- Preparing all aspects of pension plan funding actuarial valuations which include data reconciliation, benefit calculations, asset summaries and contribution requirements;
- Preparing actuarial valuations for accounting purposes;
- Preparing of costings and projections;
- Calculating benefit entitlements and preparing option packages on retirement, termination, death and marriage breakdown;
- Year-end updating of plan records, including the reconciliation of the membership, contributions and trust fund;
- Preparing annual statements for members of a plan;
- Assisting consultants to help our clients with day-to-day pension issues and questions;
- Participating in internal seminars regarding current industry issues and technical training; and
- Working with Excel-based actuarial tools
- Bachelor's degree is required, preferably in Actuarial Science, Mathematics, or related field;
- Commitment to professional development. Working towards completion of an ACIA or ASA designation, completion of 1 to 3 SOA exams is preferred.
- An outstanding ability in mathematics and financial analysis, and proven digital literacy using financial spreadsheet programs;
- Superior interpersonal skills, both written and oral.
- Must be a highly motivated, customer-service and team-oriented individual;
- Ability to work under deadlines and on several projects simultaneously is crucial;
- Thorough knowledge of Microsoft Office Suite (Word, Excel and PowerPoint) is an asset.
Early Careers: Associate, Retirement Consulting - Toronto, Canada - Aon
Description
Early Careers: Associate, Retirement Consulting
Do you have a desire to pursue a career in the Actuarial field? Are you looking to join an industry-leading team with a global firm? Aon has the opportunity you have been waiting for
This can be a hybrid role with the flexibility to work both virtually and from our Toronto office.
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions from within our Retirement Consulting business group at Aon Canada.
As a Retirement Associate, you will provide actuarial and administrative support to the local Retirement Actuarial Consulting team for existing and prospect clients, including:
How this opportunity is different
Our highly collaborative team is empowered to drive innovation through the development of actuarial tools to improve efficiency. We offer opportunities for continuous learning including participating in internal seminars regarding current industry issues and technical training. You will have the ability to work closely and to learn from experts in the industry.
Skills and experience that will lead to success
If this role appeals to you but you don't meet all the requirements listed below, please do express your interest
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working