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- Tasks: Join a dynamic team as an Actuarial Consultant, focusing on GMP equalisation and project work.
- Company: Mercer is a global leader in investment, work, health, and retirement solutions.
- Benefits: Enjoy professional development, flexible working arrangements, and a supportive leadership culture.
- Why this job: Make a real impact in pensions while growing your career in an inclusive environment.
- Qualifications: You need to be a qualified or part-qualified actuary with strong analytical skills.
- Other info: We support hybrid working models and provide reasonable adjustments for candidates with disabilities.
The predicted salary is between 36000 - 60000 £ per year.
Description:
Join Our Team as an Actuarial Consultant – GMP Equalisation and Project Work (Nationwide)
Are you a talented and ambitious actuary with a strong background in GMP rectification and equalisation? At Mercer, we are excited to expand our dynamic team by welcoming skilled part-qualified or qualified actuaries to a vital role that not only drives revenue but also fosters professional growth and collaboration.
This is your chance to be part of an established centre of excellence, specialising in a diverse array of retirement solutions. You will provide invaluable technical expertise and support to our UK Retirement market, particularly in the critical areas of GMP rectification and equalisation, while also engaging in a variety of actuarial project work across different pension-related initiatives.
If you’re ready to take your career to the next level and make a difference in the world of pensions, we want to hear from you! Join us at Mercer and be part of a team that values your contributions and supports your growth.
We will count on you to:
Collaborate and Lead : Work within a fantastic multi-disciplinary team on complex defined benefit modelling, utilising advanced actuarial skills and techniques to specialise in intricate UK pension solutions
Quality Assurance : Take charge of checking and reviewing complex calculations, ensuring accuracy and clarity in communicating results to consultants and wider support teams
Drive Improvement : Contribute to our culture of continuous improvement by developing and delivering knowledge-sharing initiatives, training sessions, and coordinating new process rollouts across various locations
Build Relationships : Partner with internal teams to deliver a seamless service across different lines of business within Mercer, enhancing collaboration and efficiency
Support and Develop : Play a key role in the development of junior colleagues within the team, supporting their performance reviews, training, and personal development plans
Client Engagement : Develop your consulting skills by engaging directly with clients on various aspects of actuarial projects, enhancing your professional experience
Project Involvement: Participate in a variety of actuarial projects, including but not limited to pension scheme valuations, risk assessments, and benefit design initiatives. Your role will involve applying actuarial techniques to solve complex problems and deliver tailored solutions for our clients
Team Leadership: Lead in team meetings to discuss progress, share insights, and address challenges, ensuring that everyone is working towards common objectives in GMP rectification, equalisation, and other actuarial projects
What you need to have:
Qualified or part-qualified actuary
Extensive experience in actuarial technical calculations
Strong understanding of UK Defined Benefit pension schemes and experience in benefit calculations
Excellent analytical, numerical, and critical thinking skills, with a solid grasp of actuarial approaches for pensions
People management skills
What makes you stand out:
Previous experience in a similar role within an Actuarial team, particularly in Pensions, with a focus on technical aspects and solid exposure to consultants and broader client support teams
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders
We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities
Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being
Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) employer: GB035 Mercer (UK) Limited
Contact Detail:
GB035 Mercer (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in GMP equalisation and project work. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in the sector.
✨Tip Number 2
Familiarise yourself with the specific projects and initiatives Mercer is involved in, particularly around GMP rectification. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the company.
✨Tip Number 3
Prepare to discuss your previous experiences in actuarial roles, focusing on how you've contributed to team success and client engagement. Highlight any specific projects where you’ve applied your technical skills to solve complex problems.
✨Tip Number 4
Showcase your commitment to professional development by mentioning any relevant certifications or training you've undertaken. This will reflect your dedication to staying updated in the actuarial field and your readiness to contribute to Mercer’s growth.
We think you need these skills to ace Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Actuarial Consultant position. Familiarise yourself with GMP rectification and equalisation, as well as the specific skills Mercer is looking for.
Tailor Your CV: Customise your CV to highlight relevant experience in actuarial calculations, UK Defined Benefit pension schemes, and any previous roles that demonstrate your analytical and problem-solving skills. Use keywords from the job description to align your application with what Mercer is seeking.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss your experience in GMP equalisation and project work, and explain how your skills can contribute to Mercer's goals. Make it personal and engaging to stand out.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in an actuarial role.
How to prepare for a job interview at GB035 Mercer (UK) Limited
✨Understand GMP Equalisation
Make sure you have a solid grasp of GMP equalisation and rectification processes. Be prepared to discuss your experience with these topics, as they are central to the role.
✨Showcase Your Analytical Skills
Highlight your analytical and numerical skills during the interview. Prepare examples of how you've used these skills in previous roles, especially in relation to defined benefit pension schemes.
✨Demonstrate Team Collaboration
Since the role involves working within a multi-disciplinary team, be ready to share experiences where you've successfully collaborated with others. Emphasise your ability to lead discussions and support junior colleagues.
✨Engage with Client Scenarios
Prepare to discuss how you would engage with clients on actuarial projects. Think about past experiences where you've communicated complex information clearly and effectively to non-technical stakeholders.
