Actuarial Employee Benefits Associate

Marsh McLennan

  • Toronto, ON
  • Permanent
  • Full-time
  • 12 days ago
Company: MercerDescription:We are seeking a talented individual to join our Actuarial Employee Benefits team at Mercer. This role will be based in Toronto. This is a hybrid role that has a requirement of working at least three days a week in the office.The Actuarial Employee Benefits Associate will play a crucial role in delivering impactful solutions for organizations of various sizes and industries by providing accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs.We will count on you to:
  • Lead actuarial valuations of post-retirement and post-employment benefits, including data validation, assumption setting, and report preparation.
  • Prepare and analyze quarterly experience monitoring reports, providing insights on recent trends and changes.
  • Analyze financial statements and utilization data to identify cost drivers and trends, tailoring recommendations to client needs.
  • Collect, verify, and prepare data for financial analysis, ensuring accuracy and completeness.
  • Conduct in-depth analyses for complex clients, collaborating with subject matter experts as needed.
  • Review work and provide feedback to junior team members, fostering a collaborative learning environment.
What you need to have:
  • 3-4 years related experience in employee benefits consulting or related actuarial valuation work.
  • Postsecondary degree or equivalent experience in actuarial science, mathematics, statistics, finance or a related field.
  • Strong organizational and time management skills with the ability to handle multiple tasks in a demanding fast paced work environment.
  • Strong oral and written communication skills.
  • Ability to work in a team environment where the priorities and requirements may change quickly.
What makes you stand out:
  • Working toward actuarial designation with the Society of Actuaries
  • Strong preference will be given to candidates demonstrating progress towards the ASA/FSA designation
  • Familiarity or experience with group insurance benefits.
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 on colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your wellbeing.
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 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 reasonableaccommodations@mmc.com.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.

Marsh McLennan