At a Glance
- Tasks: Join a dynamic team as an Actuarial Consultant, focusing on GMP equalisation and diverse actuarial projects.
- Company: Mercer is a global leader in retirement solutions, fostering professional growth and collaboration.
- Benefits: Enjoy flexible hybrid work, professional development opportunities, and a vibrant, inclusive culture.
- Why this job: Make a real impact in pensions while working with talented colleagues and enhancing your consulting skills.
- Qualifications: Qualified or part-qualified actuary with strong analytical skills and experience in UK Defined Benefit pension schemes.
- Other info: Be part of a supportive environment that values diversity and offers numerous career opportunities.
The predicted salary is between 36000 - 60000 £ per year.
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Actuarial Consultant – GMP Equalisation and Project Work (Nationwide), Belfast
Client:
Location:
Belfast, United Kingdom
Job Category:
Other
EU work permit required: Yes
Job Reference:
05bf5360e268
Job Views:
6
Posted:
12.08.2025
Expiry Date:
26.09.2025
Job Description:
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
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.
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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. 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 actuarial software and tools commonly used in GMP rectification and equalisation projects. Being proficient in these tools can set you apart from other candidates and demonstrate your readiness for the role.
✨Tip Number 3
Engage with Mercer’s online presence, such as their LinkedIn page, to stay updated on their projects and company culture. This knowledge can help you tailor your conversations during interviews and show your genuine interest in joining their team.
✨Tip Number 4
Consider reaching out to current or former employees of Mercer to gain insights into the company’s work environment and expectations. This can provide you with valuable information that can be beneficial during the interview process.
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 needed for this role.
Tailor Your CV: Customise your CV to highlight relevant experience in actuarial calculations, UK Defined Benefit pension schemes, and any previous roles that align with the job description. Use specific examples to demonstrate your expertise and achievements.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention how your skills can contribute to Mercer’s goals and culture, particularly in areas like client engagement and team leadership.
Highlight Continuous Improvement Initiatives: In your application, emphasise any past experiences where you contributed to process improvements or knowledge-sharing initiatives. This aligns with the company's focus on continuous improvement and will showcase your proactive approach.
How to prepare for a job interview at GB035 Mercer (UK) Limited
✨Showcase Your Technical Expertise
Make sure to highlight your experience with GMP rectification and equalisation during the interview. Be prepared to discuss specific projects you've worked on and the actuarial techniques you employed, as this will demonstrate your suitability for the role.
✨Demonstrate Analytical Skills
Given the importance of analytical and critical thinking skills in this position, be ready to solve a sample problem or case study during the interview. This will allow you to showcase your ability to apply actuarial approaches to complex pension-related issues.
✨Emphasise Team Collaboration
Mercer values teamwork, so share examples of how you've successfully collaborated with multi-disciplinary teams in the past. Discuss your role in these collaborations and how you contributed to achieving common objectives, especially in relation to defined benefit modelling.
✨Prepare for Client Engagement Scenarios
Since client engagement is a key part of the role, think about how you would approach discussions with clients regarding actuarial projects. Prepare to talk about your communication style and how you ensure clarity when explaining complex calculations to non-technical stakeholders.