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About the Role

This 8-month Co-Op opportunity provides group benefits consulting support, including design and financial management for clients and prospects. Responsibilities include performing actuarial valuations, accounting disclosures, reserve calculations, simulation modeling, and other actuarial projects. The role involves working closely with internal teams, interfacing with vendors, and supporting client deliverables.

Responsibilities

Contribute to the design and management of group medical, dental, life, disability, and special risk benefits for clients.
Prepare actuarial valuations of post-retirement and post-employment benefits plans according to applicable accounting standards.
Review benefits documentation for accuracy.
Conduct annual renewal analysis and negotiations with carriers.
Prepare client reports and presentations.
Analyze experience reporting, budget projections, and review plan financial performance.
Review financial statements for accuracy and adherence to underwriting agreements.
Conduct plan design benchmarking studies.
Assist in building plan design tools and financial databases.
Conduct marketings, including preparing and submitting specifications, analyzing responses, and preparing marketing reports.
Gather data and determine cost impact for plan design changes.
Monitor carrier/provider services standards.
Support the consulting team in preparing documents for client presentations and meetings.

Requirements

University student in Mathematics, Statistics, Actuarial Science, or a related discipline.
Advanced competency with Microsoft Excel.
Proficiency with Word, PowerPoint, and Outlook.
Strong analytical skills.
Excellent organizational skills with strong attention to detail and high level of accuracy.
Ability to manage and prioritize competing demands to meet client and company needs.
Ability to work independently and in a team environment.
Strong written and verbal communication skills.
Sensitivity to confidential information.
Actively writing Society of Actuaries (SOA) or Canadian Institute of Actuaries (CIA) exams.

Skills

Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Microsoft Outlook
Analytical skills
Organizational skills
Attention to detail
Communication skills
Actuarial valuation software (e.g., ProVal) knowledge is an asset

Location

Remote

Work Type

Co-Op
Full-time

Experience Level

Student

Education Level

University student in Mathematics, Statistics, Actuarial Science, or related discipline

Salary/Compensations

$23 - $25 per hour

Benefits

Learn by working alongside experts

About the Company

People Corporation is a national provider of benefits, retirement, wealth, wellness, and human resource solutions.
Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians.
We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.

Equal Opportunity

Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported.
Dedicated to building a workforce that reflects the diversity of the communities in which we live.
Creating an environment where every employee has the opportunity to reach their potential.
If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com