Actuarial Analyst, Pricing, Winter 2027 (Co-op/Internship) - 4 months (Toronto)

Actuarial Analyst, Pricing, Winter 2027 (Co-op/Internship) - 4 months (Toronto)

17 Sep
|
Bank of Montreal
|
Toronto

17 Sep

Bank of Montreal

Toronto

Application Deadline: 09/25/2026 Address: 250 Yonge Street Job Family Group: Customer Solutions As a co-op/intern student at BMO, you will have the prospect to be heard, keep growing and make a difference. You will have the opportunity to participate in programs such as the Women in Banking Mentorship Program, BMO Social Squad student-led activities, BMO Academy learning platform and access to various Employee Resource Groups to further develop your network within BMO.

Note: Only students currently enrolled in an academic program and returning to their studies will be considered for Co-op/Internship opportunities. Student who recently graduated are invited to apply to our New Grad opportunities which are available at Prices insurance products with up-to-date pricing assumptions, performing cash flow testing for assigned insurance products and using the required actuarial technology. Provides actuarial services expertise and advisory support for all insurance products of BMO Life Assurance – from direct marketing, Life insurance through agency operations, structured settlements and group annuity contracts (known as terminal funding), SPIAs, segregated funds and other retirement and investment products.

Analyzes, evaluates and compares competitor insurance products for the high net worth market and other markets. Analyzes company data to provide management reporting on insurance industry and internal business trends. Creates and validates Excel spreadsheets to accurately reflect product values, marketing concepts and company profitability on a monthly basis, including analysis and commentary.

Breaks down strategic problems, and analyses data and information to provide insights and recommendations. Provides input for continuous improvement of processes and procedures to support more effective operations. Provides input into the planning and implementation of operational programs.





Provides sales support and business expertise in the production of insurance quotes for high net worth clients and other clients upon request. Performs required illustrations based on defined parameters using business judgment and makes appropriate referrals for illustrations of higher complexity and large policy over product’s maximum issue limit. Provides business and technical expertise when required for management reporting, special projects and technology issues.

Provides an ongoing competitive analysis of BMO insurance products and identifies opportunities for business growth. Coordinates provision of management information, according to established needs and timelines, for use in internal and external audits and for general management information. Reviews progress to plans, and participates in the implementation of actions necessary to correct internal and external issues.

Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations. Strong software skills in MS Excel and MS Access database. Knowledge of life insurance products is an asset.

Salaries for part-time roles will be pro-rated based on number of hours regularly worked.



BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

It calls on us to create lasting, positive change for our customers, our communities and our people. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.

From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset. Accommodations are available on request for candidates taking part in all aspects of the selection process. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we’re focused on building, investing and transforming how we work to drive performance and continue growing the good. We’re proud to be fueling growth and expanding possibilities for individuals, families and businesses.

More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, we’ll continue to build, invest and transform to drive performance that serves the good that grows. #

📌 Actuarial Analyst, Pricing, Winter 2027 (Co-op/Internship) - 4 months (Toronto)
🏢 Bank of Montreal
📍 Toronto

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