Actuarial Analyst (Western Canada)

TELUS; Vancouver; Hybrid; CAD 60,000 - 75,000; Full time

Benefits offered by this job

Hybrid work model

Competitive compensation package

Generous pension

Job summary

TELUS Health is seeking an Actuarial Analyst to join our Defined Benefits and Actuarial Services Consulting team in Canada. You will assess the financial health of pension plans, conduct valuations, analyze funding requirements, and ensure regulatory compliance with accurate and reliable financial analysis.

This hybrid role is based in Vancouver or Calgary, with candidates in these cities encouraged to apply or relocate.

Qualifications

• Post-secondary education in Actuarial Science, Mathematics, Statistics, or a related field.
• Strong competency with MS Office, particularly Word, Excel and PowerPoint.

Responsibilities

• Assess the financial health of pension plans by conducting regular valuations (i.e. assets, liabilities, demographics, and investment performance).
• Calculate pension benefits for plan participants based on service years, salary history, and retirement age; ensure compliance with plan rules and regulations.
• Help plan sponsors determine the appropriate contribution levels for long-term sustainability of the plan.
• Assist in design and modification of pension plans.

Skills

Analytical skills

Communication skills

Team collaboration

Attention to detail

Problem-solving

Education

Actuarial Science / Mathematics / Statistics

Tools

MS Office (Word, Excel, PowerPoint)

Job description

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. Join our team and what we’ll accomplish together 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 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, this is the opportunity for you.

Please Note: This is a hybrid role based in Vancouver or Calgary. Candidates currently in these cities are encouraged to apply, as are those willing to relocate.

What you’ll do

• Assess the financial health of pension plans by conducting regular valuations (i.e assessing plan assets, liabilities, participant demographics, and investment performance to determine the funding status of the plan)
• Calculate pension benefits for plan participants based on factors such as years of service, salary history, and retirement age; ensuring 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

You have

• Post-secondary education in Actuarial Science, Mathematics, Statistics, or a related field
• Strong competency with MS Office, particularly Word, Excel and PowerPoint

What you bring

• 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

Nice to Have

• Bilingual (English and French)
• Successful completion of at least 2 exams from the SOA or CIA
• Completion of a co-op term in an actuarial related field (ideally in pension consulting)

Salary Range

Salary Range: $60,000 - $75,000 Actual total compensation will be determined based on factors such as knowledge, skills, performance and experience. We encourage all qualified candidates to apply, even if the posted salary range doesn't match your expectations. We're open to discussing competitive compensation packages tailored to your experience level and expertise.

Benefits

• Comprehensive total rewards package highlighting competitive salary and bonus structures, minimum 3 weeks of vacation, and flexible benefits plan to meet the needs of you and your family
• Flexibility to work in-office, virtually or a combination of both
• Generous company matched pension
• Opportunity to give back to communities in which we work, live and serve
• Career growth and learning & development opportunities to develop your skills
• And much more…

A bit 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. 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.

Being part of the team at TELUS Health is more than a job; it’s a career-defining experience. It allows you to do innovative and meaningful work with talented and collaborative teams. It’s an opportunity to improve businesses and lives by building healthier, happier workplaces. And it’s a chance to build genuine, long-term relationships along the way. A place to experience more Find the support and encouragement to consistently push boundaries and deliver impactful solutions. Our collaborative culture means your ideas will be heard and your hard work will be rewarded. You will be leveraging our world-leading technology, products, clinical services and passionate team members to revolutionize access to health care and wellbeing, and drive remarkable experiences for the benefit of all the clients and individuals we serve around the world. Talented people who care Coming to work each day is an opportunity. It’s a chance for you to work with a multidisciplinary global team of nearly 10,000 smart and driven members whose passion for their work matches your own, resulting in helping create a healthier future for everyone. Work that matters Make a difference in the lives of our clients and their employees every day – by providing meaningful solutions in more than 160 countries, that help people and businesses perform at their best by delivering both digital innovation and clinical services to improve total physical, mental and financial health and wellbeing across the full spectrum of primary and preventative care.