Develop an expertise in the Insurance sector including P&C insurance, life insurance, mortgage insurers and insurance brokers.
• Support and answer client queries as they relate to the sector
• Proactively identify operational risks/ control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly

 

Job Specificationsand Qualifications

 

Basic Qualifications (Legislative Requirement)

 

• Undergraduate degree or similar qualification with a focus on Business, Mathematics or other quantitative fields
• NYSE Licensing Requirements – Series 7, 63, 86 & 87, SIE

 

Other Required Qualifications:

 

• Previous exposure to capital markets or 1-2 years of experience within the Insurance or Financial Services sector a definite asset but not specifically necessary
• Excellent writing and communications skills
• Strong PC skills specifically in Microsoft Office applications and sourcing data from the internet and various technology publications
• Superior customer service focus and attitude for internal and external clients
• Ability to perform under pressure and meet time sensitive deadlines, sometimes for extended periods of time
• Commitment to task and an attention to detail
• Ability to prioritize work and multi-task responsibilities
• Self starter - must be organized and able to work independently
• Good personal skills and the ability to work and coordinate effectively within a team environment

 

AUTHORITIES, IMPACT, RISK

 

• Regular interaction with clients
• Supporting Senior Analyst

 

KEY RELATIONSHIPS

 

• Internal Clients including sales and trading
• External clients as required

 

WORKING CONDITIONS

 

• The work environment is based on a office/trading floor, thus little physical effort is required
• The office environment can be a high stress environment that requires quick turnaround and decision making

 

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, commissions, and stock where applicable
• 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
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

 

The good-faith expected salary range for the above position is $100,000 - $160,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

 

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

 

• Drives RBC’s high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

 

Job Summary

 

Responsible for fundamental analysis of companies in the Insurance sector, including P&C insurance, life insurance, mortgage insurers and insurance brokers.

 

Address:

 

New York, New York, United States of America

 

City:

 

USA-NY-NEW YORK

 

Country:

 

United States of America

 

Work hours/week:

 

40

 

Employment Type:

 

Full time

 

Platform:

 

Capital Markets

 

Job Type:

 

Regular

 

Pay Type:

 

Salaried

 

Posted Date:

 

2023-08-11

 

Application Deadline:

 

Inclusion and Equal Opportunity Employment

 

At 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.

 

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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 rbc.com/careers

 

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