Actuarial Analyst (Western Canada)

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

Benefits offered by this job

Flexible benefits plan

Hybrid work arrangement

Generous pension matching

Career growth and learning

Job summary

TELUS Health Consulting in Vancouver is seeking an actuarial professional to assess pension plan financial health through valuations and to calculate benefits based on service, salary, and retirement age. You will help determine contribution levels to ensure long-term sustainability and assist in designing pension plan modifications.

The role requires strong analytical abilities, excellent communication, and the capacity to collaborate across teams.

Qualifications

• Post-secondary degree in actuarial field or math-related discipline.
• Proficient in MS Office, especially Excel, Word, and PowerPoint.

Responsibilities

• Assess pension plan health through regular valuations.
• Calculate pension benefits based on service years, salary history, and retirement age.
• Assist in determining appropriate contribution levels for long-term sustainability.
• Support design and modification of pension plans.

Skills

Analytical thinking

Communication skills

Team collaboration

Education

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

Tools

MS Office

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.

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 s