Actuarial Intern (Fall 2026)Jumpstart your Actuarial career with Pacific Life! We are dedicated to your growth and providing opportunities to thrive! We’re investing in bright, agile current talent with fresh perspectives to help us innovate and build meaningful relationships for years to come.It’s in this spirit that we are currently recruiting interns for 2026 to work within multiple actuarial teams based in our downtown Toronto office. The role operates on a hybrid schedule, requiring a 4‑day per week in‑office presence.Program HighlightsProduct Training: Training in Pacific Life’s retirement solutions and life insurance products from a direct insurer and reinsurance division perspective.Mentorship: Assigned an executive mentor who will meet with you to discuss their knowledge and experience and provide guidance on your internship and career path.Hands‑On Experience: Participation in actuarial projects that will give you a true understanding of the profession. Projects include creating dashboards to visualise data, automating processes and calculations, rider analysis, cash‑flow analysis, and creating tools for efficiency.Rotational Events: Interactive presentations with key actuaries throughout the company covering modeling, risk management, product design, pricing, valuation, and more.Social Activities: Networking opportunities, executive speaker series, community service events, and social outings.Relevant CompetenciesContinuous Learning – desire to expand depth and breadth of knowledge.Curiosity – interest in uncovering underlying causes and understanding how work relates to business mission.Adaptability – ability to adjust focus and approach based on results, strategy, or business needs.Factors For SuccessCompletion of at least one Society of Actuaries exam is required.Pursuing an undergraduate degree majoring in mathematics, statistics, economics, finance,



or actuarial science.Demonstrated actuarial knowledge appropriate to experience level.Strong problem‑solving, leadership, communication, analytical skills.Desire to gain more experience in the actuarial field.Active participation in meetings with presence.Ability to work well in a team and independently.Takes responsibility for quality, completeness and accuracy.Shows initiative, flexibility and resourcefulness.Ability to manage challenging deadlines and prioritize effectively.Working For Pacific LifeEvery person in our global team is valued for the unique qualities they bring. We build expertise and support individual ambitions. We provide a healthy work‑life balance and a wide range of employee benefits, social activities and well‑being initiatives, and we support community involvement.Job ResponsibilitiesActuarial Analytics & Insight, ProtectionSupport quarterly and annual valuation and financial reporting under US Statutory, US Tax, US GAAP, IFRS17, LICAT, Economic Capital, Bermuda Statutory.Perform reserve calculations, reconciliations and analysis.Verify and understand actuarial assumptions.Calculate reserves and capital requirements from first principles.Assist with reserve sensitivities and scenario testing.Valuation,



CapitalPerform valuation model spot‑checks under accounting and regulatory bases and validate system reserves in AXIS.Confirm accuracy and completeness of valuation data.Document and explain results.Support other activities and projects; implement changesin AXIS; test impacts of system changes; participate in investigations; collaborate globally.Research & DevelopmentApply statistical methods in economic capital model calibration.Contribute to key assumption development through internal and external data.Build technical toolkit using Excel, R, SQL, Tableau for process, tools, models and documentation improvement.Enterprise Actuarial ProjectsContribute to complex projects, ensuring timely and accurate completion.Support enterprise transformation efforts and large‑scale model development.Prepare presentations for senior management; communicate complex concepts to non‑actuarial stakeholders.Protection PricingSupport pricing projects and quotes under senior guidance.Collaborate with cross‑functional teams.Maintain and update pricing models and tools.Support ongoing improvements to pricing processes.Salary: $55,000 – $74,000 annually CADCompensation RangeThe compensation range represents the company's minimum and maximum for this role at the time of posting. The actual compensation offered will depend on experience, qualifications and geographic location.BenefitsLeave23 days of annual leave with option to buy or sell more days.Fertility leave.Generous parental leave.HealthcareGroup life insurance and accidental death & dismemberment coverage.Dental & optical benefits.Savings & RetirementRRSP: company‑matched contributions.WellnessEmployee and family assistance program.Subsidised gym membership.Time off for volunteering.Charitable matching of employee donations.Use of AIPacific Life may use AI tools to assist in reviewing resumes and during the assessment process. Final hiring decisions are made by the hiring team.As part of our commitment to diversity and inclusion, we will provide reasonable adjustments for applicants with disabilities. Please contact us about your needs.#J-18808-Ljbffr

📌 Actuarial Intern - C$55,000 - C$74,000 A Year (Winnipeg)
🏢 Pacific Life
📍 Winnipeg