Senior Retirement Actuarial Consultant

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.

Mercer Canada is seeking a Senior Retirement Actuarial Consultant for our Wealth business located in Montréal

What can you expect?

• Are you looking to join a team that accomplishes outstanding and innovative work? Mercer is the global leader for trusted HR and related financial advice, products, and services. In our work with clients, we make a positive impact on the world every day. We do this by enhancing the financial and retirement security, health, productivity, and employment relationships of the global workforce.
• Mercer provides opportunities for its employees to personalize their roles and careers within the Company. We encourage the sharing of intellectual capital in a spirit of partnership. You can expect to be challenged and to be rewarded for your achievements.
• Help make a difference in the lives of hundreds of millions of people each and everyday
• Take part in interesting and challenging projects across a wide array of different clients
• Work within a growing Wealth team that collaborates seamlessly between retirement and investment advice and solutions
• Be at the heart of innovation in Canada – Mercer has a track record of using our scale and depth of resources to develop solutions where we see gaps in the marketplace
• A huge opportunity to learn and try different roles (e.g. Financial Strategy Group, Annuity Purchase Team, Asset/Liability Study, accounting experts, working with regulators to shape future legislation)
• The Senior Associate focuses on ensuring Mercer delivers customized retirement risk transfer solutions to clients of all sizes with an emphasis on the efficient implementation of the solutions.
• The Senior Associate also manages and develops analysts on internal client teams to ensure operational excellence and efficiency and participates in promoting Mercer services and solutions to existing clients.
• To fulfill this role, the Senior Associate will be the lead consultant on small clients and/or second on medium to large clients and may also play a key role on some of our largest clients. This entails having shared responsibility for the Wealth business' client relationship and client financials.

What is in it for you?

• At Mercer, we're as invested in creating brighter futures for our own people as we are for our clients. To help you reach your full potential, we offer a culture, benefits and resources that support your wellbeing and career development.
• The opportunity to work with some of the smartest and most energetic people in the industry, who will nurture, challenge and enable you.
• A dynamic, collaborative and inclusive culture, where diversity is embraced – and you are celebrated and appreciated for who you are.
• The opportunity to network, share views, and learn from others by getting involved with our Business Resource Groups: PRIDE, , Racial & Ethnic Diversity and Rising Professionals Network.
• The chance to make a positive difference in your local community by using your paid time off to volunteer through events organized by Mercer Cares, our community outreach and volunteerism BRG.
• A huge variety of virtual learning and development resources to support your personal and professional growth.
• Competitive rewards supporting your financial wellbeing, including compensation, retirement savings, stock purchase plan, and more.
• Offerings geared at your overall wellness, including comprehensive medical, dental, vision, and fitness benefits, as well as life insurance and child and elder care programs.
• Generous paid time off and a flexible work schedule that accommodates your home life and commitments outside of work.

We will count on you to:

• Act as the main point of contact for the client on some client teams or projects.
• Deliver consulting advice and risk transfer solutions to all size of clients and be a key project manager for activity on small/mid-size clients.
• Liaise with other lines of business and/or other geographies to coordinate service delivery
• Perform or oversee necessary calculations or analysis with respect to DB pension plan funding and accounting valuations, special retirement projects, including assumption and experience studies, cash flow modelling, demographic projections, and costings of plan changes.
• Designing and implementing strategies to manage defined benefit pension plan volatility, including funding strategy, plan design and risk transfer solutions.
• Working with investment consultants to manage pension plan risk from a holistic perspective and looking at both sides of the balance sheet.
• Work in an integrated team of professionals to resolve modern actuarial problems in the Canadian pension landscape.
• Delegate, manage, and review analysis and client work by analysts. Act as final technical review for client projects. Sign funding and accounting valuation reports if the candidate has the relevant designations.
• Create project work plans and monitor timelines and budgets.
• Identifies new revenue growth opportunities with clients and manages proposal process.
• Independently facilitates client meetings and acts as a trusted advisor to clients.
• Takes some ownership of client relationships; primary day-to-day contact for client.

What you need to have:

• Bachelor's degree in Math, Actuarial Science, Statistics, Economics, Finance or related field
• 5+ years pension-related work experience, preferably in a Consulting environment
• Successful client relationship experience
• Proven project management experience
• Superior proficiency in Microsoft Excel
• Strong independence but also a collegial team player
• Willingness to share ideas and voice opinions
• Strong communication skills

What makes you stand out:

• Willingness to learn and to think outside of the box
• Deep technical expertise or aptitude
• FSA, FCIA would be an asset but not required

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 20,000 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 more than 85,000 colleagues and annual revenue of over $23 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 Follow Mercer 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 individual's 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. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.