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Associate Actuary

4 months ago

Edmonton, Canada Alberta Pensions Services Corporation (APS) Full time

**Position**: Associate Actuary

**Position Type**: Full Time Permanent, Excluded [Internal /Excluded]

**Location**: Edmonton, Alberta

**Pay Group**: Pay group VI

**Salary Range**: $91,496.00 - $130,709.00

Don’t miss this opportunity to take APS to the next level
- join our Actuarial Services team

What you’re passionate about
You are a team-oriented actuarial expert with a passion for improving processes and developing new solutions through innovation. You enjoy collaborating with others and aligning business processes with compliant, accurate solutions. In your world, integrity cannot be sacrificed, and you understand the need to balance your approach with risk, optimization, practicality, and client needs. Knowing that the work you are doing has a direct impact on others is what gets you out of bed in the morning. Dedicated, growth-orientated, and forward-thinking, you are ready for more, and you are ready to help APS move to the next level.
A typical day for the Associate Actuary
- Anticipate needs and propose solutions to internal and external stakeholders, taking into consideration financial and administrative impacts of the different alternatives, compliance, risk, design and functionalities.
- Ensure actuarial standards and practices are employed in the development of policy alternatives as they relate to the development of solutions to administrative or pension plan design problems or issues.
- Create and maintain sustainable high-quality tools, processes and methods that will analyze and help mitigate risks, including the use of data analytics when applicable.
- Lead projects with mínimal oversight, including creating the framework, structure and steps toward a solution for new initiatives.
- Improve understanding of pension and actuarial concepts of other business areas by explaining the purpose and reason behind the concepts.
- Collaborate and provide recommendations within Actuarial Services and other business areas in reducing risk and achieving regulatory compliance.
- Perform independent validations on calculations to identify system and process defects.
- Liaise with pension plan actuaries to ensure that they received the data needed for the actuarial valuation.
- Ensure accurate implementation and certification of website estimators following plan modifications and/or change in assumptions.
- Build strong relationships with internal and external stakeholders.
- Provide service to external agencies that occasionally require actuarial support.
- Stay up to date with respect to actuarial standards, legislation and pension plan rules to mitigate risks.

What you bring
- Associate of the Canadian Institute of Actuaries (ACIA) designation.
- University degree with an actuarial background and a minimum of 10 years of defined benefit pension-related experience.
- Expert knowledge of highly technical areas of defined benefit pension plans, including legislation, administration, risk and actuarial practice.
- Exceptional project management skills with the ability to develop a new framework for a project without having a reference structure.
- Superior analytical thinking and problem-solving skills.
- Strong communication skills, including verbal, written, interpersonal and presentation.
- Proven ability to work effectively in a team setting or independently, as needed.
- Working knowledge of data analytics is an asset.

Why choose APS
APS is made up of hard-working, respectful and talented people who understand and invite diversity to the workplace. We take pride in holding ourselves accountable and continuing to meet or exceed service levels for plan members, pensioners and employers. We ensure they receive quality services because they—along with our people—are the reason we endure and succeed.

And it sure feels good helping hard-working Albertans receive their well-deserved pensions.
What APS has to offer
- Defined benefit pension plan
- Flexible work arrangements that make sense to you: work from home, compressed work weeks and more
- Community-minded workplace with a friendly team environment
- Vacation starting at 15 days per year, 13 statutory holidays, personal days, plus office closure between Christmas and New Year’s Day
- Competitive benefit package featuring extended health and dental benefits and a 100% employer-paid flexible spending account
- In-house training programs, extensive career development and coaching program, access to external education opportunities and wellness programs
- Discount programs through various partner agencies