Actuarial Principal

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

TELUS Health Consulting 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 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.

The impact you’ll make and what we’ll accomplish together

As a Principal within our Defined Benefit 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 benefit pension plans. 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 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.
• 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.

You have…

• 15+ years of experience in defined benefit pension plan consulting
• Professional actuarial designation such as FCIA or FSA
• Solid understanding of pension legislation and actuarial standards of practice within the public and private sectors including risk assessment, financial projections, and pension plan valuation
• 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)

Salary Range and Benefits

• 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 and share purchase programs
• 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 …

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.