Actuarial Specialist (Associate) – Retirement & Health Benefits

Company:

Description:

We are seeking an Actuarial Specialist (Associate) – Retirement & Health Benefits to join our Global Actuarial Services Delivery (GSD Canada) team at Marsh, People and Investments.

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.

The Investments and Retirement Consulting Business brings together our Retirement and Investment consulting businesses to help develop holistic and integrated solutions to financial wellness. The Health and Benefits Consulting Business helps employers regarding their medical, dental, life, disability benefit plans and programs. The GSD Canada team delivers exceptional analytical services across Investments and Retirement and Health and Benefits businesses that make a difference in our consultants, our clients and their members lives. We use our analytical skills to promote a higher level of consistency, quality and efficiency.

We will count on you to:

• Lead, delegate and review analysis and client work.
• Act as technical leader for client projects.
• Direct, coach and guide the work of actuarial analysts.
• Create project work plans and monitor timelines and budgets.
• Perform retirement and post-retirement benefits actuarial valuation including validation of data, analysis of the plan’s gains and losses, analysis of the plan’s asset performance, and preparation of the valuation report and related forms.
• Production of year-end accounting disclosure and projection of expenses for plans under various financial reporting standards including IFRS, CPA and FAS.
• Complete benefit calculations, review plan documents, produce employee benefit statements and prepare annual government forms.
• Participation in the design and pricing of client’s employee pension plans and executive pension benefits, including cash flow modelling, demographic projections and evaluation of liabilities within an asset-liability framework.
• Production of various experience studies to refine demographic and financial assumptions used in actuarial valuations.
• Designing and implementing strategies to manage defined benefit pension plan volatility, including funding strategy, plan design and risk transfer solutions.
• Work in an integrated team of professionals from different offices to resolve modern actuarial problems in the Canadian retirement benefits landscape, including union negotiations, risk transfer and public policy.

What you need to have: 

• A bachelor's degree in actuarial science, mathematics, statistics, finance, administration or a related field.
• 3+ years pension and/or post-retirement benefits-related work experience preferably in a consulting environment.
• 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 including our actuarial education program, 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.