Actuarial Analyst 2026 Winter and Fall Internship - Montreal
Actuarial Analyst 2026 Winter and Fall Internship - Montreal
Posted on :
08-04-2025
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1 Vacancy
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Job Description
Company:
MercerDescription:
Mercer Canada
- Wealth (Retirement) Consulting Business Global Actuarial Services Delivery
- Wealth (Investment) Consulting Business
- Health & Benefits Consulting Business
- Pension Administration Services
- International Consulting Business
We are seeking talented individuals to join our teams at Mercer Canada. These roles will be based in Montreal. This is a hybrid role that has a requirement of working at least three days a week in the office. The above listed teams are looking for Actuarial Analyst Interns for 2026* Winter and Fall Internships.
In Wealth (Retirement) Consulting Business Global Actuarial Services Delivery we will count on you to:
- Perform retirement and postretirement benefits actuarial valuation including validation of data analysis of the plans gains and losses analysis of the plans asset performance and preparation of the valuation report and related forms
- Production of yearend 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 clients employee pension plans and executive pension benefits including cash flow modelling demographic projections and evaluation of liabilities within an assetliability 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 clientspecific data for reporting
- Play an important role in investment manager searches asset allocation studies and other adhoc investmentrelated 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 postretirement 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 clients 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 postemployment 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.
What you need to have:
- Completion of one 1 session towards a bachelors degree in actuarial science mathematics statistics finance administration or a related field when internship begins
- Superior analytical skills and working knowledge of Excel and others MSOffice 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).
Why join our team:
- We help you be your best through professional development opportunities including our actuarial education program interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues clients and communities.
- Our scale enables us to provide a range of career opportunities as well as benefits and rewards to enhance your wellbeing.
- Be challenged to deliver impactful solutions for major organizations and have a direct impact on their employees.
Whats next
Please provide a cover letter your resume and your most recent transcript via our website at www.mercer (Careers Section). We will review application submissions and you will be contacted if you are selected for an interview. Kindly mention for each internship(s) you are applying your preference order for the city(ies) (Montreal Ottawa Toronto or other) and the semester(s) for which you request an internship.
* Please note that the availability of 2026 Winter and Fall internships depends on the rules of your university career services.
Mercer a business of Marsh McLennan (NYSE: MMC) is a global leader in helping clients realize their investment objectives shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk strategy and people advising clients in 130 countries across four businesses: Marsh Guy Carpenter Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit mercer or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background disability ethnic origin family duties gender orientation or expression marital status nationality parental status personal or social status political affiliation race religion and beliefs sex/gender sexual orientation or expression skin color or any other characteristic protected by applicable law. In accordance with applicable legislation Marsh McLennan 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 individuals 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 office or working onsite with clients at least three days per week. Officebased teams will identify at least one anchor day per week on which their full team will be together in person.Required Experience:
IC
Employment Type
Full-Time
Key Skills
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