Key Responsibilities

As an Actuarial Analyst, you will:

• Conduct and draft pension plan funding valuations and IAS reports for review by the Actuary.
• Attend client meetings alongside the Actuary to present and explain valuation results.
• Review, validate and process pension administration data for actuarial analysis.
• Analyze trust deeds, plan rules, investment contracts, historical actuarial reports and market data.
• Verify pension plan accounts, demographic data and membership changes across valuation periods.
• Calculate member benefits, liabilities, investment returns and plan surpluses/deficits.
• Determine payments due to members upon plan wind-up, including surplus distribution and prepare reports for clients.
• Value benefit obligations and explain changes in the results from one period to the next.
• Translate plan rules into formulas to calculate benefits payable to members on exit of a pension plan, including retirement, termination or death.
• Support the Actuary with additional tasks as required.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics or a related field.
• At least one completed exam from a recognized actuarial body (preferred but not required).
• Experience in pensions or actuarial work is an asset.
• Strong mathematical, analytical and problem-solving skills.
• Familiarity with pension regulations, actuarial models and funding methods is an asset.
• Proficiency with Microsoft Excel, Word and PowerPoint.
• Excellent organizational skills and attention to detail.
• Strong interpersonal and communication abilities.