Actuarial Consultant – Workers’ Compensation

LifeWorks, Inc. • $58K — $107K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative discipline.
  • 4-7 years of relevant experience in actuarial analysis, workers’ compensation, insurance, consulting, or financial analytics.
  • Progress toward or completion of a recognized actuarial designation is an asset.
  • Experience with Canadian workers’ compensation programs and experience-rating methodologies is strongly preferred.
  • Proficiency in analytical, reporting, or business-intelligence tools.
  • Experience analyzing large datasets and developing financial or actuarial models.
  • Strong written and verbal communication skills, with the ability to present technical findings to non-technical audiences.
  • Bilingualism in French and English is mandatory.

Responsibilities

  • Conduct actuarial and financial analyses related to workers’ compensation costs and employer performance.
  • Develop and maintain models for estimating future claims costs and financial outcomes.
  • Analyze historical trends to identify risks and opportunities.
  • Evaluate the financial impact of claims developments and regulatory changes.
  • Support analyses related to experience-rating programs across Canadian jurisdictions.
  • Perform scenario modeling and sensitivity analyses for business decisions.
  • Translate data into actionable insights for strategic decision-making.

Benefits

  • Comprehensive total rewards package including competitive salary and bonus structures.
  • Minimum 3 weeks of vacation and a flexible benefits plan.
  • Flexibility to work in-office, virtually, or a combination of both.
  • Generous company-matched pension plan.
  • Opportunities for community involvement and giving back.
  • Career growth and learning & development opportunities.
Full Job Description

Join our team and what we'll accomplish together

The Actuarial Consultant plays a key role in delivering analytical and actuarial services to employers across Canada. The incumbent conducts complex analyses, prepares actuarial studies and financial projections, interprets workers’ compensation data, and translates technical findings into clear, actionable recommendations.

Working closely with client experience, claims management, reporting and business solutions teams, the Actuarial Consultant supports clients in understanding their workers’ compensation performance, assessing financial risks and identifying opportunities to improve outcomes.
This is a mid-level individual-contributor role combining technical expertise, business judgment and direct client interaction.

What You'll Do


Actuarial Analysis and Studies

  • Conduct actuarial and financial analyses related to workers’ compensation costs, premiums, assessments, claims experience and employer performance.
  • Develop and maintain models used to estimate future claims costs, premiums, reserves and potential financial outcomes.
  • Analyze historical trends and emerging experience to identify material changes, risks and opportunities.
  • Evaluate the financial impact of claims developments, legislative or regulatory changes, and workers’ compensation program decisions.
  • Support analyses related to experience-rating programs across Canadian jurisdictions.
  • Perform scenario modelling and sensitivity analyses to support business and client decisions.
  • Validate data, investigate discrepancies and work with internal stakeholders to resolve data-quality issues.
  • Contribute to the development and improvement of analytical tools, reporting solutions and standardized methodologies.
  • Translate data into meaningful insights that support both strategic and operational decision-making.

Client Consulting and Presentations

  • Present analytical findings, actuarial results and recommendations to clients and internal stakeholders.
  • Explain complex technical information in a clear, concise and business-oriented manner.
  • Prepare professional client deliverables, including reports, presentations, executive summaries and supporting documentation.
  • Respond to client questions and provide guidance on workers’ compensation performance and financial implications.
  • Develop a strong understanding of each client’s operations, risk profile and objectives to ensure that analyses remain relevant and actionable.

What You Bring

  • Bachelor’s degree in actuarial science, mathematics, statistics, finance or a related quantitative discipline.
  • Approximately four to seven years of relevant experience in actuarial analysis, workers’ compensation, insurance, consulting or financial analytics.
  • Progress toward, or completion of, a recognized actuarial designation is an asset.
  • Experience working with Canadian workers’ compensation programs, experience-rating methodologies or occupational health and safety data is strongly preferred.
  • Experience working with analytical, reporting or business-intelligence tools.
  • Experience analyzing large datasets and developing financial or actuarial models.
  • Strong written and verbal communication skills, including the ability to present technical findings to non-technical audiences.
  • Bilingualism in French and English is an mandatory

.

Key Competencies

  • Strong analytical and problem-solving capabilities.
  • Sound professional judgment and attention to detail.
  • Ability to connect technical findings with business and client implications.
  • Clear, concise and confident communication.
  • Strong presentation and data-storytelling skills.
  • Client-focused and collaborative approach.
  • Ability to manage multiple priorities and deliver high-quality work within established timelines.

Salary Range: $58,100-$107,900 CAD


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 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.


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Joignez-vous à notre équipe et découvrez ce que nous accomplirons ensemble


Le conseiller ou la conseillère en actuariat joue un rôle clé dans la prestation de services analytiques et actuariels aux employeurs partout au Canada. La personne titulaire effectue des analyses complexes, prépare des études actuarielles et des projections financières, interprète les données sur l’indemnisation des accidents du travail et traduit les conclusions techniques en recommandations claires et réalisables.


En travaillant en étroite collaboration avec les équipes de l’expérience client, de la gestion des réclamations, des rapports et des Solutions d’affaires, le conseiller ou la conseillère en actuariat aide les clients à comprendre leur rendement en matière d’indemnisation des accidents du travail, à évaluer les risques financiers et à cerner les possibilités d’améliorer les résultats.

Il s’agit d’un poste de niveau intermédiaire comportant une contribution individuelle qui allie expertise technique, jugement commercial et interaction directe avec la clientèle.

Ce que vous ferez


Analyse et études actuarielles

  • Effectuer des analyses actuarielles et financières liées aux coûts, aux primes, aux cotisations, à l’historique de la demande de règlement et au rendement des employeurs en matière d’indemnisation des travailleurs.
  • Élaborer et tenir à jour des modèles utilisés pour estimer les coûts futurs des réclamations, les primes, les réserves et les résultats financiers potentiels.
  • Analyser les tendances historiques et l’expérience émergente afin de cerner les changements importants, les risques et les opportunités.
  • Évaluer l’incidence financière de l’évolution des réclamations, des changements législatifs ou réglementaires et des décisions concernant les programmes d’indemnisation des travailleurs.
  • Soutenir les analyses liées aux programmes de tarification par l’expérience dans les territoires canadiens.
  • Effectuer des modélisations de scénarios et des analyses de sensibilité pour appuyer les décisions d’affaires et les décisions des clients.
  • Valider les données, examiner les écarts et collaborer avec les parties prenantes internes pour résoudre les problèmes de qualité des données.
  • Contribuer à l’élaboration et à l’amélioration d’outils d’analyse, de solutions de production de rapports et de méthodologies normalisées.
  • Transformer les données en données significatives qui appuient la prise de décisions stratégiques et opérationnelles.

Consultation et présentations auprès des clients

  • Présenter les conclusions analytiques, les résultats actuariels et les recommandations aux clients et aux parties prenantes internes.
  • Expliquer des renseignements techniques complexes de manière claire, concise et axée sur les affaires.
  • Préparer des livrables professionnels pour les clients, notamment des rapports, des présentations, des sommaires exécutifs et de la documentation à l’appui.
  • Répondre aux questions des clients et fournir des conseils sur le rendement en matière d’indemnisation des travailleurs et ses incidences financières.
  • Développer une solide compréhension des activités, du profil de risque et des objectifs de chaque client afin de veiller à ce que les analyses demeurent pertinentes et exploitables.

Ce que vous apportez

  • Baccalauréat en actuariat, en mathématiques, en statistiques, en finance ou dans une discipline quantitative connexe.
  • Environ quatre à sept années d’expérience pertinente en analyse actuarielle, en indemnisation des travailleurs, en assurance, en consultation ou en analyse financière.
  • La progression vers l’obtention ou l’obtention d’un titre actuariel reconnu est un atout.
  • Une expérience de travail avec les programmes canadiens d’indemnisation des travailleurs, les méthodologies de tarification par l’expérience ou l

About LifeWorks, Inc.

LifeWorks, Inc. Careers

Joining LifeWorks, Inc. presents an unparalleled opportunity to become part of a leading team dedicated to professional growth and innovation in the industry. LifeWorks, Inc. is renowned for its commitment to excellence and a culture that fosters diversity and leadership.

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LifeWorks, Inc. offers a variety of job opportunities that cater to a range of skills and professional interests. Whether seeking an entry-level position or a more senior role, LifeWorks, Inc. provides a platform for career advancement and personal development.

Internship Programs

Embark on a professional journey with LifeWorks, Inc. through its dynamic internship programs. These opportunities allow individuals to gain hands-on experience, enhance their resumes, and develop essential skills in a real-world setting. Internships at LifeWorks, Inc. are a stepping stone to full-time employment and a flourishing career.

Professional Growth and Benefits

LifeWorks, Inc. is dedicated to the professional growth of its team members, offering extensive training and development programs. Employees enjoy comprehensive benefits that support both their professional and personal lives, ensuring a well-rounded employment experience.

Inclusive Culture and Diversity

The company prides itself on a workplace culture rooted in diversity and inclusion. LifeWorks, Inc. believes that a diverse team inspires innovation and enhances problem-solving capabilities. Through diversity training and inclusive hiring practices, LifeWorks, Inc. ensures that all team members have the opportunity to contribute and succeed.

Networking and Leadership Development

LifeWorks, Inc. encourages its employees to engage in networking and leadership development activities. These initiatives are designed to build strong professional networks and develop the leadership skills necessary for career advancement within the company.

Innovation at LifeWorks, Inc.

At the forefront of innovation, LifeWorks, Inc. continually seeks to implement cutting-edge solutions and services. The team at LifeWorks, Inc. is composed of dedicated professionals who bring creativity and expertise to every project, driving the company's success in a competitive market.

Hiring Process

The hiring process at LifeWorks, Inc. is designed to identify and attract top talent. Candidates undergo a thorough interview process that assesses their skills, cultural fit, and potential for growth within the company. LifeWorks, Inc. values transparency and communication, ensuring that all applicants receive timely updates and feedback.

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LifeWorks, Inc. is actively hiring and looking for motivated individuals who are ready to take their careers to the next level. Explore the open positions and find where your skills and passions align with the needs of LifeWorks, Inc.

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