Job Description

Temporary Full Time




Canada Life, one of Canada's leading life insurance and financial services companies, is seeking individuals for our Actuarial Intern program. This program is aimed at applicants with a completed post-secondary degree who are looking to enter the actuarial field. Applicants must have demonstrated a recent commitment to obtaining a professional actuarial designation, though prior actuarial work experience is not a requirement.



Positions are available for both 8 and 12-month temporary full-time roles, beginning May 4, 2026. If permanent full-time positions become available during the contractual term, you may be eligible to transition to those positions without needing to complete the contract.



This is a hybrid role located at our London head office - the successful applicant will be required to work in person in London 3 days per week.



As an Actuarial Intern you are a key member of a highly respected, professional, actuarial team and will have an opportunity to perform entry-level actuarial work in one of the following possible areas:

Pricing & Product Development Valuation Enterprise Risk Management Reinsurance Risk Research Corporate Actuarial Internal Audit


We offer a friendly, supportive work environment, one that rewards initiative and commitment. Successful candidates receive a competitive salary, pension plan, paid society exam fees and materials, paid study days to write exams, and access to an on-site actuarial library. Canada Life employees also enjoy outdoor recreational facilities, an on-site fitness centre, an on-site cafeteria and an active social committee.



Our Actuarial Interns participate in a variety of team building activities and professional development activities that help to strengthen skills and contribute to building strong relationships among our Actuarial staff. Past activities have included exam results parties, trivia nights, rock climbing, snow tubing, and a scavenger hunt.



Qualifications

Completion of a post-secondary degree prior to the start date. Degrees in a related field (Actuarial Science, Mathematics, Finance, Statistics) are an asset. Demonstrated commitment to the actuarial field through successful completion of professional actuarial exams, an actuarial education, or similar. Innovative problem-solver. Excellent communication, interpersonal and leadership skills. Well organized, delivering accurate work with an attention to detail, in a timely manner. Team player who is also comfortable working independently. Excel, Word, VBA, MS Access and Moody's AXIS experience is an asset. Knowledge or interest in market risk, investments, and life insurance/reinsurance.

The base salary for this position is between

$49,020 - $88,350

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.



Be your best at Canada Life- Apply today!



Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.



You can be your best here. You're part of a diverse and inclusive workplace where your career and well-being are championed. You'll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.



Together, as part of a great team, you'll deliver on our shared purpose to improve the well-being of Canadians. It's our driving force. Become part of a strong and successful company that's trusted by millions of Canadians to do the right thing.



Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we're one of Canada's leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.



We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.



It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.



Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.



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