Actuarial Consultant - Workers’ Compensation

lifeworks

Montreal (administrative region)

Hybrid

CAD 58,000 - 108,000

Full time

4 days ago
Be an early applicant
Application generator

Don’t send a generic resume — generate a resume and cover letter tailored to this exact role.

Get past ATS filters

Benefits offered by this job

Flexible benefits plan
Hybrid in-office/remote work

Job summary

TELUS Health is seeking an Actuarial Consultant to deliver analyses and actuarial services for employers across Canada. You will build models, interpret results, and translate findings into actionable recommendations for clients.

In this mid-level role, you’ll work with cross-functional teams to assess financial risk, support experience-rating programs, and present insights in clear business terms. Fluency in French and English is required.

Qualifications

  • Bachelor’s degree in a quantitative field.
  • Approximately 4–7 years actuarial/analytical experience.
  • Progress toward or completion of actuarial designation is an asset.

Responsibilities

  • Conduct actuarial analyses on workers' compensation costs and premiums.
  • Develop models to estimate future claims costs and financial outcomes.
  • Present analytical results and recommendations to clients.
  • Translate complex findings into business insights for stakeholders.

Skills

Analytical thinking
Strong communication
Bilingual French/English
Data storytelling
Client-focused

Education

Bachelor's in actuarial science/math/finance
Actuarial designation in progress/achieved

Tools

BI tools
Statistical software

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

The Actuarial Consultant plays a key role in delivering analytical and actuarial services to employers across Canada. The incumbent conducts complex analyses, prepares actuarial studies and financial projections, interprets workers' compensation data, and translates technical findings into clear, actionable recommendations.


Working closely with client experience, claims management, reporting and business solutions teams, the Actuarial Consultant supports clients in understanding their workers' compensation performance, assessing financial risks and identifying opportunities to improve outcomes.


This is a mid-level individual-contributor role combining technical expertise, business judgment and direct client interaction.


What You'll Do

Actuarial Analysis and Studies


  • Conduct actuarial and financial analyses related to workers' compensation costs, premiums, assessments, claims experience and employer performance.

  • Develop and maintain models used to estimate future claims costs, premiums, reserves and potential financial outcomes.

  • Analyze historical trends and emerging experience to identify material changes, risks and opportunities.

  • Evaluate the financial impact of claims developments, legislative or regulatory changes, and workers' compensation program decisions.

  • Support analyses related to experience-rating programs across Canadian jurisdictions.

  • Perform scenario modelling and sensitivity analyses to support business and client decisions.

  • Validate data, investigate discrepancies and work with internal stakeholders to resolve data-quality issues.

  • Contribute to the development and improvement of analytical tools, reporting solutions and standardized methodologies.

  • Translate data into meaningful insights that support both strategic and operational decision-making.


Client Consulting and Presentations


  • Present analytical findings, actuarial results and recommendations to clients and internal stakeholders.

  • Explain complex technical information in a clear, concise and business-oriented manner.

  • Prepare professional client deliverables, including reports, presentations, executive summaries and supporting documentation.

  • Respond to client questions and provide guidance on workers' compensation performance and financial implications.

  • Develop a strong understanding of each client's operations, risk profile and objectives to ensure that analyses remain relevant and actionable.


What You Bring


  • Bachelor's degree in actuarial science, mathematics, statistics, finance or a related quantitative discipline.

  • Approximately four to seven years of relevant experience in actuarial analysis, workers' compensation, insurance, consulting or financial analytics.

  • Progress toward, or completion of, a recognized actuarial designation is an asset.

  • Experience working with Canadian workers' compensation programs, experience-rating methodologies or occupational health and safety data is strongly preferred.

  • Experience working with analytical, reporting or business-intelligence tools.

  • Experience analyzing large datasets and developing financial or actuarial models.

  • Strong written and verbal communication skills, including the ability to present technical findings to non-technical audiences.

  • Bilingualism in French and English is an mandatory.


Key Competencies


  • Strong analytical and problem-solving capabilities.

  • Sound professional judgment and attention to detail.

  • Ability to connect technical findings with business and client implications.

  • Clear, concise and confident communication.

  • Strong presentation and data-storytelling skills.

  • Client-focused and collaborative approach.

  • Ability to manage multiple priorities and deliver high-quality work within established timelines.


Salary Range: $58,100-$107,900 CAD


Actual total compensation will be determined based on factors such as knowledge, skills, performance and experience.


TELUS offers rewarding benefits, which may vary per job function, such as:


  • 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 wo

Get your free, confidential resume review.

or drag and drop your file here.

Similar jobs

Similar jobs worth comparing

Actuarial Consultant – Workers’ Compensation
Actuarial Consultant – Workers’ Compensation

TELUS • Montreal (administrative region)

On-site
CAD 85,000 - 115,000
Accommodation available
Actuarial Analyst (Western Canada)
Actuarial Analyst (Western Canada)

lifeworks • Vancouver

On-site
CAD 60,000 - 75,000
Flexible benefits plan
Hybrid work arrangement
Generous pension matching
+1
Actuarial Analyst (Western Canada)
Actuarial Analyst (Western Canada)

TELUS • Vancouver

On-site
CAD 60,000 - 75,000
Hybrid work model
Competitive compensation package
Generous pension
Actuarial Analyst (Western Canada)
Actuarial Analyst (Western Canada)

TELUS Health • Vancouver

On-site
CAD 60,000 - 75,000
Comprehensive total rewards package
3 weeks vacation + flexible benefits
Matched pension
+1
Actuarial Co-Op Student (Winter or Summer 2027)
Actuarial Co-Op Student (Winter or Summer 2027)

TELUS • Toronto

On-site
CAD 40,000 - 74,000
3 weeks vacation
Pension plan
Bonus structures
+1
Senior Actuarial Consultant
Senior Actuarial Consultant

TELUS Health • Vancouver

On-site
CAD 110,000 - 150,000
Flexible benefits plan
Hybrid/remote work options
Generous pension and vacation
Actuarial Analyst (Atlantic Canada)
Actuarial Analyst (Atlantic Canada)

TELUS Health • Halifax

On-site
CAD 80,000 - 110,000
Case Manager National Workers Compensation Services
Case Manager National Workers Compensation Services

lifeworks • Toronto

Hybrid
CAD 58,000 - 108,000
Comprehensive total rewards
Hybrid/flexible work
Generous pension
+2
Senior Actuarial Analyst (Atlantic Canada)
Senior Actuarial Analyst (Atlantic Canada)

TELUS Health • Halifax

On-site
CAD 90,000 - 120,000
Hybrid work arrangement
Actuarial Analyst - New Grad
Actuarial Analyst - New Grad

TELUS Health • Toronto

On-site
CAD 70,000 - 110,000
Bilingual (English/French)