Actuarial Analyst – 2024 & 2025 New Grads

Description : Mercer Canada

Mercer Canada

Wealth (Retirement) Consulting Business Global Actuarial Services Delivery

Wealth (Investment) Consulting Business

Health & Benefits Consulting Business

Pension Administration Services

International Consulting Business

Mercer is seeking candidates for the following position based in the Montreal office : Actuarial Analyst 2024 & 2025 New Grads

What can you expect?

Are you looking to join a team that accomplishes outstanding and innovative work? Mercer is the global leader for trusted HR and related financial advice, products, and services.

In our work with clients, we make a positive impact on the world every day. We do this by enhancing the financial and retirement security, health, productivity, and employment relationships of the global workforce.

Mercer provides opportunities for its employees to personalize their roles and careers within the Company. We encourage the sharing of intellectual capital in a spirit of partnership.

You can expect to be challenged and rewarded for your achievements.

Help make a difference in the lives of hundreds of millions of people each and every day.

Take part in interesting and challenging projects across a wide array of different clients.

Be at the heart of innovation in Canada Mercer has a track record of using our scale and depth of resources to develop solutions where we see gaps in the marketplace.

What is in it for you?

Be challenged to deliver impactful solutions for major organizations and have a direct impact on their employees.

Be part of our great training and development programs, including our actuarial education program.

Opportunity to work with the best tools, resources and some of the smartest people in the industry.

Be part of a work environment that promotes social connection and work-life flexibility.

Be provided opportunities to personalize your role and career.

Be rewarded for your achievements.

What you need to have :

A bachelor's degree in actuarial science, mathematics, statistics, finance, administration or a related field.

Superior analytical skills and working knowledge of Excel and others MS-Office software programs.

Excellent interpersonal, verbal, and written communication skills.

Intellectual curiosity; seeking opportunities to develop new skills.

Strong aptitude for teamwork and a willingness to be adaptable to meet deadlines and accommodate shifting client needs.

Superior organizational skills and strong attention to detail.

Bilingualism (English / French).

What’s next?

Please provide a cover letter, your resume and your most recent transcript, via our website at (Careers Section). We will review application submissions and you will be contacted if you are selected for an interview.

Kindly mention for each job(s) you are applying.

In Wealth (Retirement) Consulting Business Global Actuarial Services Delivery, we will count on you to :

Perform retirement and post-retirement benefits actuarial valuation including validation of data, analysis of the plan’s gains and losses, analysis of the plan’s asset performance, and preparation of the valuation report and related forms

Production of year-end accounting disclosure and projection of expenses for plans under various financial reporting standards including IFRS, CPA and FAS

Complete benefit calculations, review plan documents, produce employee benefit statements and prepare annual government forms

Participation in the design and pricing of client’s employee pension plans and executive pension benefits, including cash flow modelling, demographic projections and evaluation of liabilities within an asset-liability framework

Production of various experience studies to refine demographic and financial assumptions used in actuarial valuations

Designing and implementing strategies to manage defined benefit pension plan volatility, including funding strategy, plan design and risk transfer solutions

Work in an integrated team of professionals from different offices to resolve modern actuarial problems in the Canadian retirement benefits landscape, including union negotiations, risk transfer and public policy

In Wealth (Investment) Consulting Business, we will count on you to :

Conduct quantitative and qualitative analysis utilizing Mercer proprietary tools

Produce quarterly performance reports for our clients

Critically analyze different investment markets, managers' investment styles, and portfolio characteristics, and evaluate their impact on investment performance each quarter

Communicate with investment managers, record keepers and custodians to gather and / or clarify client-specific data for reporting

Play an important role in investment manager searches, asset allocation studies, and other ad-hoc investment-related projects

Support consultants in servicing existing clients and prospects

Demonstrate ease and effectiveness when dealing with clients and colleagues at all levels

Represent and promote the face of Mercer, both internally and externally

In Health & Benefits Consulting Business, we will count on you to :

Develop strategies and solutions related to the costs and funding of group insurance plans

Participate in actuarial valuations of post-retirement benefits, including data validation, setting assumptions, analyzing plan gains and losses and preparing the valuation report

Validate and compare premiums for group benefit plans under renewals, quotes or benchmarking exercises with other companies in the industry

Produce quarterly experience monitoring reports for clients and analyze the impact of any recent changes

Analyze financial statements of group insurance plans and review the financial agreement to suit the client needs

Evaluate employer obligations by participating in each step of an actuarial valuation

Assist in updating national databases of Mercer clients

Work in collaboration with professionals to resolve technical actuarial problems specific to group insurance and the business sector

Familiarize oneself with Mercer products and services as well as group benefit market trends in order to meet client needs

Understand group benefit coverage by reviewing contractual documents for the employer and employees

In Pension Administration Services, we will count on you to :

Calculate pension benefits and prepare statements of entitlements resulting from various events (termination of employment, retirement, death, divorce, transfer, etc.

for members of pension plans

Update and manage client’s databases

Prepare annual statements for active and inactive members

Calculate pension adjustments (PA) and pension adjustment reversals (PAR)

Prepare annual information returns for submission to governmental authorities

Work in collaboration with professionals to meet the needs of our clients and their employees

Participate in the continuous improvements of systems and procedures

Act as a resource person for clients and their employees on plan benefits and other administration processes

Understand the provisions of the plans and the various applicable laws

In International Consulting Business, we will count on you to :

Work as a global benefit coordinator for a multinational client foreign benefit renewals activities

Work in collaboration with a consultant to consolidate worldwide pension and other post-employment benefits financial reporting

Coordinate phases of the project with local actuaries across the globe

Review disclosures and assumptions provided by local actuaries for reasonableness, consistency and compliance with appropriate accounting standard

Work in collaboration with a consultant for benefits review projects

Research Mercer internal documentation and surveys on market practices information in foreign countries, such as recent benefit trends and legislative changes

Coordinate benefit review projects with the involved parties (i.e. client local office and HQ, Mercer international consultant, local Mercer specialist, etc.)

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex / gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.

In accordance with applicable legislation, Mercer will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations.

If you require a specific accommodation because of a disability or medical need please contact .

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office.

All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one anchor day per week on which their full team will be together in person, office or working onsite with clients at least three days per week.

Office-based teams will identify at least one anchor day per week on which their full team will be together in person.