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Actuarial Associate
2 months ago
We are seeking a highly skilled Actuarial Associate to join our team at Oxford Properties Group. As a key member of our Actuarial Services team, you will play a critical role in supporting the delivery of our pension plans.
Key Responsibilities- Prepare and review benefit calculations, including actuarial and subject matter support for the Pensions team.
- Organize and interpret membership data files for actuarial valuation purposes.
- Use internal actuarial valuation systems to generate results for annual funding valuations and other scenarios.
- Prepare reports and presentation materials for senior management and the AC and SC Boards.
- Collaborate with the Finance team on actuarial forecasts and the Risk team on risk metric calculations.
- Assist the Strategy & Actuarial team with technical and analytical activities, including trend and sensitivity analyses, benefit provision utilization analyses, and actuarial studies.
- Develop and test systems and analytical tools to maintain top-tier delivery of in-house actuarial services.
- Use knowledge of OMERS pension plan texts and administration practices to raise, triage, or resolve issues.
- Assist with the review of accuracy and completeness of publications, communication materials, and financial statements.
- Stay up-to-date on regulatory/policy changes, new OMERS initiatives, and trends in the actuarial profession and pension industry.
- University degree in actuarial science, statistics, or mathematics.
- Demonstrated progress towards Associateship/Fellowship of the Canadian Institute of Actuaries.
- Two to five years of pension or financial industry work experience.
- Knowledge of Canadian pension legislation.
- Highly analytical abilities with a mathematical aptitude and understanding of actuarial principles, statistical concepts, and interest theory.
- Strong client-service attitude, team spirit, and communication skills.
- Strong organizational skills with the ability to manage workload, deliver accurate work, and maintain attention to detail.
- Ability to identify and implement process enhancements or automate tasks to ensure efficient delivery of activities.
- Strong aptitude for technology, including proficiency in Excel, PowerPoint, and actuarial valuation software.
Oxford Properties Group is a purpose-driven, dynamic, and sustainable pension plan with a global presence. We are committed to an inclusive, barrier-free recruitment and selection process and strive to cultivate a sense of belonging and connection among our employees. We offer a people-first culture that values diversity, expertise, and experience.