2026 Insurance, Fall Business and Data Analyst (4-16 months)

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2 Locations
In-Office
Fintech • Insurance
The Role

Job Description

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 fall 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, AI Engineering Co-op, 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.
  • Work closely with MLOps, DevOps, and QA teams to streamline processes and demo solutions to stakeholders.
  • 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
  • Collaborate with internal teams, including IT, operations, and product development, to ensure timely resolution of issues and continuous improvement of applications.
  • Assist in crafting and optimizing scalable data pipelines to support AI workflows, ensuring data quality and efficiency

What do you need to succeed?

Must have

  • Currently pursuing a degree in Mathematics, Finance, Data Science, Computer Science, Engineering
  • 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”
  • Basic understanding of ML concepts (model lifecycle, training/inference) and hands-on experience with Python.

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
  • Coursework or projects in cloud platforms (AWS/Azure/GCP) or monitoring tools (e.g., Grafana, Prometheus).
  • Familiar with investment asset management tools, such as Bloomberg.
  • Familiar with SQL and Power BI

Please note

In order to be eligible for these student positions, you must either: 

  • Be returning back to school after the work term end-date; or 

  • If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order 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.

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2026-04-20

Application Deadline:

2026-05-18

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.

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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 jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

RBC Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about RBC and has not been reviewed or approved by RBC.

  • Healthcare Strength Healthcare coverage is positioned as robust, including medical, dental, vision, life insurance, and disability coverage, with day-one eligibility in some U.S. roles. Mental-health support and virtual care offerings are also emphasized as meaningful parts of the package.
  • Retirement Support Retirement and savings support is described as a structured part of total rewards, including 401(k) matching in the U.S. and enhanced defined-contribution pension contributions in Canada. Additional savings vehicles and employer contributions are presented as adding material value beyond base salary.
  • Parental & Family Support Family-oriented benefits are highlighted through paid parental/caregiver leave in certain U.S. roles and expanded support for fertility, surrogacy, and adoption in Canada. Backup care and related family supports are also presented as strengthening overall benefits attractiveness.

RBC Insights

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The Company
HQ: Toronto, Ontario
88,000 Employees
Year Founded: 1901

What We Do

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities.

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