Analyst, Actuary

Role Overview

Reporting directly to the Manager, Actuary, the Analyst, Actuary will provide actuarial and analytical support across pension administration and core actuarial activities  role is suited for an early‑career actuarial professional who seeks to develop technical pension expertise and gain exposure to pension administration, funding, valuation, actuarial modelling, and strategic initiatives within a collaborative pension environment.

• Pension administration calculations and actuarial support activities;
• Actuarial modelling and funding analysis;
• Valuation and funded status monitoring;
• Preparation of actuarial reports and presentation materials;
• Onboarding and employer analysis activities; and
• Actuarial projects and process improvement initiatives.

• Perform complex pension administration calculations including retirements, terminations, pre‑retirement death cases, family law calculations, and other pension‑related calculations.
• Support the development, maintenance, testing, and validation of actuarial pension administration tools and processes.
• Analyze and interpret pension plan provisions, pension legislation, and administrative practices in support of pension calculations and member scenarios.
• Participate in quality assurance and validation activities related to pension calculations and system functionality.
• Assist with identifying opportunities to improve actuarial administration processes, controls, and operational efficiency.
• Support documentation and governance practices related to pension administration actuarial activities.

• Perform actuarial analysis related to funding, valuation assumptions, demographic experience, and risk management activities.
• Perform actuarial modelling, liability analysis, funded status monitoring, and funding projections with guidance from senior team members.
• Prepare actuarial analysis, reports, presentations, and supporting materials for internal stakeholders and governance committees.
• Support actuarial analysis related to onboarding and growth initiatives, including pension provision comparisons and member impact analysis.
• Research actuarial, legislative, demographic, economic, and industry developments relevant to UPP and assess potential implications.
• Participate in actuarial projects and cross‑functional initiatives supporting long‑term sustainability and operational effectiveness.

• Collaborate with internal stakeholders across Pension Services, Finance, Investments, Legal, and other teams to support actuarial analysis and reporting activities.
• Support annual financial reporting, audit requests, actuarial disclosures, and regulatory reporting requirements.
• Coordinate with external consultants, auditors, and professional advisors as required.
• Contribute to documentation, knowledge‑sharing initiatives, and continuous improvement activities within the actuarial function.
• Support additional projects and initiatives as required.

• Bachelor’s Degree in Actuarial Science, Mathematics, or an equivalent quantitative discipline.
• Progress toward ASA/ACIA designation.
• 0 to 5 years of relevant actuarial or pension experience.
• Pension actuarial internship or co‑op experience is considered an asset.
• Strong technical proficiency with MS Excel and Microsoft Office applications.
• Experience with actuarial modelling tools, pension administration systems, or valuation software is considered an asset.
• Familiarity with Pro Val or similar actuarial software is considered an asset.
• Familiarity with Ontario pension legislation, the Income Tax Act, and CIA standards of practice is considered an asset.

• Strong analytical, quantitative, and problem‑solving skills.
• Strong attention to detail and commitment to accuracy.
• Effective verbal and written communication skills, including the ability to explain technical concepts clearly.
• Ability to manage multiple priorities and meet deadlines in a dynamic environment.
• Collaborative team player with a strong willingness to learn and develop professionally.
• Strong interpersonal skills and ability to…