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Director – Group Health Solutions

Director – Group Health Solutions

CompanyRoyal Bank of Canada
LocationMississauga, ON, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelExpert or higher

Requirements

  • Deep health industry, pharmaceutical, and group product knowledge or related business experience (10+ years)
  • Business and financial insight with strategic orientation and competitive edge mindset
  • Strong analytical mindset, facilitating effective escalation management, decision making and simplification of complexities in Health products and services.
  • Strong interpersonal skills and ability to “tell the story” (in written and oral communication)
  • Organizational awareness and ability to build and leverage partnerships with cross-functional and external stakeholders
  • Adaptable to work independently in a fast-paced, dynamic environment with multiple competing priorities
  • People management

Responsibilities

  • Lead the advancement & implementation of strategic product initiatives designed to sustain RBCI’s competitive advantage in the Group benefits market
  • Working closely with other Product & Pricing leaders and leaders in Underwriting, Claims, Finance, Sales/Distribution, and IT, the role will identify product launches and enhancements required to win in our target market and to achieve financial objectives of the organization
  • Monitor the financial performance of products and identify opportunities to act where required to support achievement of stated financial objectives
  • Proactively and reactively resolve product-related client & employee escalations, in partnership with Legal, Claims, Sales, Operations, and third-party supplier partners
  • Conduct regular product reviews to ensure updates required because of regulatory changes have been incorporated into policy & procedures, operational risk is assessed, and compliance requirements are being followed, etc.
  • Provide subject matter expertise for assigned products to support needs of partners in Sales & Distribution, Service & Operations etc.

Preferred Qualifications

  • Strong financial acumen
  • Actuarial experience
  • Project Management
  • MBA or equivalent