Int. Actuarial Consultant will report to the Managing Director, Pension Risk and will collabora[...]

Actuarial Consultant will report to the Managing Director, Pension Risk and will collaborate with the Pension Risk and ALM product teams.

Location: Hybrid Downtown Toronto (2 days/week)

The opportunity

The Actuarial Consultant will be part of a team of actuarial experts that manage the liability risk and long-term sustainability of the pension plan. The main responsibility of the role is to provide support on the Asset-Liability Management (ALM) model redesign project.

Who you’ll work with

The Actuarial Consultant will report to the Managing Director, Pension Risk and will collaborate with the Pension Risk and ALM product teams.

Within the Risk Division, Pension Risk is a team of specialized individuals responsible for supporting the Board, Plan Sponsors and Executive Team by informing the design and funding of the pension plan, managing the liability risk, influencing decision makers, and delivering insightful actuarial research and analysis.

What you’ll do

The role involves collaborating with the Pension Risk team (actuarial) and the product team (software engineers) to implement ALM model functionality.

Key Responsibilities:

• Work closely with the Pension Risk and IT teams to develop and document business requirements for the model.
• Analyze current ALM processes, identify gaps, and propose improvements.
• Translate business needs into clear, actionable requirements for system development and testing.
• Ensure all requirements comply with pension regulations and industry standards.
• Maintain thorough documentation of requirements and process changes.
• Ensure that the model adheres to business needs by supporting testing efforts through development of testing methodologies and tools

What you’ll need

We are seeking an actuarial contractor with expertise in ALM within the pension industry to support the redesign of our ALM model.

• Actuarial background with 3-5 years' experience in pension asset-liability modeling.
• Strong understanding of pension regulations, financial products, and risk management.
• Experience in writing business requirements for actuarial or financial systems.
• Excellent communication and analytical skills.
• Experience with ALM systems or financial modeling tools is a plus.