Actuarial Analyst – 2026 & 2027 New Grads (Montreal)

About the role

Mercer Canada is hiring Actuarial Analysts for 2026 and 2027 graduates to join its teams in Montreal. The role is hybrid, with at least three days per week spent in the office. Candidates are recruited into one of five business areas: Retirement Consulting, Investments Consulting, Health & Benefits Consulting, Pension Administration Services and International Consulting.

Key responsibilities

• Retirement Consulting: perform retirement and post-retirement benefits valuations, including data validation, analysis of plan gains and losses and asset performance, and prepare valuation reports and forms; produce year-end accounting disclosures and expense projections under IFRS, CPA and FAS; calculate benefits, review plan documents and produce employee benefit statements and annual government forms; participate in designing and pricing pension plans, including cash flow modelling and liability evaluation; run experience studies and design strategies to manage defined benefit plan volatility.
• Investments Consulting: use Mercer tools to analyse investment markets, managers and portfolios, produce quarterly performance reports, communicate with investment managers, record keepers and custodians, and support investment manager searches and asset allocation studies.
• Health & Benefits Consulting: develop cost and funding strategies for group insurance plans, validate premiums, produce quarterly experience monitoring reports, analyse financial statements and review contractual documents.
• Pension Administration Services: calculate pension benefits and prepare statements of entitlements, update client databases, prepare annual member statements, calculate pension adjustments and reversals, and prepare annual information returns for government authorities.
• International Consulting: act as a global benefit coordinator for foreign benefit renewals, coordinate worldwide pension reporting with local actuaries, and research market practice information abroad.

Required profile

• Bachelor's degree in actuarial science, mathematics, statistics, finance, administration or a related field.
• Excellent oral and written communication skills in French and English, as the role involves clients and colleagues outside Quebec and Canada.
• Strong analytical skills, attention to detail, organizational skills and teamwork aptitude.

Required skills

• Working knowledge of Excel and other MS Office programs.
• Superior analytical skills.

What we offer

• Professional development, including an actuarial education program.
• A vibrant, inclusive culture and a wide range of career opportunities.

To apply, candidates must submit a cover letter, resume and most recent transcript in PDF format through the Early Careers section of the company's careers site, mentioning each position applied for.