Marsh People and Investments - Actuarial Employee Benefits Consulting Co-Op - Toronto -...

Cim; Toronto; Hybrid; CAD 20,000 - 29,000; Part time

Job summary

Marsh People and Investments in Toronto is seeking an Employee Benefits Actuarial Co-Op for the Winter 2027 term. This hybrid role requires in-office presence at least three days a week and offers exposure to a broad range of clients and industries within Health and Benefits.

You will participate in valuation modelling, client communications, and learning from Marsh’s actuarial and consulting teams to support impactful employee-benefit solutions.

Qualifications

• Two years toward a Bachelor’s Degree in Actuarial Science, Statistics, or related field preferred.
• Strong Excel and data-analysis skills.
• Excellent interpersonal, verbal, and written communication skills.

Responsibilities

• Participate in delivering impactful solutions for organizations of any size across varied industries.
• Collaborate with Toronto Health and Benefits colleagues on client teams.
• Support clients in the financial and strategic management of benefit programs.
• Apply actuarial techniques to valuation modelling of retiree group benefit plan costs and post-employment obligations.
• Perform calculations for costs of current employee benefit plans and insurance arrangements using internal tools.

Skills

Analytical thinking

Excel

Data analysis

Communication

Organizational skills

Attention to detail

Teamwork

Education

Actuarial science / statistics degree (2 years)

Tools

Marsh internal tools

Job description

We are seeking a talented individual to join our Health and Benefits team at Marsh People and Investments. This role will be based in Toronto for the Winter 2027 term. This is a hybrid role that has a requirement of working at least three days a week in the office.

As an Employee Benefits Actuarial Co-Op in the Health and Benefits practice, you will work with a broad range of clients and industries in a stimulating environment, participating as an integral member of project teams to design benefits programs that support clients' success.

We Will Count On You To:

• Participate in delivering impactful solutions for organizations of any size and varied industries and have a direct impact on their employees.
• Work in a collaborative environment on a wide variety of client teams with any number of our 80+ Health and Benefits colleagues in Toronto.
• Support clients in the financial and strategic management of their employee benefit programs through analysis and communication.
• Employ actuarial techniques to perform valuation modelling of retiree group benefit plan costs and post-employment obligations
• Perform basic or complex calculations with respect to the costs of our clients' current employee benefit plans and insurance arrangements, including using Marsh People and Investments' internal tools to price plan design changes and prepare future cost projections.
• Gain an understanding of basic project management and consulting skills including: managing the quality and timeliness of client deliverables, participating in client calls and meetings as appropriate and assisting with the preparation of clear and concise client-friendly communications
• Gain an understanding of the following, through online training, group sessions, or one-on-one training with colleagues: Health and Benefits products, services and technical tools offered by Marsh People and Investments, vendor/carrier markets, basic underwriting skills, budget-setting, rate-setting and evaluation.

What You Need To Have?

• Strong analytical skills, both quantitative and qualitative, and working knowledge of Excel
• Experience in data analysis and presentation design
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity, seeking opportunities to develop new skills
• Flexibility, adaptability, and the ability 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, Statistics, or related field preferred
• Previous relevant work experience

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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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 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 [e-mail].

Marsh 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 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.