Actuarial Consultant

LifeWorks; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a highly skilled Actuarial Consultant to join their dynamic team. In this pivotal role, you will design and manage defined benefit pension plans, ensuring sustainability while meeting client needs. Your expertise in actuarial science will guide strategic recommendations and risk management, making a significant impact on the financial well-being of clients. This role offers the opportunity to work collaboratively in a supportive environment that values mentorship and professional growth. If you're passionate about making a difference in the pension landscape, this is the perfect opportunity for you.

Qualifications

• 5 years of experience in pension plan consulting required.
• Professional actuarial exams and certifications are necessary.

Responsibilities

• Build and maintain strong relationships with clients as a trusted advisor.
• Assess financial health of pension plans and provide strategic recommendations.
• Support team engagement and mentor junior members.

Skills

Pension Plan Consulting

Client Relationship Management

Analytical Skills

Problem-Solving Skills

Communication Skills

Team Leadership

Time Management

Education

Post-secondary education in Actuarial Science

Mathematics

Statistics

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.

TELUS Health Retirement 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 Retirement 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 team brings a wealth of knowledge and expertise to every engagement.

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

We are seeking a highly skilled and experienced Actuarial Consultant to join our team. As an Actuarial Consultant, you will play a vital role in designing and managing defined benefit pension plans for our clients. Your expertise will be instrumental in ensuring the long-term sustainability of these plans while meeting the needs of both employers and employees.

What you’ll do…

• Client Relationship Management: responsible for building and maintaining strong relationships with clients; acting as the main point of contact and trusted advisor, understanding their needs and providing tailored solutions.
• Actuarial Consulting Services: assess the financial health of defined benefit pension plans, reviewing pension benefits, and providing strategic recommendations for plan design and restructures. This includes plan valuation, risk management, regulatory compliance, employee education, and plan administration, contributing to the long-term sustainability of the plan for clients’ and their members.
• Team Leadership: support team engagement by providing mentorship, guidance and technical expertise to junior team members, fostering their professional development. Oversee the delivery of projects, ensuring high-quality work and adherence to timelines and budgets.

You have…

• 5 years of experience in pension plan consulting
• Professional actuarial exams and certifications such as; CAIA,CFA,CEBS,FLMI, ACS, ASA,ACIIN, ALHC,FSA,AICA,FCIA,CEBP,PLP, CERA, MAAA,HIA,FRM)
• Knowledge of the various pension schemes and actuarial standards of practice including pension plan evaluation, financial projections, risk assessment, and regulatory requirements
• Proven ability to develop relationships at the highest levels of client organizations
• Ability to work collaboratively in a team environment; supporting the growth and mentorship of junior team members
• Solid organization, time management and ability to manage multiple projects simultaneously
• Ability to meet performance targets within a practice area
• Proficiency with MS Office, particularly Word, Excel and Powerpoint
• Post-secondary education in Actuarial Science, Mathematics, Statistics, or a related field

What you bring…

• Strong analytical and problem-solving skills, with a deep understanding of mathematical models and statistical analysis
• Excellent communication skills to effectively convey complex actuarial concepts to clients and stakeholders
• Strong attention to detail and accuracy in data analysis and reporting
• Continuous learning and staying updated with the latest developments in actuarial science, financial markets, industry developments and emerging trends related to the pension industry

Nice to Have

• Bilingual (English and French)

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.

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.