Actuarial Specialist

3 weeks ago


Montreal, Quebec, Canada Mercer Full time

Global Actuarial Services Delivery (GSD Canada)

The Wealth Consulting Business brings together our Retirement and Investment consulting businesses to help develop holistic and integrated solutions to financial wellness. The Health Consulting Business helps employers regarding their medical, dental, life, disability benefit plans and programs. The Global Actuarial Services Delivery (GSD Canada) team delivers exceptional analytical services across Wealth and Health businesses that make a difference in our consultants, our clients and their members lives. We use our analytical skills to promote a higher level of consistency, quality and efficiency.

Mercer is seeking candidates for the following position based in the Montreal office:

Actuarial Specialist (Associate) – Retirement & Health Benefits

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 rewarded for your achievements.
  • Help make a difference in the lives of hundreds of millions of people each and every day.
  • Take part in interesting and challenging projects across a wide array of different clients.
  • 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.

What is in it for you?

  • Be challenged to deliver impactful solutions for major organizations and have a direct impact on their employees.
  • Be part of our great training and development programs, including our actuarial education program.
  • Opportunity to work with the best tools, resources and some of the smartest people in the industry.
  • Be part of a work environment that promotes social connection and work-life flexibility.
  • Be provided opportunities to personalize your role and career.
  • Be rewarded for your achievements.

We will count on you to:

  • Lead, delegate and review analysis and client work.
  • Act as technical leader for client projects.
  • Direct, coach and guide the work of actuarial analysts.
  • Create project work plans and monitor timelines and budgets.
  • 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.

What you need to have:

  • A bachelor's degree in actuarial science, mathematics, statistics, finance, administration, or a related field.
  • 3+ years pension and/or post-retirement benefits-related work experience preferably in a consulting environment.
  • Superior analytical skills and working knowledge of Excel and others MS-Office 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).

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 approximately 25,000 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.



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