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Important Note for Applicants:
Please ensure that your application is submitted through the appropriate channels as outlined by our internal process.
Empower Your Career:
Join a dynamic global organization that values diverse perspectives and fosters an inclusive environment. At OMERS, we are committed to creating a workplace where you can thrive and contribute to meaningful projects.
As a leading global investor, we manage a sustainable pension plan that prioritizes the interests of our members. With teams across major cities worldwide, we embody a culture that reflects the values of our 600,000+ members.
Your Role:
Reporting to the Director of Actuarial Services, the Associate plays a crucial role in providing technical actuarial and strategic support for OMERS pension plans. You will collaborate closely with the Strategy & Actuarial team and engage with various specialists across different business units.
Key Responsibilities:
- Assist in the preparation and review of benefit calculations requiring actuarial expertise.
- Organize and analyze membership data files for actuarial valuation purposes.
- Utilize internal actuarial valuation systems to generate necessary results for funding and projection valuations.
- Develop reports and presentation materials for senior management and boards.
- Collaborate with Finance on actuarial forecasts and with Risk on metric calculations.
- Support technical and analytical activities, including trend analyses and actuarial studies.
- Contribute to the development and testing of systems and analytical tools to enhance service delivery.
- Apply knowledge of pension plan texts and administration practices to address issues effectively.
- Review publications and communication materials for accuracy and completeness.
- Stay informed on regulatory changes and industry trends to ensure compliance and relevance.
- Uphold privacy and internal records management policies.
Qualifications:
- A university degree, preferably in actuarial science, statistics, or mathematics.
- Progress towards Associateship/Fellowship of the Canadian Institute of Actuaries is highly desirable.
- Two to five years of experience in the pension or financial industry.
- Familiarity with Canadian pension legislation.
- Strong analytical skills with a solid understanding of actuarial principles and statistical concepts.
- Excellent communication and interpersonal skills, with a client-service orientation.
- Proven organizational abilities with attention to detail and time management.
- A proactive approach to process improvements and a commitment to continuous learning.
- Proficiency in technology, including Excel, PowerPoint, and actuarial software.
At OMERS, we are dedicated to fostering an inclusive workplace that reflects the communities we serve. We are an equal opportunity employer, committed to a recruitment process that is barrier-free and promotes a sense of belonging for all employees.