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- Tasks: Lead and deliver tailored advice on DB pension schemes to clients.
- Company: Join Mercer, a leader in providing innovative pension solutions.
- Benefits: Enjoy hybrid work options, competitive salary, and comprehensive benefits including study support.
- Why this job: Be part of a dynamic team making a real impact in the pensions sector.
- Qualifications: Fully qualified Actuary or nearing qualification with strong analytical skills.
- Other info: Opportunity to mentor junior colleagues and engage in new business activities.
The predicted salary is between 43200 - 72000 £ per year.
Mercer is seeking a Senior Pensions Actuarial Consultant to join our multi-disciplinary team who provides clients with leading edge advice across funding, investment, risk transfer and covenant.
What can you expect:
As a Pensions Actuarial Consultant you will be working in a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes as many navigate the journey towards their long-term objective.
What’s in it for you?
- Excellent work life balance with the option to work on a hybrid basis
- Competitive salary + discretionary bonus, comprehensive benefits programs including: excellent pension contributions, private health insurance, flexible benefits, full study support and much more!
- 25 days’ holiday with the option to buy or sell up to 5 days per year
We will count on you to:
- Lead on the preparation and delivery of both day-to-day, and strategic advice, with a focus on finding tailored solutions that meet clients’ needs
- Lead client meetings and presentations
- Provide an informed view on current topics based on client circumstances, and tailoring advice as appropriate
- Utilise strong technical actuarial skills used to consult with clients, and the ability to communicate with clients in a clear and succinct manner
- Act as final technical reviewer for actuarial calculations
- Agree the strategy, direction and resourcing for client work
- Perform supervision, appraisals and act as a mentor for employees under supervision (if applicable) or informally via feedback on client work
- Act as day to day contact for clients responsible for ensuring problem resolution
- Be involved in new business prospect activity
- Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets
- Provide guidance to and peer review the work of colleagues
What you need to have:
- Fully qualified Actuary/ nearing qualification
- An awareness of current pension issues and how these impact clients, including key considerations and ability to talk about these and tailor your response to specific circumstances
- Excellent communication skills, strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions
- Ability to manage projects, including distribution of work to junior colleagues
- A strong understanding of a range of ways in which UK pension schemes operate
- A willingness to learn new skills and be adaptable in a changing environment
- Proven ability to build relationships with colleagues and clients
- Excellent planning and organisational abilities, in order to prioritise and complete work
What makes you stand out?
- Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role
- Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills
Senior Pensions Actuarial Consultant employer: GB035 Mercer (UK) Limited
Contact Detail:
GB035 Mercer (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Actuarial Consultant
✨Tip Number 1
Network with professionals in the pensions and actuarial field. Attend industry events, webinars, or local meetups to connect with potential colleagues or clients. This can help you gain insights into the company culture at Mercer and the specific challenges they face.
✨Tip Number 2
Stay updated on current pension issues and trends. Read relevant publications, follow thought leaders on social media, and engage in discussions about recent developments. This knowledge will not only prepare you for interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Practice your communication skills by explaining complex actuarial concepts in simple terms. This is crucial for a role that involves client interaction. You might even consider role-playing scenarios with a friend to build confidence in presenting your ideas clearly.
✨Tip Number 4
Research Mercer’s approach to client solutions and their recent projects. Understanding their methodologies and success stories can help you tailor your discussions during interviews, showing that you are genuinely interested in how you can contribute to their team.
We think you need these skills to ace Senior Pensions Actuarial Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience and skills relevant to the Senior Pensions Actuarial Consultant role. Emphasise your qualifications, particularly if you are a fully qualified actuary or nearing qualification, and showcase your experience with DB pension schemes.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key responsibilities and requirements mentioned in the job description. Discuss your experience in providing tailored solutions to clients and your ability to communicate complex actuarial concepts clearly.
Highlight Relevant Experience: In your application, focus on your significant experience working with trustees and corporates in an actuarial consultancy role. Provide examples of how you've successfully managed projects and built relationships with clients.
Showcase Your Soft Skills: Don't forget to mention your excellent communication skills, analytical abilities, and adaptability. These are crucial for the role, so provide specific examples of how you've demonstrated these skills in previous positions.
How to prepare for a job interview at GB035 Mercer (UK) Limited
✨Showcase Your Technical Expertise
As a Senior Pensions Actuarial Consultant, it's crucial to demonstrate your strong technical actuarial skills. Be prepared to discuss specific actuarial approaches and how they apply to DB pension schemes. Use examples from your past experience to illustrate your knowledge.
✨Tailor Your Responses
Understand the current pension issues that affect clients and be ready to tailor your advice accordingly. Research recent trends in the pensions sector and think about how they might impact the clients you would be working with. This shows your awareness and adaptability.
✨Demonstrate Leadership Skills
Since the role involves leading client meetings and mentoring junior colleagues, highlight your leadership experiences. Share examples of how you've successfully managed projects or guided teams in previous roles, showcasing your ability to lead and inspire others.
✨Prepare for Client Interaction Scenarios
Given the client-facing nature of the role, practice how you would handle various client scenarios. Think about how you would resolve problems or negotiate fees. Being able to communicate clearly and effectively will set you apart during the interview.
