Senior Retirement Actuarial Consultant II

Company:

Mercer

Description:

We are seeking a talented individual to join our Wealth team at Mercer. This role can be based in Toronto, Ottawa, Calgary, Vancouver, or Montreal, as the role will support clients across Canada. This is a hybrid role with a requirement of working at least three days a week in the office.

As a Senior Retirement Actuarial Consultant II, you will be part of the Wealth practice’s Metrics Centre of Excellence team, contributing to the intellectual capital development and support for pension and savings plans in Canada. Working across both our Defined Benefit and Defined Contribution groups, projects include plan design analysis and benchmarking, mortality and pre-retirement decrement experience studies, DC retirement readiness and decumulation, retirement databases and surveys, and specialized analysis for ad hoc projects. In addition, the role will be a part of the Consulting team supporting clients in a traditional consulting role.

We will count on you to:

• Provide leadership and support to the development of Intellectual Capital in the DB and DC practices, including data, analysis, and processes
• Coordinate, as part of varying project teams, to provide strategic consulting/technical advice directly to large clients on complex and challenging issues in the area of Defined Benefit and Defined Contribution consulting
• May serve as a lead consultant on medium and large clients and/or second on jumbo clients; work on cross-geography retirement teams and projects
• Act as a mentor and coach by motivating staff to deliver a high standard of work through on-the-job training and development (for example, foster a team environment, bring staff to client meetings, challenge technical growth, and prepare staff to take on more senior roles with their clients and projects)
• Participate as a significant team member with respect to sales by supporting new business proposals and extending the range of services provided to retirement and other lines of business’ clients as appropriate
• Manage project teams and budgets, and apply advanced professional and or technical know-how to client problems and to meet project objectives
• Hold significant responsibility for proactive revenue generation of existing clients and/or contributing in a meaningful way to new business efforts

What you need to have: 

• Bachelor’s degree in Mathematics, Actuarial Science, or related field
• Fellow of the Society of Actuaries (FSA)
• 6+ years of pension modeling or related work experience
• Familiar with Canadian pensions environment
• Excellent verbal and written communication skills
• Strong proficiency in Excel and working knowledge of the Microsoft Office suite

What makes you stand out?

• Programming experience, preferably R
• Strong interest in retirement intellectual capital development, such as mortality, retirement readiness, plan design strategy, or other emerging ideas

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $103,000 to $170,500.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

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