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- Tasks: Join a dynamic team to tackle GMP rectification and equalisation in pensions.
- Company: Mercer is a global leader in retirement solutions, part of Marsh McLennan.
- Benefits: Enjoy professional development, hybrid work options, and a vibrant, inclusive culture.
- Why this job: Make a real impact in pensions while growing your career with supportive leaders.
- Qualifications: Qualified or part-qualified actuary with strong analytical and people management skills.
- Other info: Flexible working arrangements with a focus on collaboration and continuous improvement.
The predicted salary is between 43200 - 72000 £ per year.
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!
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.
- 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.
Contact Detail:
International Catalyst Services, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Consultant - GMP Equalisation - Nationwide
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in GMP equalisation. Attend industry events or webinars to connect with potential colleagues and learn about their experiences at Mercer.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in UK Defined Benefit pension schemes. This knowledge will not only enhance your understanding but also demonstrate your commitment to staying updated in this specialised area.
✨Tip Number 3
Prepare to discuss your previous experiences in actuarial projects during interviews. Highlight specific examples where you contributed to complex calculations or improved processes, as this aligns with the role's focus on quality assurance and driving improvement.
✨Tip Number 4
Showcase your people management skills by discussing how you've supported junior colleagues in their development. Mercer values collaboration and mentorship, so sharing your experiences in these areas can set you apart from other candidates.
We think you need these skills to ace Senior Actuarial Consultant - GMP Equalisation - Nationwide
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in GMP rectification and equalisation, as well as your technical actuarial skills. Use specific examples that demonstrate your expertise in UK Defined Benefit pension schemes.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience in leading teams and engaging with clients.
Showcase Your Analytical Skills: Provide examples of complex calculations or projects you've worked on in the past. Highlight your analytical, numerical, and critical thinking skills, as these are crucial for the role.
Highlight People Management Experience: If you have experience in mentoring or developing junior colleagues, make sure to include this in your application. Discuss how you've contributed to their performance reviews and training, as this is a key aspect of the role.
How to prepare for a job interview at International Catalyst Services, LLC
✨Showcase Your Technical Expertise
Be prepared to discuss your experience with GMP rectification and equalisation in detail. Highlight specific projects you've worked on, the challenges you faced, and how you overcame them. This will demonstrate your technical knowledge and problem-solving skills.
✨Emphasise Collaboration Skills
Since the role involves working within a multi-disciplinary team, be ready to share examples of how you've successfully collaborated with others in previous roles. Discuss how you’ve contributed to team success and supported junior colleagues in their development.
✨Prepare for Client Engagement Scenarios
Expect questions about your experience with client interactions. Prepare to discuss how you’ve engaged with clients on actuarial projects, including how you communicated complex information clearly and effectively.
✨Demonstrate Continuous Improvement Mindset
Mercer values a culture of continuous improvement. Be ready to talk about initiatives you've led or participated in that aimed at improving processes or training within your team. This shows your commitment to professional growth and enhancing team performance.
