Actuarial Analyst (Co-op Student) (Hybrid)

  • Ontario Pension Board
  • Hybrid (Toronto, ON, Canada)
  • May 02, 2024
Intern / Student Financial Services Government

Job Description

Actuarial Analyst (Co-op Student) Actuarial Services
(8-month work term – Fall 2024) 

As a member of the Actuarial Services team at Ontario Pension Board (OPB), the Actuarial Analyst (Student) will contribute to the in-house actuary services and assist in supporting the day-to-day operations of the Public Service Pension Plan (PSPP). In this role, you’ll support the pension administration of defined benefit calculations, receiving training and guidance on the overall structure and regulatory framework of Defined Benefit pension plans.

Taking part in strategic initiatives and providing input on innovative approaches, you will build collaborative relationships across a diverse range of stakeholders. If you are a detail-oriented actuarial student with a strong ability to grasp new concepts and think critically, this is a wonderful opportunity to learn more about the pensions industry! 

Please note: this position is an 8-month work term.


Key Responsibilities: 

•    Assist with coordinating and preparing data management, metrics, ad-hoc reporting, and performing validation of calculations. 
•    Support the improvement of existing actuarial tools, software and processes, providing input on innovative approaches and enhancements. 
•    Assist various teams to resolve complex pension related issues.
•    Support strategic initiatives and special projects through actuarial and data analysis.
•    Provide actuarial support around plan statistics, potential pension plan mergers and new employer onboardings.
Key Qualifications: 

•    Currently enrolled in an Actuarial Science or related program (Mathematics, Statistics, Finance) requiring completion of a work placement or a co-op work term, or a recent graduate.   
•    Previous co-op work experience or knowledge of defined benefit pension plans or pension plan administration is considered an asset. 
•    Strong technical proficiency in Microsoft Office (Word, PowerPoint, Excel) and Outlook. Proficiency with data visualization software (PowerBI) is preferred.  
•    Strong relationship building skills; demonstrated ability to work collaboratively in a team and support internal stakeholder teams.
•    Ability to effectively multi-task and manage priorities, adapting to competing objectives in a time-sensitive manner.
•    Well-developed project and time management skills.
•    Excellent attention to detail, analytical and critical review/thinking skills.
•    Strong verbal and written communication skills. 

Please submit your resume if you are interested in this exciting opportunity.
The competition will remain open until a successful candidate is selected or until the competition is closed.

OPB is committed to providing accommodation for people with disabilities in its recruitment process. 
Please advise OPB if you require an accommodation and we will work with you to meet your needs.
OPB is committed to fostering a culture of diversity, equity and inclusiveness that reflects the diverse communities we serve.  We welcome and encourage applications from those who may contribute to the further diversification of ideas. Candidates being considered for this position will be required to submit to a background screening. We thank all applicants, however, only those selected for an interview will be contacted. 

Applicants may include a transcript and outline the preferred duration of the work term within their resume or cover letter. 

Career Level

Student / Internship