Associate Actuary

Posted Friday, February 23, 2024 at 7:
00 AM

Position:
Associate Actuary

Position Type:
Full-time, Permanent, Excluded

Location:
Edmonton, Alberta

Classification:
Pay Group VI

Salary Range:
$92,868.00 to $132,669.00

Closing Date:
Open until suitable candidate is found

Don't miss this opportunity to take APS to the next level -
join our Actuary Services team!

What you're passionate about

You are a team-oriented actuarial expert eager to improve processes and develop new and innovative solutions. Being a pension detective is just one of your talents. Yes, you believe pensions are fun! Strategic thinking, managing risk and ensuring quality is what gets you out of bed in the morning. You never shy away from digging into the details while managing practicality. Passionate, growth-orientated, and forward-thinking, you are ready to share your actuarial expertise and 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 minimal 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 receive 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.
• Advanced knowledge of Microsoft Excel and working knowledge of other Microsoft Office applications, including Word and PowerPoint.
• Working knowledge of data analytics is an asset.

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.

• 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 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