Job Graduate Actuarial Analyst in Toronto

WHO WE ARE

We’re Mercer - a global consulting leader in health, wealth and career. Mercer has more than 25,000 colleagues based in 43 countries. We help clients worldwide from small businesses to Fortune 1000 companies advance the health, wealth and performance of their most vital asset – their people.

Mercer’s Wealth Retirement Consulting Team is seeking an Actuarial Analyst for our Toronto office starting between July - September 2023.

WHAT A TYPICAL DAY LOOKS LIKE IN WEALTH (RETIREMENT) CONSULTING BUSINESS | ANALYTICAL SERVICES:

• 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 pension landscape, including union negotiations, risk transfer and public policy

WHAT WE VALUE:

• Strong 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

• Ability to work in teams and be flexible to work under tight deadlines and changing client needs

• Superior organizational skills and strong attention to detail

WHAT’S IN IT FOR ME?

• Be challenged to deliver impactful solutions for organizations of any size and varied industries 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

PREFERRED QUALIFICATIONS:

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

• Strong preference will be given to students demonstrating progress towards the ASA/FSA designation

• Previous work-related experience

Join Us

At Mercer, we believe that diversity and inclusion are vital components of our future and our goal is to leverage the unique skillsets that each person brings to the company. We provide our employees with a supportive, collaborative environment that leads to innovative ideas and the ability to make an impact. If you thrive on a challenge and enjoy connecting with people, we’re looking for you!

What's Next?

In order to be considered, submit your complete application by providing a cover letter, your resume and your most recent transcript in PDF format, via our career section before May 15th, 2023.

We will review completed application submission and you will be contacted if you are selected for an interview.

In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, 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 a medical need, feel free to contact TANA@mmc.com.

About Mercer

Mercer’s roots are in Canada – founded 75 years ago and continues to be one of the elite Canadian business and employment brands. Currently, the Canadian business earns $340+M CAD in revenue and employs 1,000+ colleagues across Mercer’s core services areas. Along with Marsh, Guy Carpenter and Oliver Wyman, Mercer is one of four Marsh McLennan businesses with a significant Canadian presence.

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 83,000 colleagues and annual revenue of nearly $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit https://www.me.mercer.com/. Follow Mercer on Twitter @Mercer.

At Mercer, we’re creating a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally – regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here.