Senior Actuarial Consultant

LifeWorks, Inc.$110K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in defined benefit pension plan consulting
  • Deep knowledge of pension legislation and actuarial standards
  • Proven relationship-building skills with high-level client decision-makers
  • Experience in mentoring junior team members effectively
  • Solid project management capabilities to juggle multiple projects
  • Effective performance target achievement
  • Proficiency in MS Office, especially Word, Excel, and PowerPoint
  • Post-secondary education in Actuarial Science, Mathematics or related field

Responsibilities

  • Maintain and develop strong client relationships as a trusted advisor
  • Provide strategic recommendations for managing defined benefit pension plans
  • Lead and mentor team members while managing project scope and quality
  • Promote visibility in the industry by presenting at conferences
  • Identify and pursue new business opportunities for client growth

Benefits

  • Comprehensive rewards package including competitive salary and bonuses
  • Minimum 3 weeks of vacation with a flexible benefits plan
  • Generous company-matched pension contributions
  • Flexibility to work in-office, at home or a hybrid model
  • Opportunities for community engagement and support
  • Career growth with learning and development programs
Full Job Description

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.

 

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.

Explore Job Opportunities

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.

Career Opportunities Await

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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LifeWorks, Inc. is not just a company; it's a place where careers are nurtured, and futures are built. Join the team and be part of a community that values hard work, creativity, and a commitment to excellence.
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