FAQs

If you’re a student or fellow interested in a future with Sun Life Financial, you may be curious about a few of the topics listed below.

Do you offer internships?

In Canada, we offer paid internships and co-op terms throughout the year in a variety of areas within the Toronto and Waterloo offices. During your time with us, you will have challenging work and be part of the actuarial community. This includes receiving exam support, participating in education sessions, and taking part in social events.

Interested students may apply online for opportunities in Canada.

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What is the actuarial student program?

The Actuarial Student Program is a package of benefits that has been created to foster an environment conducive to passing actuarial exams and developing skilled actuaries. As a member of the actuarial student program, you will be exposed to a wide variety of actuarial experiences in diverse business units through our rotation program. Our competitive study program will assist you in progressing through actuarial exams, and enable you to apply the knowledge you gain from your studies to current actuarial issues. You will also have opportunities to expand your knowledge through formal education sessions and to meet other actuarial students and actuaries at Sun Life Financial through a variety of social events.

Interested students may apply online for opportunities in Canada.

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What is the rotation program?

The rotation program provides actuarial students with the opportunity to broaden their actuarial and business experience and develop into well-rounded actuaries. As part of this program, you will rotate every 18-24 months to another team within Sun Life Financial (e.g., Individual Insurance, Individual Wealth Annuities, Group Benefits, Group Retirement Services, Investments, ALM and Corporate Actuarial). The majority of rotations occur within the same location, but there are occasionally opportunities to rotate to other locations in Canada, the U.S. or internationally.

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What computer skills will I need to be successful?

The Microsoft Office suite of productivity software, in particular Excel and Excel related Visual Basic programming will all be essential to your success. Industry-related applications such as ALFA (a Milliman product) and AXIS (a GGY product) are used for advanced forecasting and projecting. This is just a sample of the commercial software packages used for pricing, reserving, and risk management. Students typically learn to use specialized software while on the job.

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Where is Sun Life Financial located?

We are an established and trusted name in insurance and financial services, with offices and operations in key markets around the world.

Sun Life Financial’s worldwide Headquarters is located in Toronto, Ontario. In Canada, we have offices in a variety of cities across the country. Most actuarial roles reside within our Toronto, Ontario and Waterloo, Ontario offices.

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How can I get to know other students and actuaries at Sun Life Financial?

As soon as you start working at Sun Life Financial, you will be paired up with a more experienced actuarial student who will assist you in navigating the actuarial student program, introduce you to other actuarial students and answer questions you have about Sun Life Financial.

The Actuarial Community hosts community meetings and forums each year sponsored by the Chief Actuary. Community meetings are used for general news and information while forums are used as teaching sessions for advanced topics. Typically the meetings are followed by a social session where students and fellows get together and network.

In addition to the work-related events, there are also social events throughout the year such as sporting events, pub nights and exam celebrations. These are great opportunities to get to know other students and actuaries across the company.

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What type of support will I receive for exams?

Sun Life Financial’s Actuarial Student Program provides coverage for exam fees and study materials as well as paid time off for studying and bonuses for passing exams.

Please consult with your recruiter for details.

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What do you look for when hiring actuarial students?

We are looking for bright people with the potential to develop into well-rounded actuaries. In particular, we look for a strong educational background, demonstrated commitment to actuarial exams, technical aptitude and solid leadership and communication skills. Prior actuarial work experience is an asset, but is not required. We have a strong preference for candidates that have successfully completed at least two exams.

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Are there opportunities for actuaries to work internationally?

We have operations in many countries and an increasing presence in key worldwide markets. This opens up global opportunities for employees seeking an exciting challenge. Short-term or long-term actuarial opportunities may arise in Canada, the U.S., Hong Kong, China, Ireland, India and the UK.

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Is there a rotation program for fellows?

Fellows are encouraged to continue broadening their experience by working in different areas at Sun Life Financial. The typical length of time in a role is 3 to 5 years, although this will vary for every individual and role. Fellows may move through formal rotations or by applying for roles as they become available. Formal rotations are not on a regular cycle, but occur periodically depending on the needs of the individuals and the business.

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Do you provide educational opportunities?

Yes. We are committed to assisting you in increasing your technical and business skills as well as supporting you in meeting the Continuing Professional Development requirements. As a result, we offer regular education sessions on a variety of topics either through internal speakers, external speakers or industry-wide webcasts.

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