Dean Newell, vice-president, HR, Actuarial Solutions

Dean Newell is vice-president of Actuarial Solutions Inc. and manages the organization’s actuarial practice. He performs valuations for pension and post-retirement benefit plans for the purpose of funding, accounting and plan windup. In addition, he has experience consulting with plan sponsors on matters affecting pension and post-retirement benefit plans, including plan design, plan conversion, benefit improvement costing, legislative compliance, plan documentation, plan administration and risk management.

Newell has significant expertise with the various global accounting standards affecting pension and post-retirement benefit plans, such as the Certified Public Accountant Canada handbook, the U.S.’s Generally Accepted Accounting Principles and the International Financial Reporting Standards. He prepares financial statement accounting disclosures (i.e. balance sheet, income statement and note disclosures) for the pension and post-retirement benefit plans sponsored by his clients. In addition, he has substantial experience in assisting auditors with their review of pension and post-retirement benefit plan’s financial statement accounting disclosures.

Newell also has experience advising clients on mergers and acquisitions. He prepares financial due-diligence analyses on target companies’ benefits plans where, upon completion of transaction, he works with the acquiring firm in implementing the new benefits strategy.

He joined Actuarial Solutions in 2007 and is a fellow of the Canadian Institute of Actuaries and the Society of Actuaries. In 2002, he graduated with honours from the University of Waterloo with a bachelor of mathematics. His experience includes the retirement practice at the accounting firm PricewaterhouseCoopers.

Newell is a frequent contributor to Actuarial Solutions blog and has been quoted in various industry publications such as Benefits Canada and the Benefits and Pensions Monitor.

He’s a frequent volunteer with the Canadian Institute of Actuaries and other professional bodies.