Early Careers: Actuarial Intern, Retirement
2 months ago
Posting Description:
**Actuarial Intern, Retirement Consulting - Winter 2025**
Do you have strong analytical skills and want to develop your skills in a changing professional environment? Aon is looking for Actuarial Intern, Retirement Consulting in Toronto, CA
This is a hybrid role with the flexibility to work both virtually and from our offices.
- Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit._
**Aon is in the business of better decisions**
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
**How this opportunity is different**
This is an exciting opportunity for students to learn, contribute, and gain real world work experience in a collaborative environment. You will have the chance to learn more about Aon's culture and businesses while developing practical skills necessary for future success and postgraduate opportunities. The program equips interns with an understanding of working in an environment dedicated to exceeding client expectations and delivering products and services distinct to unique client needs.
Job Responsibilities:
**What the day will look like**
- Involvement in actuarial valuations for funding purposes for pension plans;
- Involvement in actuarial valuations for accounting purposes;
- Involvement in the preparation of actuarial costings and projections;
- Provide routine technical and analytical support to ensure the continuous efficient operation of our clients' pension plan arrangements;
- Read and interpret pension plan texts;
- Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
- Completing government filings with pension regulators;
- Calculate benefit entitlements and prepare option packages on retirement, termination, death and marriage breakdown;
- Participating in internal seminars regarding current industry issues and technical training; and
- Working with a variety of Excel-based actuarial tools.
**Required Skills**:
**Skills and experience that will lead to success**
- Good oral and written communication skills and ability to work in a team environment;
- Thorough and good organizational skills;
- Good knowledge of Excel and Word; and
- Previous work experience or actuarial co-op experience in a consulting/insurance environment is an asset.
**Education**:
- Students should be enrolled in Actuarial Sciences, Mathematics, Statistics or Business Administration; and
- Applicants should preferably be in 2nd work term or above.
**How we support our colleagues**
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
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