Actuarial Post-Graduation Intern

Canada Life; London; Hybrid; CAD 49,000 - 96,000; Full time

Benefits offered by this job

Education reimbursement up to $2,000

Health & dental benefits

Pension plan

Paid study days for exams

On-site actuarial library

Job summary

Canada Life, one of Canada’s leading life insurance and financial services companies, is seeking individuals for our Actuarial Intern program in London, Ontario. This hybrid, temporary full-time role requires in-person work three days per week and offers exposure to entry-level actuarial work across areas such as Pricing, Valuation, ERM, and Reinsurance.

Applicants should have completed a post-secondary degree and are pursuing professional actuarial designation.

Qualifications

• Completion of a post-secondary degree prior to the start date.
• Demonstrated commitment to the actuarial field through successful completion of professional exams.
• Innovative problem-solver with strong communication and leadership skills.
• Well organized, delivering accurate work with attention to detail, in a timely manner.
• Team player who is also capable of working independently.

Responsibilities

• Perform entry-level actuarial work across areas such as Pricing & Product Development, Valuation, ERM, Reinsurance, Marketing, Risk Research, Corporate Actuarial and Internal Audit.

Skills

Analytical mindset

Team player

Communication skills

Problem solver

Organized

Independent

Leadership

Market risk knowledge

Education

Post-secondary degree

Actuarial exams commitment

Tools

Excel

Word

VBA

MS Access

Moody’s AXIS

Job description

Temporary Full Time

Canada Life, one of Canada’s leading life insurance and financial services companies, is seeking individuals for our Actuarial Intern program. This program is aimed at applicants with a completed post‑secondary degree who are looking to enter the actuarial field. Applicants must have demonstrated a recent commitment to obtaining a professional actuarial designation, though prior actuarial work experience is not a requirement.

Positions are available for both 8 and 12-month temporary full‑time roles, beginning January 4, 2027. If permanent full‑time positions become available during the contractual term, you may be eligible to transition to those positions without needing to complete the contract.

This is a hybrid role located at our London head office - the successful applicant will be required to work in person in London 3 days per week.

Applicants are required to submit both their resume and their transcript as part of the application process.

As an Actuarial Intern you are a key member of a highly respected, professional, actuarial team and will have an opportunity to perform entry‑level actuarial work in one of the following possible areas:

• Pricing & Product Development
• Valuation
• Enterprise Risk Management
• Reinsurance
• Marketing
• Risk Research
• Corporate Actuarial
• Internal Audit

We offer a friendly, supportive work environment, one that rewards initiative and commitment. Successful candidates receive a competitive salary, pension plan, paid society exam fees and materials, paid study days to write exams, and access to an on‑site actuarial library. Canada Life employees also enjoy outdoor recreational facilities, an on‑site fitness centre, an on‑site cafeteria and an active social committee.

Our Actuarial Interns participate in a variety of team building activities and professional development activities that help to strengthen skills and contribute to building strong relationships among our Actuarial staff. Past activities have included exam results parties, trivia nights, rock climbing, snow tubing, and a scavenger hunt.

Qualifications

• Completion of a post‑secondary degree prior to the start date. Degrees in a related field (Actuarial Science, Mathematics, Finance, Statistics) are an asset.
• Demonstrated commitment to the actuarial field through successful completion of professional actuarial exams, an actuarial education, or similar.
• Innovative problem‑solver.
• Excellent communication, interpersonal and leadership skills.
• Well organised, delivering accurate work with an attention to detail, in a timely manner.
• Team player who is also comfortable working independently.
• Excel, Word, VBA, MS Access and Moody’s AXIS experience is an asset.
• Knowledge or interest in market risk, investments, and life insurance/reinsurance.

The base salary for this position is between $49,020 - $96,330 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Canada Life

We’re united by a shared purpose: to improve the financial, physical and mental well‑being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and delivers with impact?

What we offer

• Career Development: Opportunities for career advancement, access to industry‑leading learning programs and up to$2,000 annually towards education reimbursement.
• Health & Wellness:Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well‑being.
• Time Off:In addition to regular vacation and personal days, we support community involvement with a volunteer day.
• Financial Security:Company‑matching pension plan,share ownership program and additionalinvestment options.
• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail]. All information provided will be handled in accordance with applicable laws and Canada Life policies.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.