Senior Actuary

Organization: Teachers' Retirement Allowances Fund (TRAF); Winnipeg; On-site; CAD 100,000 - 150,000; Full time

Job summary

Teachers' Retirement Allowances Fund (TRAF) seeks an experienced actuarial professional to serve within Actuarial Services. The role covers a broad range of actuarial, administrative and project duties, with a focus on improving pension administration processes and systems.

You will provide expert guidance on benefit calculations, data integrity and regulatory compliance while supporting system changes, valuations and governance activities.

Qualifications

• Post-secondary degree in business, mathematics or actuarial science.
• Actuarial designation (ASA/ACIA or FSA/FCIA).
• Seven or more years of work experience in pension administration or managing related work.
• Experience with pension administration systems and process improvements is a strong asset.
• Strong leadership, judgment and ability to influence across functions.
• Proficient with Microsoft Office (Word, PowerPoint, Excel); PowerQuery and PowerBI are assets.
• Excellent communication, teamwork and problem-solving skills.
• Ability to work across organizational levels with limited supervision.
• Strong knowledge of pension legislation in administration.

Responsibilities

• Act as an actuarial subject matter expert for pension administration and provide guidance on benefit calculations and plan interpretation.
• Identify and advance improvements to pension processes, controls, data integrity and system configurations.
• Provide expertise to ensure processes and systems align with policy, legislation and administration objectives.
• Offer senior-level guidance for UAT, implementation planning, and post-implementation validation of system changes.
• Interpret legislative and actuarial changes and recommend compliant implementation approaches.
• Support external valuations, experience studies, and projections with data and assumptions.
• Support governance, audits, and documentation related to pension calculations and systems.
• Provide mentorship to actuarial and administrative staff on complex matters.

Skills

Actuarial expertise

Leadership

Communication

MS Office

PowerBI

VBA

Education

Degree in business/math/actuarial science

Actuarial designation ASA/ACIA or FSA/FCIA

Tools

PowerBI

PowerQuery

VBA (Visual Basic for Applications)

Job description

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Organization: Teachers' Retirement Allowances Fund (TRAF)

Province: Manitoba

Location: Winnipeg

Description

The position functions as a comprehensive resource within Actuarial Services, capable of stepping into a wide range of actuarial, administrative and project‑related duties as required, while also playing a key role in the ongoing improvement of pension administration processes and related systems.

• Act as an actuarial subject matter expert for pension administration, providing guidance on complex benefit calculations, plan interpretation, member data integrity, actuarial standards and the application of pension legislation.
• Identify, assess and advance improvements to pension administration and actuarial processes, controls, calculations, data integrity and system configurations to enhance efficiency, consistency, member experience and risk management.
• Provide expertise to pension administration, operations, actuarial and technology functions to ensure process and system solutions are aligned with internal policy, legislation, strategic technology and administration objectives and plan provisions.
• Provide senior‑level guidance and actuarial and administrative expertise for user acceptance testing (UAT), implementation planning, and post‑implementation validation of pension administration system changes and related tools, ensuring accuracy, compliance and operational reliability.
• Interpret and assess the impact of legislative, regulatory and actuarial standard changes on pension administration processes and systems and recommend practical and compliant implementation approaches.
• Support external actuarial valuations, experience studies and projections, as well as internal actuarial analyses and special projects, including the preparation, review and validation of supporting data and assumptions.
• Support documentation, governance and audit requirements related to pension calculations, actuarial processes and administration systems, including internal reviews and external audits.
• Provide technical mentorship and guidance to actuarial and administrative staff on complex actuarial, pension administration and system matters.

Requirements

• Post‑secondary degree in business, mathematics or actuarial science.
• Actuarial designation (e.g., ASA/ACIA, FSA/FCIA).
• Seven or more years of work experience in pension administration or managing the associated work.
• Experience with pension administration systems and process improvements is a strong asset.
• Strong leadership and judgment and an ability to influence across functional areas.
• Proficient with Microsoft Office, including Word, PowerPoint and Excel. Experience with Visual Basic for Applications and data tools such as PowerQuery and PowerBI is an asset.
• Effective communication skills.
• Ability to perform within a team environment with limited supervision.
• Strong knowledge of pension legislation as it applies to administration.
• Strong analytical, documentation and communication skills.
• Exceptional interpersonal, problem‑solving and facilitation skills with an ability to work with all levels of the organization.