Actuarial Analyst, Co-op (Winter or Summer)

LifeWorks; Calgary; On-site; CAD 37,000 - 73,000; Full time

Job summary

A leading health and wellness company in Calgary seeks an Actuarial Analyst, Co-Op to help support best in class pension programs by analyzing funding and ensuring compliance. This role demands a keen analytical mindset and the ability to provide precise financial analysis. Join a collaborative team focused on impact and growth in the health sector, with opportunities for professional development and community contribution.

Benefits

Comprehensive total rewards

Minimum 3 weeks of vacation

Flexible benefits

Matched pension and share purchase programs

Career growth and learning opportunities

Qualifications

• Completion of or currently enrolled in relevant post-secondary education.
• Strong competency with MS Office, particularly Excel.
• Excellent communication skills for collaborative work.

Responsibilities

• Assess financial health of pension plans through regular valuations.
• Calculate pension benefits based on service years and salary history.
• Assist in designing and modifying pension plans.

Skills

Analytical skills

Problem-solving

MS Office (Excel, Word, PowerPoint)

Communication skills

Attention to detail

Education

Post-secondary education in Actuarial Science, Mathematics, Statistics, or related field

Job description

Overview

TELUS Health is empowering every person to live their healthiest life. Guided by our vision, we are leveraging the power of our leading edge technology and focusing on the uniqueness of each individual to create the future of health. As a global-leading health and well-being provider – encompassing physical, mental and financial health – TELUS Health is improving health outcomes for consumers, patients, healthcare professionals, employers and employees.

TELUS Health Consulting practice brings over 60 years of experience and innovative thought leadership to pension & savings, actuarial, compensation and overall financial well-being consulting and outsourcing. Our purpose is to improve the financial wellbeing of individuals and the organizational resilience of employers and fiduciaries. We are also one of the largest pension plan administrators in Canada, serving over five million plan participants. We are a diverse organization with unparalleled capabilities for our clients and their people.

The Defined Benefits and Actuarial Services practice within Consulting is composed of a dedicated group of nation-wide professionals with extensive experience in the fields of pension & savings and actuarial consulting. We specialize in providing strategic guidance, expert analysis, and effective risk management to help our clients offer the best pension plan for their plan members. With a deep understanding of complex mathematical models and statistical analysis, our team excels in assessing and quantifying risks in the retirement landscape. Our Defined Benefits and Actuarial Services Consulting team brings a wealth of knowledge and expertise to every engagement.

Here’s the impact you’ll make and what we’ll accomplish together

Are you highly analytical, savvy with problem solving, detail oriented and a collaborative team player? If so, we are seeking an Actuarial Analyst, Co-Op to join our team. You will help support best in class pension programs by assessing the financial health of pension plans, conduct plan valuations, analyze funding requirements, and ensure regulatory compliance. If you are interested in learning more about the pension industry and possess the ability to provide accurate and reliable financial analysis, we invite you to apply for this exciting opportunity to contribute to TELUS Health.

Responsibilities

• Assess the financial health of pension plans by conducting regular valuations (i.e., plan assets, liabilities, participant demographics, and investment performance) to determine the funding status of the plan.
• Calculate pension benefits for a plan participant based on factors such as years of service, salary history, and retirement age; ensure calculations comply with plan rules, government regulations, and actuarial principles.
• Help plan sponsors determine the appropriate contribution levels to ensure long-term sustainability of the plan.
• Assist in the design and modification of pension plans.

Qualifications

• Completion of or currently enrolled in post-secondary education in Actuarial Science, Mathematics, Statistics, or a related field.
• Strong competency with MS Office, particularly Word, Excel and PowerPoint.
• Solid analytical and problem-solving skills.
• Excellent communication skills.
• Ability to work collaboratively in a team environment and manage multiple projects simultaneously.
• Strong attention to detail and accuracy in data analysis and reporting.
• Continuous learning mentality; staying updated with the latest developments in actuarial science, regulatory requirements, and industry standards.
• Prefer someone who can start on January-August 2026 (8 months) but can also consider someone available on January-April 2026 (4 months) or May-August 2026 (4 months).

Nice to Have

• Bilingual (English and French).
• Successful completion of 1 or more exams from the SOA or CIA.

Salary and Benefits

• Salary range: 37,700.00 - 73,000.00 CAD Annual.
• Actual total compensation will be determined based on factors such as knowledge, skills, performance, experience and location. TELUS offers a rewards package including: comprehensive total rewards, minimum 3 weeks of vacation, and flexible benefits.
• Generous company matched pension and share purchase programs.
• Opportunity to give back to communities in which we work, live and serve.
• Career growth and learning & development opportunities to develop your skills.

About us

We’re a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good. We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world.

TELUS is proud to foster an inclusive culture that embraces diversity. We are committed to fair employment practices and all qualified applicants will receive consideration for employment. We offer accommodation for applicants with disabilities, as required, during the recruitment process.

Disclaimer: In accordance with the TELUS Health Solutions Data Center Security Policy, as a condition of employment, all team members whose job functions require they work at a Data Center and/or have access to detailed knowledge of technology related to client service delivery, are subject to a Personnel Security Screening conducted through the Government of Canada.

The health and safety of our team, customers and communities is paramount to TELUS. Accordingly, we require anyone joining our TELUS Health Care Centres to be fully vaccinated for COVID-19.

Note for Quebec candidates: if knowledge of English is required for this position, it is because the team member will be asked, on a regular basis, to interact in English with external or internal parties or to use English applications or software as part of their tasks.

By applying to this role, you understand and agree that your information will be shared with the TELUS Group of Companies’ Talent Acquisition team(s) and/or any leader(s) who will be part of the selection process.