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TELUS

Principal, Actuarial Consulting

Posted 7 Days Ago
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3 Locations
Senior level
3 Locations
Senior level
The Principal in Actuarial Consulting will develop strategic long-term plans for clients' defined benefits pension schemes. Responsibilities include providing pension plan advisory services, effective communication of actuarial concepts, driving business growth, and mentoring team members. This role requires extensive knowledge in pension schemes, risk assessment, and regulatory requirements while fostering client relationships at all levels.
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TELUS Health and LifeWorks have recently come together to leverage the power of technology and our caring cultures to further progress our shared goal of building a healthier and friendlier future for all. 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 and what we’ll accomplish together
TELUS Health Retirement 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 Retirement 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 together

As a Principal within our Actuarial Consulting practice, you will leverage your broad business and financial acumen, along with your deep understanding of the pension landscape, to develop strategic long term plans for our clients’ defined benefits pension schemes. As a trusted advisor, you will lead and influence internal and external stakeholders, providing a higher level of actuarial consulting to address complex business challenges while growing the practice within your region. If you are a seasoned actuarial professional with a passion for innovation and a drive to make a difference, we invite you to join us on our mission to create a brighter future for our clients and their workforce. 

What you’ll do…  

  • Pension Plan Advisory: provide proactive and thoughtful consulting, delivering integrative solutions and overseeing all aspects of client service, including quality of service provided by all LOB’s; leveraging your deep understanding of the DB pension landscape.

  • Communication and Reporting: effectively convey intricate actuarial concepts to clients and stakeholders in a concise and comprehensible manner. Leverage your knowledge of industry developments and emerging trends.

  • Business Development: play a crucial role in driving business growth for Retirement Consulting by identifying new business opportunities with existing and new clients positioning TELUS Health as a leader in the market.

  • Leadership: foster the development of team members through coaching, mentoring and providing regular feedback; ensuring effective teamwork, collaboration and knowledge sharing to enhance team engagement.

You have…

  • 10+ years of experience in pension plan consulting

  • Professional actuarial designation such as FCIA, ASA or FSA

  • Solid understanding of the various pension schemes and actuarial standards of practice within the Public and Private sectors including risk assessment, financial projections, and pension plan evaluation

  • Knowledge of regulatory requirements, financial markets, and industry developments and emerging trends related to the pension industry

  • Strong client relationship management, up to C-suite, based on trusted advisor model

  • Ability to identify new business opportunities, drive revenue growth, and meet budget and profitability targets  

  • Proven leadership and mentorship to team members, ensuring high-quality deliverables while fostering a collaborative and supportive work environment

What you bring…

  • Ability to understand client needs, provide strategic guidance, and ensure client satisfaction

  • Strong analytical and problem-solving skills, with a deep understanding of mathematical models and statistical analysis

  • Excellent communication skills to effectively convey complex actuarial concepts to clients and stakeholders

  • Continuous learning and staying updated with the latest developments in actuarial science and industry trends

Nice to Have

  • Bilingual (English and French) 

Where permitted by law, company employees must be fully immunized to access a TELUS Health office or customer premises.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to [email protected].

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.

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