Health & Actuarial Associate

Company:

Mercer

We are seeking a talented individual to join our H&B Consulting team at Mercer as a Health & Benefits Actuarial Associate
.

This role will be based in Toronto
. It is a hybrid role requiring presence in the office at least three days a week.

You will deliver impactful solutions for organizations of any size and across varied industries, directly influencing their employees. You will work collaboratively on a wide variety of client teams and support clients in the financial and strategic management of their employee benefit programs through analysis and communication.

• Provide accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs.
• Lead actuarial valuations of post‑retirement and post‑employment benefits, including data validation, assumption setting, and report preparation.
• Validate and compare premiums for group benefit plans under vendor 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.
• Analyze cost drivers by reviewing client’s utilization data and looking for year‑over‑year trends or comparisons to external benchmarks using vendor reports or raw data from external databases.
• Perform analyses for larger, more complex clients, including more in‑depth analysis for situations that may require additional research or discussion with Mercer subject matter experts.
• Perform technical reviews of any of the above when prepared by a junior member of a client team.
• Gather necessary data from the vendor or client; review to ensure it is complete, accurate and reasonable; and prepare data in a particular template or format for use in basic or advanced financial analyses.
• Work with client teams to develop recommendations and reporting based on your analysis.
• Review amendments, contracts, and booklets.
• Assist with Special Risk accounts.

• Working toward actuarial designation with the Society of Actuaries and/or Canadian Institute of Actuaries.
• 3-4 years related experience in employee benefits consulting or related actuarial valuation work.
• Strong organizational skills.
• Strong oral and written communication skills.
• Ability to handle multiple tasks in a demanding fast‑paced work environment.
• Ability to work in a team environment where priorities and requirements may change quickly.
• Time‑management skills.
• Proficiency with Microsoft Office (Excel, Word, PowerPoint).
• Requirement to obtain and maintain appropriate licenses as required by provincial regulations and Mercer policies.

• Post‑secondary degree or equivalent experience in actuarial science, mathematics, statistics, finance or a related field.
• Familiarity or experience with group insurance benefits (through work experience, CEBS GBA designation or working toward it).
• LLQP or equivalent based on Province.

• Professional development opportunities, interesting work and supportive leaders.
• Vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients and communities.
• Range of career opportunities, plus benefits and rewards to enhance your well‑being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. For more information about Mercer, visit

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs and employee assistance programs.

The applicable base salary range for this role is $84,000 to $126,000.

Performance‑based incentives may also be available.

This is a Replacement position.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. All prospective employees may request reasonable accommodation for a disability or medical need. Contact reaso for more information.