Mercer Retirement Actuarial Analyst Co-Op - Toronto - Fall 2026

We are seeking a talented individual to join our Wealth - Retirement team at Mercer. This role will be based in Toronto for theFall 2026term. This is a hybrid role that has a requirement of working at least three days a week in the office.

As an Actuarial Analyst Co-Op in the Wealth practice, you will work with a broad range of clients and industries in a stimulating environment,participatingas an integral member of project teams to design programs that support clients’ success.

What Can You Expect?

• Perform retirement actuarial valuations 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 employee pension plans and executive pension benefits, including cash flow modelling, demographicprojectionsand 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, plandesignand risk transfer solutions

• Work in an integrated team of professionals from different offices to resolve modern actuarial problems in the Canadian pension landscape, including union negotiations, risktransferand public policy

What You NeedToHave?

• Strong analytical skills and working knowledge of Excel and other 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

What Makes You Stand Out?

• Completion of two (2) years towards a bachelor's degree in actuarial science, mathematics, statistics, finance, or a related field when internship begins

• Strong preference will be given to studentsdemonstratingprogress towards the ASA/FSA designation

• Previousrelevant work experience

Why Join Our Team:

• We help you be your best through professional development opportunities, interestingworkand supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to createnew solutionsand have impact for colleagues,clientsand communities.

• Our scale enables us toprovidea range of career opportunities, as well as benefits and rewards to enhance your well-being.

What's Next?

In order tobe considered,submityour complete application by providinga cover letter, yourresumeand your most recent transcript in PDF format, via our career section.

We will review completed applicationsubmissionand you will be contacted if you are selected for an interview.

The applicable salary for this role is $67,000.