Actuarial Employee Benefits Consulting Analyst - Toronto - 2025 New Graduates

at  Mercer

We’re Mercer - a global consulting leader in health, wealth and career. Mercer has 25,000 colleagues based in 43 countries. We help clients worldwide from small businesses to Fortune 1000 companies advance the health, wealth and performance of their most vital asset – their people.
At Mercer, we promote a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally – regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here.
The Mercer Marsh Benefits (MMB) team is seeking an Actuarial Analyst for our Toronto office starting in either Summer or Fall 2025.

WE WILL COUNT ON YOU TO:

• Participate in actuarial valuations of post-retirement and post-employment 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 vendor 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;
• Analyze cost drivers by reviewing client’s cost/utilization data and looking for year-over-year trends or comparisons to external benchmarks using data provided from client’s vendor reports or raw data from external databases
• Perform analyses for larger, more complex clients, including more in-depth analysis for complex situations that may require additional research or discussion with Mercer subject matter experts
• Gather necessary data from the vendor or client; review to ensure it is complete, accurate and reasonable; and prepare data in a particular template or format for use in basic or advanced financial analyses.
• Work with your client teams to develop recommendations and reporting for clients based on your analysis

What You Need To Have?
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Graduating with a bachelor’s degree in actuarial science, finance, statistics, or a related field between December 2024 – June 2025

• Strong analytical and mathematical skills and working knowledge of Excel and others MS-Office software programs
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity; seeking opportunities to develop new skills
• Ability to work in teams and be flexible to work under tight deadlines and changing client needs
• Superior organizational skills and strong attention to detail
• Will be required to obtain and maintain appropriate licenses as required by provincial regulations and Mercer policies

Please refer the Job description for details