Senior Actuarial Analyst, Benefits

Referred applicants should not apply directly to this role.

All referred applicants must first be submitted through Workday by a current Loblaw Colleague.

Come make your difference in communities across Canada, where authenticity, trust and making connections is valued - as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.

At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.

Company Overview:

Loblaw is Canada's food and pharmacy leader with a network of corporate and independently operated stores in communities across the country. Loblaw's purpose - Live Life Well - supports the needs and well-being of Canadians who make one billion visits each year to the company’s stores. Loblaw recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we build in our organization.

Through strategic, financial and technical pension and group benefit expertise, the mandate of the Pensions & Benefits Centre of Excellence (“COE”) at Loblaw Companies Limited is to oversee the wealth and health strategies for the group of Companies which includes George Weston Limited, the Loblaw Group of Companies (including Shoppers Drug Mart) and Choice Properties REIT.

The group of companies sponsor several health & wellness programs including medical, drugs, dental, life & disability insurance and other wellness programs. In its day-to-day activities, the COE works with our business partners within Loblaw and across our group of companies to provide a positive colleague experience while supporting business needs with respect to our total rewards programs.

Roles and Responsibilities:

Reporting to the Director, Benefits, the candidate will work directly with the Benefits Team, to provide consulting and benefits support in the oversight and administration of health & wellness programs enterprise wide with a focus on program strategy and the alignment of programs with HR and corporate objectives.

A successful candidate will be a key member of the team providing day to day support of our programs and will have involvement in the following:

• Assist with management of all group benefit plans including the review and revision of policies and calculation of cost implications of plan redesign or union negotiating demands
• Assist in preparation of forecasting for the annual benefits budget for business operations
• Development and maintenance of dashboard of key program metrics and statistics
• Analysis of member data to generate insights to help inform health & wellness program strategy
• Ensure benefit plans are operating in accordance with legislation, company guidelines, and union collective agreements
• Assist with the investigation and resolution of escalated benefit issues to provide information in non-routine situations
• Assist with the evaluation and comparison of existing employee benefits with those of other employers by analyzing other plans, surveys, and other sources of information
• Identify and implement process improvement opportunities and development of policies
• Special project work including acquisitions, harmonization and plan design

Other key responsibilities include:

• To be the primary contact for day to day program support
• Develop and maintain relationships with a wide variety of stakeholders including internal business partners, other departments, service providers, vendors and consultants
• Drafting and review of plan member communication

Qualifications:

• 1 to 5 years of benefits actuarial consulting experience or recent graduate from an actuarial science program with actuarial exams
• Preferred education in Actuarial Sciences, Math, Statistics or Finance
• Strong project management, analytical and mathematical skills, with strong attention to detail
• Demonstrated problem-solving and organizational skills
• Excellent interpersonal skills combined with strong communication (both verbal and written) skills
• Client-focused and pro-active
• Proven ability to be innovative and resourceful while prioritizing and handling multiple tasks in a demanding work environment
• Work effectively in a team environment, and contribute to a positive, effective team atmosphere
• Possess a strong work ethic, is responsible and reliable
• Advanced in Excel and thorough knowledge of Word and PowerPoint
• Other assets include fluency in French (not required) and ASA designation or pursuit of actuarial designation

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars - Environment, Sourcing and Community - and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values - Care, Ownership, Respect and Excellence - guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits - these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.

We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

Please Note:
Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.