Actuarial Analyst – 2026 & 2027 New Grads - Montreal

Location: Montreal

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 below listed teams are looking for Actuarial Analyst (2026 & 2027 New Grads):

Retirement Consulting Business and Global Actuarial Services Delivery

Investments Consulting Business

Health & Benefits Consulting Business

Pension Administration Services

International Consulting Business

In Retirement Consulting Business and 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 Investments 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…