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Retirement and Benefits Actuarial Consultant

2 months ago

Toronto, Canada CA007 Mercer (Canada) Limited Full time

Description:

We are seeking a talented individual to join our Wealth team at Mercer . This role will be based in Toronto and is a hybrid role that has a requirement of working at least three days a week in the office.

The Retirement and Benefits Actuarial Consultant focuses on ensuring Mercer delivers customized retirement consulting services to clients with an emphasis on the efficient implementation of standard solutions but the ability to contribute to the delivery of more complex solutions as well. You will also manage and develop analysts on internal client teams to ensure operational excellence and efficiency and participates in selling Mercer services and solutions to existing clients.

If you have a background that includes experience in the area of employee health benefits, you will have the opportunity to lead and support on non-pension post-employment benefits valuation projects for traditional financial reporting. To fulfill this role, you will be the lead consultant on small clients and/or second on medium to large clients and may also play a key role on some of our largest clients. This entails having shared responsibilities for the Wealth business’ client relationship and client financials.

We will count on you to:

Deliver consulting advice and services to small clients and be a key project manager for activity on larger clients. Act as the main point of contact for the client on some client teams or projects. Liaise with other lines of business and/or other geographies to coordinate service delivery. Perform or oversee the necessary calculations and analysis on client projects, including analyzing the impact on the client’s retirement and/or health benefits plans (e.g. assumption studies, plan design studies, and acquisition studies). Delegate, manage, and review analysis and client work by analysts. Act as final technical review for client projects. Sign funding and accounting valuation reports if the candidate has the relevant designations. Create project work plans and monitor timelines and budgets.

What you need to have: 

Bachelor’s degree in Math, Actuarial Science, Statistics, Economics, Finance, or related field 5+ years pension-related work experience, preferably in a Consulting environment Successful client relationship experience Proven project management experience Superior proficiency in Microsoft Excel Strong independence but also a collegial team player Willingness to share ideas and voice opinions Strong communication skills

What makes you stand out?

Experience in identifying, designing, recommending and implementing efficient, innovative business solutions to clients' challenges in respect of their employee retirement and health benefits programs Willingness to learn and to think outside of the box Deep technical expertise or aptitude FSA, FCIA would be an asset

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.

#LI-JD2

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 $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, 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 the Accessibility for Ontarians with Disabilities Act, 2005, 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.