Actuarial Services

6 days ago

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

**Position**: Actuary

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

**Location**: Alberta

**Pay Group**: Pay group VII

Don’t miss the opportunity to take APS to the next level
- join our Actuary team

What you’re passionate about

You enjoy working with data to uncover compliance issues and supporting stakeholders to resolve these issues. You have an uncanny ability to identify process improvements that mitigate compliance risks and create efficiencies to make work easier. Strong organizational skills, attention to detail to ensure the accuracy of compliance information, and strong customer service skills are what help you develop and maintain positive relationships with various employers in the program. These are just a few of the reasons why this position could be a great fit for you.

A typical day for the Actuary
- Provide analysis and policy advice in the areas of plan design, implementation alternatives and system controls.
- Ensure actuarial standards and practices are employed in the development of policy alternatives as they relate to the development of solutions to administrative or plan design issues.
- Lead projects and provide special reports to evaluate administrative processes and ensure the overall consistency with assumptions and processes used to determine liabilities and plan normal costs.
- Provide recommendations for policy, regulatory and process changes.
- Provide guidance regarding actuarial standards, Income Tax Act (ITA) rules and general pension best practices.
- Deliver input and advice to the development of processes, procedures, and implementation of system changes as this relates to plan formulas and valuation processes.
- Provide guidance as required regarding the implementation of changes relating to plan administrative formulas and ITA changes, including updating and creation of documentation as well as the rationale required to support the implementation.
- Maintain up-to-date information with ITA and Employment Pension Plans Act (EPPA) requirements and assist with documenting the implications of changes to the administrative and system processes.
- Build and validate manual calculators as needed to administer pension events.
- Lead organizational initiatives to resolve outstanding actuarial issues related processing and system requirements that arise periodically.
- Provide service to external agencies that occasionally require actuarial support services from APS as needed.
- Liaise with plan actuaries in all areas relating to actuarial determinations performed by APS on behalf of pension plan members
- Collaborate and assist with coordinating certification of system revisions to actuarial calculations in accordance with CIA standards, plan assumptions and regulatory requirements.
- Assist with training staff on actuarial principles and system implementations to enhance understanding of calculations determined by the pension administration system.
- Solve problems by managing risk

What you bring
- A Fellow of the Canadian Institute of Actuaries
- Pension-related experience
- Knowledge of highly technical areas of pension plans, including taxation, legislation, administration, and actuarial practice.
- Thorough understanding of complex pension plans, as well as working with pension actuaries.
- Well-rounded project management skills.
- Demonstrated ability to coach and mentor as required.
- Efficient organizational and time management skills.
- Proven ability to work effectively in a team setting or independently, as needed.
- Strong communication skills, including verbal, written, interpersonal and presentation.

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, relocation and more
- Community-minded workplace with a friendly team environment
- Vacation starting at 20 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 LinkedIn Learning tracks
- Discount programs through various partner agencies

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