We are seeking talented individuals to join our teams at Mercer Canada. 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
- Health & Benefits 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
- 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 up-to-date 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
- Support consultants in servicing existing clients and prospects
- Demonstrate ease and effectiveness when dealing with clients and colleagues at all levels
- Represent and promote the "face" of Mercer, both internally and externally

In Health & Benefits Consulting Business, we will count on you to:

- Develop strategies and solutions related to the costs and funding of group insurance plans




- Participate in actuarial valuations of post-retirement benefits, including data validation, setting assumptions, analyzing plan gains and losses and preparing the valuation report
- Validate and compare premiums for group benefit plans under renewals, quotes or benchmarking exercises with other companies in the industry
- Produce quarterly experience monitoring reports for clients and analyze the impact of any recent changes
- Analyze financial statements of group insurance plans and review the financial agreement to suit the client needs
- Evaluate employer obligations by participating in each step of an actuarial valuation
- 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
- Familiarize oneself with Mercer products and services as well as group benefit market trends in order to meet client needs
- Understand group benefit coverage by reviewing contractual documents for the employer and employees

In Pension Administration Services, we will count on you to:

- Calculate pension benefits 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
- Prepare annual statements for active and inactive members
- Calculate pension adjustments (PA) and pension adjustment reversals (PAR)
- Prepare annual information returns for submission to governmental authorities

📌 Actuarial Analyst – 2026 (Canada)
🏢 Mercer
📍 Canada