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Loblaw Companies

Retailer operating grocery and pharmacy chains

Senior Manager - Pensions

Compensation & BenefitsPosted on Nov 11
Full-timeToronto, ON, CanadaCA$120k - CA$154k /yrIn-person

About the Job

Requirements

  • Hold FSA/FCIA credentials and have at least 10 years of experience as a defined benefit pension actuary and consultant.
  • Have strong technical knowledge of pension plan design, funding, accounting, governance, risk management, and administration.
  • Demonstrate actuarial judgment and analytical thinking, including the ability to perform technical analysis, identify risks, assess alternatives, and recommend practical solutions.
  • Have communication and presentation skills to explain complex technical concepts to non-technical audiences.
  • Have stakeholder and project management skills, including navigating competing priorities, building consensus, and driving results without direct authority.
  • Be able to work independently, exercise sound judgment, proactively resolve issues, and escalate matters requiring senior leadership involvement.

Responsibilities

  • Support the Director of Pensions & Savings in governance, financial risk management, and overall pension and savings strategy for registered defined benefit pension plans, registered defined contribution pension plans, and capital accumulation plans.
  • Lead execution of approved pension and savings initiatives by developing implementation plans, coordinating workstreams, engaging stakeholders, monitoring progress, and resolving issues.
  • Identify required analysis and work, provide direction to internal teams and external advisors, and leverage their experience and resources to deliver results.
  • Work with external advisors and actuaries to prepare information and recommendations for management meetings, stakeholder meetings, and quarterly governance meetings.
  • Monitor regulatory, market, and actuarial developments, assess their impact on members, programs, and the Company, and communicate that impact.
  • Develop other team members and foster a positive work environment.
  • Engage internal stakeholders and external partners to support pension and savings plan strategy or updates.

Desired Qualifications

  • Translate strategic direction into effective execution.
  • Identify program improvement and operational efficiency opportunities and solve problems.
  • Navigate a complex, fast-paced environment while managing multiple priorities and stakeholders.

About the Company

Loblaw Companies

Retailer operating grocery and pharmacy chains

Loblaw operates a nationwide network of grocery stores and pharmacies in Canada, serving as a one-stop destination for food, health, and beauty. Its stores use a self-serve format to keep prices lower and offer private-label lines, including No Name and President’s Choice, alongside national brands; it also provides pharmacy services through Shoppers Drug Mart. The company differentiates itself with its scale, integrated grocery and pharmacy offerings, and strong private-label brands that drive value and convenience across many locations. Its goal is to be Canada’s leading retail destination for food, health, and beauty by delivering value and a seamless shopping experience across a connected network.

Company size
10,001+
Company stage
IPO
Headquarters
Brampton, Canada
Founded
1919

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