These roles 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 below listed teams are looking for Actuarial Analyst (2026 & 2027 New Grads): Retirement Consulting Business and Global Actuarial Services Delivery Investments Consulting Business Pension Administration Services International Consulting Business In Retirement Consulting Business and Global Actuarial Services Delivery, we will count on you to: 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 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 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 In Investments Consulting Business, we will count on you to: Conduct quantitative and qualitative analysis utilizing Mercer proprietary tools Produce quarterly performance reports for our clients Critically analyze different investment markets, managers' investment styles, and portfolio characteristics, and evaluate their impact on investment performance each quarter Communicate with investment managers, record keepers and custodians to gather and/or clarify client-specific data for reporting Play an important role in investment manager searches, asset allocation studies, and other ad-hoc investment-related projects Participate in actuarial valuations of post-retirement benefits, including data validation, setting assumptions,



analyzing plan gains and losses and preparing the valuation report Produce quarterly experience monitoring reports for clients and analyze the impact of any recent changes 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 In Pension Administration Services, we will count on you to: Calculate pension perks and prepare statements of entitlements resulting from various events (termination of employment, retirement, death, divorce, transfer, etc.) for members of pension plans Update and manage client's databases Calculate pension adjustments (PA) and pension adjustment reversals (PAR) Participate in the continuous improvements of systems and procedures Understand the provisions of the plans and the various applicable laws In International Consulting Business, we will count on you to: Work in collaboration with a consultant to consolidate worldwide pension and other post-employment benefits financial reporting Coordinate phases of the project with local actuaries across the globe Review disclosures and assumptions provided by local actuaries for reasonableness, consistency and compliance with appropriate accounting standard Work in collaboration with a consultant for benefits review projects Research Mercer internal documentation and surveys on market practices information in foreign countries, such as recent benefit trends and legislative changes Coordinate benefit review projects with the involved parties (i.e. client local office and HQ, Mercer international consultant, local Mercer specialist, etc.) 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. Strong aptitude for teamwork and a willingness to be adaptable to meet deadlines and accommodate shifting client needs. Excellent oral and written communication skills in French and English, as the position requires regular interaction with clients and other third-parties outside of Quebec, as well as collaboration with colleagues outside of Canada.

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. Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries.

With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. Marsh 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.

If you require a specific accommodation because of a disability or medical need please contact [email protected] 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 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. #

📌 Actuarial Analyst - 2026 & 2027 New Grads - Montreal
🏢 Mercer
📍 Montreal