Actuarial Health

We are seeking a talented Actuarial Health & Benefits Associate to join our team at Mercer. This role will be based in Montreal or Quebec City. This is a hybrid role that has a requirement of working at least three days a week in the office.

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.

We will count on you to:

• Participate in delivering impactful solutions for organizations of any size and varied industries and have a direct impact on their employees.
• Work in a collaborative environment on a wide variety of client teams with any number of our Health colleagues.
• Support clients in the financial and strategic management of their employee benefit programs through analysis and communication.
• Perform basic or complex calculations with respect to the costs of our clients' employee benefit plans and insurance arrangements, including using Mercer's internal tools to price plan design changes and prepare future cost projections.
• Develop project management and consulting skills including managing the quality and timeliness of client deliverables, participating in client calls and meetings as appropriate and assisting with the preparation of client-friendly communications.
• Develop deeper understanding of the following, through online training, group sessions, or one-on-one training with colleagues: Health and Benefits products, services and technical tools offered by Mercer, vendor/carrier markets, basic underwriting skills, budget-setting, rate-setting and evaluation.
• Provide accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs.
• Validate and compare premiums for group benefit plans under vendor 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's needs.
• Analyze cost drivers by reviewing client's utilization data and looking for year-over-year trends or comparisons to external benchmarks using data provided from client's vendor reports or raw data from external databases.
• Perform analyses for larger, more complex clients, including more in-depth analysis of complex situations that may require additional research or discussion with Mercer subject matter experts.
• Perform technical reviews of any of the above when prepared by a junior member of a client team.
• Gather necessary data from the vendor or client; review to ensure it is complete, accurate and reasonable; and prepare data in a particular template or format for use in basic or advanced financial analyses.
• Work with your client teams to develop recommendations and reports for clients based on your analysis
• Review amendments, contracts, and booklets
• Assist with Special Risk accounts

What you need to have:

• Previous work-related experience obtained during internships or co-op work terms
• Bilingual (French/English)
• Strong organizational skills
• Strong oral and written communication skills
• Ability to handle multiple tasks in a demanding fast-paced work environment
• The ability to work in a team environment where the priorities and requirements may change quickly
• Time management skills
• Proficiency with Microsoft Office (Excel, Word, PowerPoint)
• Will be required to obtain and maintain appropriate licenses as required by provincial regulations and Mercer policies.

What makes you stand out:

• Post-secondary degree or equivalent experience in business, mathematics, statistics, finance or a related field.
• Familiarity or experience with group insurance benefits (through work experience, CEBS GBA designation or working towards it)
• 5-10 years of relevant experience.
• LLQP or equivalent based on Province

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 an 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.

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.