Health Actuarial Analyst – 2026 New Grads

We are seeking a talented individual to join our Health & Benefits Consulting team at Mercer – Canada. This role will be based in Montreal. This is a hybrid role that has a requirement of working at least three days a week in the office.

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.

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

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.
• 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.
• Excellent communication and presentation skills in French and English, as the position requires regular interaction with clients outside of Quebec, as well as collaboration with other members of the team outside of Canada.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

What's next?

Please provide a cover letter, your resume and your most recent transcript, via our website at (Careers Section). We will review application submissions and you will be contacted if you are selected for an interview.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit , or follow 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.