Actuarial New Grad 2027 Opportunities

Foresters Financial Services, Inc.; Toronto; On-site; CAD 55,000 - 77,000; Full time

Benefits offered by this job

Discretionary incentive plan

Hybrid work model

Total Rewards program

Job summary

Foresters Financial in the Toronto area offers an Actuarial Development Program for new grads, with rotations across key actuarial disciplines to build expertise for both Canada and the U.S.

Participants receive support to develop technical and leadership skills, and the program encourages progression toward actuarial fellowship while offering competitive base salary, bonus incentives, and comprehensive benefits under a Total Rewards program.

Qualifications

• University degree in Actuarial Science, Math, Finance or related discipline.
• Actuarial exams in progress with intent to achieve FSA & FCIA.
• Strong Excel knowledge; AXIS, Hyperion, PowerBI and Microstrategy are assets.
• Excellent interpersonal and communication skills; detail-oriented and organized.

Responsibilities

• Rotate every 2–3 years through actuarial disciplines such as business planning, capital management, financial modeling, pricing, management reporting, risk and valuation for Canada and the U.S.
• Collaborate with Corporate Actuarial, Business Planning, Capital Management, Pricing, Risk, Investments, Finance and IT to gain exposure across functions.
• Apply analytical and problem-solving skills to derive data insights and support decision-making.

Skills

Excel

AXIS

Hyperion

PowerBI

Microstrategy

Analytical skills

Communication skills

Teamwork

Attention to detail

Education

Actuarial Science / Math / Finance degree

Tools

AXIS

Hyperion

PowerBI

Microstrategy

Job description

Career Opportunity Role Title Actuarial New Grad 2027 Opportunities

Purpose of role Impactful work. Making a difference. If you join our purpose-driven organization, you’ll be engaged in impactful work with advancement opportunities; you’ll join an enterprise of caring and friendly colleagues who share similar values; and you’ll have opportunities to get involved in the unique ways we work together to make a difference in our communities – including neighborhood programs, charities, and scholarships.

This is a Hybrid role, requiring a minimum of two (2) days/week working from the office.

Job Description Purpose of the role

As a new graduate in an actuarial role with Foresters Financial in the Toronto area, you will be enrolled in our Actuarial Development Program to gain exposure across a wide range of actuarial disciplines while making an impact for our members and communities in which we serve.

Actuarial Development Program members at Foresters Financial have the opportunity to rotate every 2-3 years through a variety of roles that provide exposure to key actuarial disciplines such as business planning, capital management, financial modeling, pricing, management reporting, risk, valuation and insurance product analysis for both Canada and the U.S.

Members of the program are given support and opportunities to develop their technical expertise, and continue to enhance their leadership and communications skills to succeed as a leader in their field.

Foresters Financial takes professional and personal development seriously and provides an environment that supports actuarial students to achieve Actuarial Fellowship with the Society of Actuaries and Canadian Institute of Actuaries.

Actuarial Students enrolled in the program can expect challenging roles with increasing levels of responsibility and compensation in conjunction with their work performance and successful progress through actuarial exams.

In addition to the highly competitive incentives of the Actuarial Development Program, Foresters Financial offers a Total Rewards Program including an attractive base salary, annual bonus incentives, and a comprehensive pension plan and flexible benefits options.

Key responsibilities/accountabilities

You will gain experience working with comprehensive financial modelling systems that utilize a variety of actuarial, spreadsheet, database, and reporting software.

Work closely with other teams such as Corporate Actuarial, Business Planning, Capital Management, Pricing, Risk, Investments, Finance and IT, allowing you to gain valuable work exposure across functions.

Apply your strong analytical and problem-solving skills to gain data insights and overcome obstacles

Key qualifications/competencies

• Completion of a university degree in Actuarial Science, Math, Finance or a related discipline.
• Currently writing Society of Actuaries exams with the intention of achieving the FSA & FCIA designations.
• Strong working knowledge of Excel is required; experience with AXIS, Hyperion, PowerBI and Microstrategy is an asset.
• Excellent interpersonal and communication skills.
• Excellent organizational skills and attention to detail.
• Strong analytical and technical skills.
• Self-motivated and able to work effectively as part of a team.

#LI-Hybrid

Salary Range: $55,000.00 - $77,000.00

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education.

In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.

Please note that this posting is intended to fill an existing vacancy; however, there may be instances where more than one vacancy is available for the same role.

Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants.

We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email [e-mail] in advance of your appointment.

Thank you for choosing Foresters.

Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.

Foresters Financial™ is an international financial services provider with a unique history that began in 1874 when we set out to provide access to life insurance for average, working families. More than 150 years later, we provide life insurance, savings, retirement and investment solutions that help families achieve long-term financial health and security.