Actuarial Analyst – LifeWorks

Title of the Job: Actuarial Analyst

Location: Vancouver, BC

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 teamTELUS Health 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 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 Consulting team brings a wealth of knowledge and expertise to every engagement.Here’s the impact you’ll make and what we’ll accomplish togetherAre you highly analytical, savvy with problem solving, detail oriented and a collaborative team player? If so, we are seeking an Actuarial Analyst to join our team. You will help support best in class pension programs by assessing the financial health of pension plans, conduct plan valuations, analyze funding requirements, and ensure regulatory compliance. If you are interested in learning more about the pension industry and possess the ability to provide accurate and reliable financial analysis, we invite you to apply for this exciting opportunity to contribute to TELUS Health.What you’ll do…Assess the financial health of pension plans by regularly conducting valuations (i.e., plan assets, liabilities, participant demographics, and investment performance to determine the funding status of the plan)Calculate pension benefits for a plan participant based on factors such as years of service, salary history, and retirement age; ensuring calculations comply with plan rules, government regulations, and actuarial principlesHelp plan sponsors determine the appropriate contribution levels to ensure long-term sustainability of the planAssist in the design and modification of pension plansYou have…Post-secondary education in Actuarial Science, Mathematics, Statistics, or a related fieldSuccessful completion of at least 2 exams from the SOA or CIAStrong competency with MS Office, particularly Word, Excel and PowerPointWhat you bring…Solid analytical and problem-solving skillsExcellent communication skillsAbility to work collaboratively in a team environment and manage multiple projects simultaneouslyStrong attention to detail and accuracy in data analysis and reportingContinuous learning mentality; staying updated with the latest developments in actuarial science, regulatory requirements, and industry standardsNice to HaveBilingual (English and French)Salary Range: $55,000 – $67,000Performance Bonus or Sales Incentive Plan: 3%Actual total compensation will be determined based on factors such as knowledge, skills, performance and experience. In addition, 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 familyFlexibility to work in-office, virtually or a combination of bothGenerous company matched pension and share purchase programsOpportunity to give back to communities in which we work, live and serveCareer growth and learning & development opportunities to develop your skillsAnd much more …#LI-SD1A bit about usWe’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.

Company Name: LifeWorks

Salary: $55000 – 67000 per year

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