Senior Actuarial Analyst

At FSRA, our vision is to ensure financial safety, fairness, and choice for Ontarians. As a financial services regulator, we’re passionate about protecting consumers. Our principles-based approach means we can quickly and effectively respond to the changing needs of consumers and the industry.

Our team combines industry expertise with commitment to public service. We attract individuals who are interested in meaningful work and who measure success through outcomes, not inputs.

At FSRA, we invest in the personal and professional growth of our team. We offer a competitive compensation package that includes an employer-matched defined benefit pension plan , comprehensive and competitive benefits plan, a hybrid work model and flexible work arrangements. We prioritise learning and development, wellbeing, diversity, equity, inclusion and belonging, and community giving.

Join FSRA and help us shape the future of regulation for generations to come!

Job Description:

*This is a Fixed-Term position to End of May 2026*

OVERVIEW OF ROLE

As a member of the Pensions Team, you will provide actuarial expertise related to the development and implementation of the risk monitoring programs of Ontario pension plans.

Additional duties will include:

• Conducting the review and analysis of pension plans to determine the financial impact on member benefits security and to assess compliance with legislation and regulations, internal policies and procedures and actuarial standards.

• Identifying pension plans in non-compliance and making recommendations on enforcement action and providing expert analysis and recommendations during the enforcement stage.

• Conducting the research and analysis of trends in actuarial practices and techniques and the pension industry and providing input to the development/revision of actuarial policies, procedures, processes and systems.

• Leading the collection, analysis and dissemination of pension financial data including reporting on the funded status of Ontario regulated pension plans.

• Liaising with pension plan sponsors, administrators and actuaries to communicate compliance concerns and to respond to inquiries related to the interpretation and application of legislation and regulations.

QUALIFICATIONS

Specialized Knowledge and Experience

• An Associate or currently working toward Associate status with the Society of Actuaries or Canadian Institute of Actuaries.

• Demonstrated knowledge of actuarial science principles, professional standards and actuarial reporting requirements to identify matters of concern in actuarial reports.

• Proven knowledge of pension legislation at the provincial and federal levels to provide actuarial expertise on pension plan compliance and risk assessment of all pension plans affecting Ontario members.

• Demonstrated knowledge of research and analysis methods and tools to participate in the review of actuarial related regulations, policies, systems and methods.

Skills

• Demonstrated consultation and presentation skills to provide expert actuarial advice to staff.

• Demonstrated analytical and problem-solving skills to review, evaluate and interpret large quantities of pension plan data for measuring and projecting the financial conditions of Ontario plans and to identify and assess current and potential risks to pension plan sustainability.

• Proven oral and written communication skills to respond to information requests, write reports, and to address actuarial pension issues to pension plan administrators and stakeholders.

• Skilled in standard actuarial, business and statistical database software to conduct analysis and perform calculations.

* Please note that this position will close at 11:59PM on May 12, 2025*

Job Posting End Date:

05/12/2025

Job postings close at 11:59pm on the date noted.

Compensation Grade:

Actuary 5 - AMAPCEO

Compensation Range:

$76,231.00

-

$112,569.00

Bargaining Unit:

AMAPCEO

Job Code:

Job Code: 5A001N

Employment Type:

Fixed Term (Fixed Term)

Scheduled Weekly Hours:

36.25

FSRA is committed to ensuring equity in employment. Our goal is to create a diverse, inclusive workforce that reflects the communities we serve and to ensure our services and communications are accessible to all individuals. Accommodation is available under the Ontario Human Rights Code.

NOTE: ONLY QUALIFIED CANDIDATES WILL BE CONSIDERED