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Actuarial Analyst, Valuation, Winter 2025 (Co-op/Internship) - 4 Months

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BMO

Today

  • Internship
    Full-time
    Placement Program
  • Data
    Banking & Finance
  • Toronto
  • Quick Apply

AI generated summary

  • You should be a motivated student in an actuarial program, with 3-4 exams completed and strong communication, collaboration, analytical, and influence skills.
  • You will execute calculations, analyze data for reporting, support strategic initiatives, build stakeholder relationships, review actuarial outputs, and propose creative solutions to problems.

Requirements

  • Typically between 1 - 4 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. However, as part of the BMO campus program, we are looking for motivated University and College students with a strong desire to learn.
  • Enrolled in the actuarial program and completed 3 to 4 exams.
  • Specialized knowledge from education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.

Responsibilities

  • - Executes the calculations and analysis required for regulatory and management reporting and provides support to the actuarial production of work.
  • - Extracts and compiles actuarial data to ensure that the investment and risk portfolio conforms to prescribed guidelines.
  • - Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • - Builds effective relationships with internal/external stakeholders.
  • - Ensures alignment between stakeholders.
  • - Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • - Assists with the calculations required for the opinion on the various Appointed Actuary legal responsibilities.
  • - Checks and reviews various outputs from models used as the basis for the Appointed Actuary’s opinion.
  • - Reviews and analyzes actuarial issues for presentation to the Appointed Actuary for signoff.
  • - Focus may be on a business/group.
  • - Thinks creatively and proposes new solutions.
  • - Exercises judgment to identify, diagnose, and solve problems within given rules.
  • - Works mostly independently.
  • - Broader work or accountabilities may be assigned as needed.

FAQs

What is the location of the Actuarial Analyst, Valuation internship?

The internship is located at 60 Yonge Street, Toronto, Ontario, M5E 1H5.

What is the duration of the internship?

The internship lasts for 4 months, specifically for Winter 2025.

What qualifications are required for this internship?

Candidates must be enrolled in an actuarial program and should have completed 3 to 4 actuarial exams.

Is this position open to recent graduates?

No, only students currently enrolled in an academic program and returning to their studies will be considered for this co-op/internship opportunity.

What should candidates submit to apply for this position?

Candidates must submit a cover letter, resume, and an unofficial copy of their academic transcript.

What type of experience is preferred for candidates?

Typically, between 1 - 4 years of relevant experience is preferred, but BMO is looking for motivated university and college students with a strong desire to learn.

What skills are valuable for this internship?

Valuable skills include in-depth verbal and written communication, collaboration and team skills, analytical and problem-solving skills, and influence skills.

What is the salary range for this position?

The salary range for this internship is between $49,000.00 to $90,800.00, depending on various factors such as location, skills, and experience.

Are there any benefits offered for this internship?

Yes, BMO offers a total compensation package that may include performance-based incentives, discretionary bonuses, health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

What programs are available for student engagement at BMO?

Students can participate in the Women in Technology Mentorship Program, BMO First Friend peer assignment, BMO Social Squad activities, and access the BMO Academy corporate learning platform.

What is BMO's commitment towards workplace inclusivity?

BMO is committed to creating an inclusive, equitable, and accessible workplace, and accommodations are available upon request for candidates during the selection process.

BMO

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