Bmo
Actuarial Analyst
Salary
Job description
Application Deadline:
Address:
250 Yonge StreetJob Family Group:
As a co-op/intern student at BMO, you will have the opportunity to be heard, keep growing and make a difference. You will be part of our campus program to gain the skills and knowledge needed to take on roles similar to the description listed below.
Our student experience is designed to integrate you to the BMO team from day one by adding value in the work you do. You will have the opportunity to participate in programs such as the Women in Banking Mentorship Program, BMO Social Squad student-led activities, BMO Academy learning platform and access to various Employee Resource Groups to further develop your network within BMO.
Interested in learning more about our campus program? Stay up-to-date with BMO Campus Recruitment by following us on Instagram @bmocanada | @bmo_us and joining our LinkedIn group BMO Campus Recruiting & Early Talent.
Note: Only students currently enrolled in an academic program and returning to their studies will be considered for Co-op/Internship opportunities. Student who recently graduated are invited to apply to our New Grad opportunities which are available at https://jobs.bmo.com/ca/en/new-grad
To apply for this opportunity, please submit your cover letter, resume and an unofficial copy of your academic transcript. By applying for this general posting, you will be considered for a number of different student opportunities across multiple locations. If you are selected to move forward, you will be provided additional information.
Supports the delivery of actuarial financial reporting and regulatory reporting processes, with a focus on year-end activities. Assists in the preparation, validation, and analysis of reporting outputs, while contributing to a strong control and governance framework.
Key Accountabilities
- Supports actuarial financial and regulatory reporting processes, including IFRS 17 reporting, OSFI filings, and internal management reporting.
- Assists with year-end reporting deliverables, including financial disclosures, audit support, and preparation of supporting documentation.
- Extracts, compiles, and validates actuarial data to ensure accuracy, completeness, and consistency across reporting outputs.
- Supports the preparation and review of model outputs and reporting files (e.g., AXIS runs, reconciliations, and reporting templates).
- Maintains and enhances reporting trackers, controls, and documentation to ensure audit readiness and traceability.
- Assists with audit requests by organizing supporting evidence and responding to information requests.
- Performs data analysis and reconciliations to investigate variances and support reporting results explanations.
- Collaborates with cross-functional teams (Finance, Risk, Modelling) to support timely and accurate reporting delivery.
- Contributes to continuous improvement of reporting processes, controls, and documentation standards.
- Supports additional reporting and actuarial production activities as required.
Qualifications
- Currently pursuing a degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Progress toward actuarial exams (e.g., 1–3 exams completed is preferred).
- Strong analytical and problem-solving skills, with attention to detail.
- Proficiency in Excel; experience with actuarial systems (e.g., AXIS) or programming (VBA, Python, R) is an asset.
- Strong communication skills with the ability to clearly document and explain results.
- Ability to manage multiple tasks in a structured and deadline-driven environment.
- Collaborative team player with a willingness to learn in a fast-paced reporting environment.
Salary:
Pay Type:
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
About Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmo.com/ca/en.
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.


