The deadline to apply for this role is:
The primary purpose of this role is to support the Actuarial Services & Tax (AST) team in completing regular and special projects. This includes required reporting to regulators, determining individual outcomes for plan members, and review of data for use by external actuaries. It is an opportunity to build experience by utilizing critical thinking and math knowledge to directly impact the future financial welfare of plan members.
You will be part of the Actuarial Services & Tax team working closely the Specialists and Analysts. AST forms part of the Member Services Complex Care Centre which is broadly responsible for administration and communication of benefits to plan members and pensioners.
Prepare individual member calculations for complicated and complex cases
Automation of existing and new reports and algorithms as needed to improve efficiencies
Assist in data analysis to ensure appropriateness for valuation
Conduct research, perform actuarial analysis, and report findings on special cases, risk mitigation projects, plan demographic experience, and corporate/divisional projects
Preparation and/or review of actuarial and tax-related instructional materials and updates, in laymen’s terms, for distribution to internal clients
Provide support to other departments with actuarial and tax-related changes to systems, processes and procedures, and reciprocal transfer calculations and rules
Develop and maintain actuarial applications/algorithms used to calculate member entitlements
What you’ll need
Completing a degree in Actuarial Science, Math, or Statistics
Pursuing to actuarial exams
Strong analytical, data manipulation and problem-solving skills and an ability to distill insights and assess opportunities
Strong knowledge of Visual Basic and Microsoft Office
Ability to learn programming languages, and other software quickly
Effective communication and interpersonal skills
Pension or insurance background would be an asset
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#LI-Hybrid
What we’re offering
Numerous opportunities for professional growth and development, including lunch and learns
Student led team building events on a monthly basis
Employee discount programs including Edvantage and Perkopolis
At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.
How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today! The following documents are required to be uploaded with your application:
Resume
Copy of your transcripts
You will also be invited to complete a pre-recorded digital interview as part of your application.
We thank you for applying, however, only those selected for a personal interview will be contacted. Note that candidates must be legally entitled to work in the country where this role is located.
Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.
The privacy of your personal information is important to us. Please visit our Privacy Centre to learn how we handle your personal information.
Functional Areas:
Administration
Requisition ID:
The Intern - Actuarial Services & Tax position at Ontario Teachers' in Toronto is an exciting opportunity for those looking to kickstart their career in the actuarial field. Starting in May 2025 and spanning eight months, this role is designed to support the Actuarial Services & Tax (AST) team as they tackle regular and special projects essential for the smooth operation of the financial welfare of plan members. As an intern, you will collaborate closely with experienced specialists and analysts, gain firsthand experience in preparing complex individual member calculations, and assist in automating reports and algorithms to enhance efficiency. How cool is that? You’ll also dive into data analysis, perform actuarial investigations, and share your findings with the team to help shape important decisions. This internship is not just about crunching numbers; it’s about utilizing your critical thinking abilities and math skills to make a real impact! With a strong commitment to professional growth, Ontario Teachers' offers numerous opportunities to learn and connect with peers through various student-led events and professional development sessions. So, if you're pursuing a degree in Actuarial Science, Math, or Statistics, and have a passion for problem-solving and effective communication, this role could be the perfect fit for you. Plus, if you have a background in pension or insurance fields, that would be a nice bonus on your application. Get ready to learn, contribute, and maybe even find your future career path at Ontario Teachers'!
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