Early Careers: Retirement Actuarial Internship – (Winter, Summer or Fall 2027) – Toronto

WTW; Toronto; On-site; CAD 39,000 - 55,000; Part time

Benefits offered by this job

Overtime eligible

Paid actuarial study hours

Job summary

WTW in Toronto is offering an internship in retirement consulting to support global organizations with pension design, funding, pricing and reporting. You will join a close-knit team, learn from experienced consultants, and contribute to client projects while developing your technical and communication skills.

You will work with a Lead Retirement Consultant, gain exposure to real client assignments, and participate in an actuarial exam study program with paid study hours to pursue a credential.

Qualifications

• Pursuing a Bachelor's or Master's degree in actuarial science, economics, finance, mathematics, statistics or any other major with significant quantitative coursework and a minimum GPA of 3.0.
• Progress towards ASA or ACIA designation through the SOA or CIA.
• Work experience that demonstrates strong technical and/or client service skills.
• Passion for solving problems and sharing solutions to exceed the standards of the client.

Responsibilities

• Designing, funding, pricing, and the implementation and management of retirement programs.
• Competitive benchmarking analysis of benefit plan designs.
• Develop professional expertise and technical knowledge in retirement plans.
• Collaborate with a wide range of associates at all levels within the local practice.
• Perform asset/liability modelling and actuarial pension valuations for various clients.
• Manipulate data, analyze data, determine plan liabilities and funding requirements.
• Assist with plan reporting, filing requirements, and plan document reviews.

Skills

Data analysis

Client service

Communication skills

Self-starter

Independent work

Excel

Education

Actuarial degree progression (quantitative)

ASA/ACIA designation progression

Tools

Excel

Job description

Description

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Create your future. Join our Retirement consulting team in providing expertise in retirement consulting to support global organizations in optimizing the effectiveness of their employee retirement. Whether a client has a defined benefit pension or a defined contribution plan, we work with them to determine the right approach to designing, funding, investing, communicating, governing and employee management that fits their specific goals. You will also learn about all the services that WTW offers their clients and how they complement and enhance our retirement consulting practice.

Explore an opportunity. Gain direct exposure to real client assignments and meetings which will draw on your imagination and creativity as well as your ability to analyze data, solve problems, develop solutions, and share your results. In this role, you'll experience a balance of expanding your technical and industry knowledge and developing your problem solving and communication skills, while benefiting from working in a close-knit and supportive team environment.

Learn the industry. Kickoff the internship in a multi-day session with other interns across the local region to network and learn about WTW from various leaders amongst the Retirement business. Throughout the term, engage in a robust training program within your local office in order to enhance your understanding of basic pension consulting.

Grow with mentorship. You will have close interaction and support throughout the term from your very own Lead Retirement Consultant mentor. This consultant will work with you on client assignments, give you an inside look at how the business works, and advise you on future career growth.

Work towards becoming a credentialed actuary. Accepted applicants will be eligible for a comprehensive actuarial exam study program, including paid study hours and exam coaching to assist in attaining an accredited actuarial designation.

Love your work. You will partner with consultants to provide technical actuarial and consulting support on projects like:

• Designing, funding, pricing, and the implementation and management of retirement programs.
• Competitive benchmarking analysis of benefit plan designs.
• Develop professional expertise, as well as technical knowledge and skills in the area of retirement plans.
• Working with a wide range of associates at all levels within the local practice.
• Performing asset/liability modelling.
• Perform actuarial pension valuations for a variety of clients.
• This entails manipulating data, analyzing data, determining plan liabilities, reconciling plan assets, and determining funding requirements.
• Assist with completion of plan reporting and filing requirements.
• Perform plan administrative tasks such as completing benefit calculations, reviewing plan documents, and producing benefit statements.

Qualifications

About you.

• Progress towards a Bachelors or Master's degree in actuarial science, economics, finance, mathematics, statistics or any other major with significant quantitative course work, and minimum GPA of 3.0
• Progress towards ASA or ACIA designation through the SOA or CIA
• Work experience that demonstrates strong technical and/or client service skills
• Passion for solving problems and sharing solutions to exceed the standards of the client
• Ability to be a self-starter and work independently, but also cooperatively in a close team environment
• Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
• Excellent Microsoft Office skills, particularly in Excel

Compensation

The hourly rate being offered for this role is $34.00 CAD.

This role is also eligible for overtime.

Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.

Equal Opportunity Employer