Senior Actuarial Consultant

TELUS Health; Vancouver; Hybrid; CAD 110,000 - 150,000; Full time

Benefits offered by this job

Flexible benefits plan

Hybrid/remote work options

Generous pension and vacation

Job summary

TELUS Health Consulting is seeking a highly skilled Senior Actuarial Consultant to design and manage defined benefit pension plans for clients across Western Canada. You will apply advanced actuarial methods to ensure long-term plan sustainability while aligning with employer and employee needs.

With 10+ years of DB pension experience, you will mentor junior staff, lead client engagements, and contribute to strategic plan design, risk management, and regulatory compliance.

Qualifications

• 10+ years of experience in defined benefit pension plan consulting.
• Knowledge of pension legislation and actuarial standards of practice including pension plan valuation, financial projections, risk assessment, and regulatory requirements.
• Ability to develop relationships at the highest levels of client organizations and influence decision-makers.
• Ability to mentor junior team members and manage multiple projects simultaneously.

Responsibilities

• Maintain and grow client relationships, lead client meetings, and act as trusted advisor.
• Provide recommendations to optimize defined benefit pension plans including plan design, valuation, risk management, regulatory compliance, and employee education.
• Lead and mentor junior team members and oversee project delivery, budgets, and timelines.
• Promote visibility in the industry through presentations at conferences or workshops on retirement plans and pension risk management.
• Identify and pursue new business, support RFPs and marketing materials to drive growth.

Skills

Actuarial modelling

Pension risk mgmt

Client relationship mgmt

Project management

Communication skills

Analytical thinking

Education

Actuarial Science or related field degree

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

TELUS Health Consulting 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 well-being 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 Benefit Consulting practice 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 Benefit Consulting team brings a wealth of knowledge and expertise to every engagement.

We welcome candidates from across Western Canada. While we have offices in Calgary and Vancouver, we're fully equipped to support remote work. If you're near one of our locations, you'll have the option to work hybrid; wherever you're based, we're committed to supporting your success.

The impact you’ll make and what we’ll accomplish together

We are seeking a highly skilled and experienced Senior Actuarial Consultant to join our team. As a Senior 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: maintaining and developing excellent relationships with clients, overseeing all aspects of client service and account management, leading client meetings, acting as the main point of contact and trusted advisor, understanding their needs and developing proactive and creative solutions to meet client needs, and collaborating with other lines of business, introducing other services to clients as appropriate.
• Actuarial Consulting Services: providing recommendations to optimize the strategic management of defined benefit pension plans, including plan design, valuation, risk management, regulatory compliance, employee education, and plan administration, developing and implementing strategic plans aligned with clients’ long-term objectives and contributing to the long-term sustainability of the plan for clients and their members.
• Team Leadership: supporting team engagement by providing mentorship, guidance and technical expertise to junior team members, overseeing the delivery of projects, managing scope of work, quality, fees, budgets and timelines.
• External Market Presence: promoting and maintaining visibility in the industry, including delivering presentations at conferences or workshops on topical matters related to retirement plans and pension risk management.
• Business Development: identifying and developing new business, ensuring the ongoing growth of existing clients as well as providing support on RFPs, finalist presentations and marketing collateral to drive lead generation.

You have…

• 10+ years of experience in defined benefit pension plan consulting
• Knowledge of pension legislation and actuarial standards of practice including pension plan valuation, financial projections, risk assessment, and regulatory requirements
• Proven ability to develop relationships at the highest levels of client organizations and influence decision-makers
• Ability to work collaboratively in a team environment, supporting the growth and mentorship of junior team members
• Solid project management skills 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 sound judgment and a deep understanding of actuarial models and ability to synthesize complex information and analyze layered situations
• Thought leadership and subject matter expertise
• Excellent communication, consulting and presentation skills to effectively convey complex actuarial concepts to clients and stakeholders
• Strong attention to detail and accuracy in data analysis and reporting
• A passion for continuous learning and staying updated with the latest developments in actuarial science, financial markets, industry developments and emerging trends related to the pension industry
• Business and financial acumen, knowledge of strategies and tactics required in the marketplace and ability to bring creative ideas to market
• Ability to meet performance targets

Nice to have…

• Professional actuarial exams and certifications: fully qualified FCIA or close to qualifying
• Bilingual (English and French)

Salary Range: $110,000 - $150,000

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.

TELUS Health 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 work, live and serve
• Career growth and learning & development opportunities to develop your skills
• And much more...

Job Type: This is for a current vacancy.

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.