Montreal Actuarial Analyst New Grads

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

• 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

• 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

• 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
• Unde…