Pension Actuarial Analyst – Toronto

Location: Greater Toronto Area

PBI Actuarial Consultants Ltd. is currently seeking an Actuarial Analyst to join our Greater Toronto Area (Burlington) team.

About us

PBI is an employee-owned Canadian firm with offices in Vancouver, Montreal and Toronto.

PBI is a firm that specializes in providing pension, benefit and investment consulting services for the private and public sector, multi-employer and jointly trusteed pension plans and benefit plans. For more information about PBI, please see our website:  www.pbiactuarial.ca.

The GTA office offers opportunities beyond traditional actuarial pension consulting.  Being the company’s youngest location, the Pension Actuarial Analyst will work closely with a small dynamic team to serve our growing client base. As a result, you will be exposed to unique actuarial work and have the opportunity to work directly with clients.  You will also have the opportunity to support the firm in a variety of interesting projects ranging from research, innovation, marketing, and growth.

A unique work environment

PBI’s work philosophy is based on open-mindedness and the active involvement of all its associates.

In fact, our company encourages growth both on a personal and professional level inside a healthy, respectful learning environment. More specifically, our core values are cooperation, self-sufficiency for teams as well as individuals, dedication towards our clients and our Company, development of skills, confidentiality, efficiency, creativity, thoughtful decision-making, precision and synergy.

Tasks and responsibilities

To fulfill this role, the individual will:

  • Prepare actuarial valuations for pension plans, including gain and loss analysis
  • Program and develop liabilities using actuarial principles, including running test cases
  • Value liabilities under various plan design scenarios and for special costings
  • Collect and analyze plan experience data for input into assumptions
  • Complete and/or review asset and data reconciliations
  • Prepare and validate membership data to be used for actuarial valuations for pension/benefit plans
  • Produce and/or review pension benefit calculations or any other documents pertaining to pension plan administration
  • Prepare power-point presentations to share with clients
  • Communicate with clients and external providers on day-to-day benefit administration issues
  • Draft reports and other various internal or client documents
  • Interpret and apply pension plan texts, administrative policies and related legislation
  • Provide assistance for any related work or special projects
  • Develop routine client correspondence
  • Assist with market research
  • Be part of a dynamic team motivated to bring new ideas and solutions to clients and prospective clients

Qualifications

  • University degree in actuarial science, statistics, mathematics or finance
  • 0 to 2 years of experience within the field
  • Desire to qualify as an ACIA or FCIA
  • Proficient in computer software such as Microsoft Word, Excel and PowerPoint
  • Demonstrates attention to detail and is well organized
  • Strong analytical and problem-solving skills

Other qualities

  • Strong written and spoken communication skills
  • Able to manage priorities and work on several simultaneous projects within strict deadlines
  • Strongly dedicated to keeping clients satisfied
  • Able to easily adapt to a new work environment
  • Is a team player, yet is self-sufficient and shows initiative
  • An independent worker who likes a quieter office environment
  • Able to work within a smaller office

Terms and conditions of employment

  • Permanent position
  • 40-hour weekly schedule
  • Salary will be based on experience and our internal policy in force
  • Enrolment in extended health benefits and company pension plan
  • Enrolment in PBI’s actuarial exam program, which covers exam and study material costs as well as providing study time support
  • Starting date: January 2022 or earlier

Those who would like to apply must send their resume along with a cover letter to Laura Grant:

By email:    

Deadline:    October 31, 2021