Actuarial Services & Consulting
Actuarial services
Expert analysis that gives employers and fiduciaries an edge
Efficiently meet your regulatory needs for funding and accounting valuations, and use our extended insights to improve resiliency and outcomes for your organization and your plan members
In delivering the actuarial insights that allow you to focus on what matters.
Collaborating to meet your distinct needs
We know the actuarial analysis and market dynamics, you know your organization. Our consultants collaborate with you to develop funding strategies, actuarial reporting, real-time monitoring, and financial risk management that meet the needs and recognizes the constraints of you and your stakeholders.
Together we build a custom approach that enables:
- Adequate and sustainable plan design
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Management of funding and financial/demographic risk
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Demonstrably strong governance
- Effective financial reporting and market disclosures around your plans
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Membership insights to support effective communication programs and HR planning
The edge to make impactful decisions
Telus Health (formerly LifeWorks) helps organizations extract value from actuarial insights:
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Support employee engagement and appreciation of plan value
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Stay resilient and competitive by focusing on the most impactful steps to manage cost and risk
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Make properly costed and informed decisions that stand up to scrutiny
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Understand and respond to the impact of demographic profiles and shifts in your plan membership
Meanwhile, employees gain retirement security, peace of mind, and a roadmap to financial wellness today and in retirement.
Deep, broad expertise
With over 50 years of providing custom actuarial consulting, we manage all evolving complexities of legislation and regulations – so you don’t have to.
We support public and private sector organizations in the actuarial aspects of:
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Funding valuations and budgeting
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Pension and post-employment benefit accounting valuations and reporting
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International social security, life and health & insurance
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Mergers and acquisitions
Case study
Saint John Energy, an electrical distribution utility servicing the city of Saint John, New Brunswick, had a mature defined benefit (DB) pension plan that had existed for 80 years.