Actuarial Associate
Permanent Full Time
Join Canada Life’s Actuarial Resource Pool (ARP) and build broad actuarial experience through rotational opportunities across the business while progressing toward Fellowship with the Society of Actuaries and the Canadian Institute of Actuaries. We are seeking Actuarial Analysts and Actuarial Associates to join the Toronto ARP in 2026. In this role, you will contribute as a valued member of a highly respected actuarial teamand have the opportunity to gain exposure to the following areas:
- Reinsurance Pricing
- Reinsurance Valuation and Financial Management
- Canada Wealth Solutions Pricing
- Enterprise Risk Management
- Risk Analysis
- Capital Management
- Internal Audit
We offer a friendly, supportive work environment, one that rewards initiative and commitment. As an insurance and financial services leader, we know the requirements for obtaining your Fellowship designation s are unique and challenging. We provide an environment that promotes a balance between work, education and a personal life throughout the qualification process.
What you will bring:
- A university degree, preferably with a major in Actuarial Science, Mathematics, Statistics or Finance
- Associate of Society of Actuaries\Canadian Institute of Actuaries designation (Actuarial Associates only)
- Strong academic achievements
- A demonstrated commitment to passing Society of Actuaries/Canadian Institute of Actuaries exams
- Experience in an actuarial role
- An innovative, analytical approach to problem-solving
- Excellent communication, interpersonal and leadership skills
- Strong organizational skills, with the ability to deliver accurate work with attention to detail and in a timely manner
- The ability to work effectively both independently and as part of a team
- Strong skills MS Excel, Word, Access and VBA
- Working knowledge of GGY AXIS, SQL server and Python is an asset
Benefits:
- Opportunities to carry out challenging work in a dynamic, collaborative and fast-growing team
- Leaders who support your development through coaching and growth opportunities
- A competitive total rewards program including bonuses and flexible benefits
- Comprehensive support on your path to becoming a fully qualified actuary, including study days, study material and the cover of exam fees
- Access to team-building events, conferences, and professional development opportunities that strengthen your skills, expand your network, and support your long-term growth
- Access to various sports leagues such as hockey and indoor soccer, an on-site fitness centre and cafeteria
The base salary for this position is between $82,700.00 - $130,000.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.
Grow with Great-West Lifeco
Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners – serving approximately 40 million customer relationships.
Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.
What we offer:
We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:
Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
Financial Security: Company-matching pension plan, share ownership program and additional investment options.
Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
Learn more about Great-West Lifeco.
We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.
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Toronto, ON, CA Toronto Ontario, ON, CA, M5G 1R8