Job Details
Principal, Retirement​ & Financial Solutions | DB Administration (5688)

Job Posting

Principal, Retirement​ & Financial Solutions | DB Administration
Organization:  TELUS Health
Province:  Ontario
Location:  Toronto
Job Start Date: 
Salary: 
Description:

Join our team and what we’ll accomplish together

TELUS Health 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 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 we’ll make and what we’ll accomplish together

As a Principal within our Consulting practice, you will leverage your broad business and financial acumen, along with your deep understanding of the pension landscape, to develop long-term strategic 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

  • Client relationship management: provide proactive and thoughtful consulting, building and maintaining strong relationship with clients, delivering integrative solutions and overseeing all aspects of client service; 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.
  • Team 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.
Requirements:

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
  • Proven ability to develop relationships at the highest levels of client organizations
  • 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
  • Excellent oral and written communication skills in French (proficiency in English is an added advantage)
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field

What you bring

  • Ability to understand client needs, provide strategic guidance, and ensure client satisfaction
  • Strong analytical and problem-solving skills
  • Excellent communication skills to effectively convey complex actuarial concepts to clients and stakeholders

Nice to have

  • Professional designations such as Certified Employee Benefits Specialist (CEBS) or Certified Pension Plan Consultant (CPPC) are an asset
  • Proficiency in pension administration software Ariel

Additional Information:

  • Location Flexibility: The location for this role is flexible. 
  • Workstyles: This position offers flexible workstyles to accommodate various work environments and preferences.
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