Posted in

Actuarial Technical Leader – Senior Associate – Retirement & Health Benefits

Actuarial Technical Leader – Senior Associate – Retirement & Health Benefits

CompanyMarsh & McLennan
LocationMontreal, QC, Canada, Toronto, ON, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • A bachelor’s degree in actuarial science, mathematics, statistics, finance, administration or a related field.
  • 3+ years pension and/or post-retirement benefits-related work experience preferably in a consulting environment.
  • Superior analytical skills and working knowledge of Excel and others MS-Office software programs.
  • Proven project management experience.
  • Excellent interpersonal, verbal, and written communication skills.
  • Intellectual curiosity; seeking opportunities to develop new skills.
  • Strong aptitude for teamwork and a willingness to be adaptable to meet deadlines and accommodate shifting client needs.
  • Superior organizational skills and strong attention to detail.

Responsibilities

  • Lead, delegate and review analysis and client work. Act as technical leader for client projects.
  • Direct, coach and guide the work of actuarial analysts and actuarial specialists.
  • Create project work plans and monitor timelines and budgets.
  • 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 modern actuarial problems in the Canadian retirement benefits landscape, including union negotiations, risk transfer and public policy.

Preferred Qualifications

  • Bilingualism (English/French)