Actuarial Analyst

1 day ago


Montréal, Canada Mercer Full time

**Actuarial Analyst**

**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**:

- 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
- Understand group benefit coverage by reviewing contractual documents for the employer and employees
- Calculate pension benefits and prepare statements of entitlements resulting from various events (termination of employment, retirement, death, divorce, transfer, etc.) for members of pension plans
- Update and manage client’s databases
- Prepare annual statements for active and inactive members
- Calculate pension adjustments (PA) and pension adjustment reversals (PAR)
- Prepare annual information returns for submission to governmental authorities
- Work in collaboration with professionals to meet the needs of our clients and their employees
- Participate in the continuous improvements of systems and procedures
- Act as a resource person for clients and their employees on plan benefits and other administration processes
- Understand the provisions of the plans and the various applicable laws

**What you need to have**:

- A bachelor's degree in actuarial science, mathematics, statistics, finance, administration or a related field.
- 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.
- Ability to work in teams and be flexible to work under tight deadlines and changing client needs.
- Superior organizational skills and strong attention to detail.
- Bilingualism (English/French)

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.

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-bas


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