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LifeWorks
Principal, Actuarial ConsultingLifeWorks • Fredericton, New Brunswick, Canada
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Principal, Actuarial Consulting

Principal, Actuarial Consulting

LifeWorks • Fredericton, New Brunswick, Canada
30+ days ago
Job type
  • Full-time
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 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 well-being 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 lines of business; 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 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)

Workstyles: This position offers flexible workstyles to accommodate various work environments and preferences.

A bit about us

We’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.

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.

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Principal, Actuarial Consulting • Fredericton, New Brunswick, Canada

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