Senior Pensions Actuarial Consultant in City of London
Senior Pensions Actuarial Consultant

Senior Pensions Actuarial Consultant in City of London

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
Go Premium
G

At a Glance

  • Tasks: Lead client meetings and provide tailored advice on DB pension schemes.
  • Company: Join Mercer, a global leader in investment and retirement solutions.
  • Benefits: Enjoy professional development, flexible work options, and a vibrant culture.
  • Why this job: Make a real impact while working with talented colleagues in a supportive environment.
  • Qualifications: Fully qualified Actuary or nearing qualification with strong communication skills.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.

The predicted salary is between 43200 - 72000 £ per year.

We are looking for a Senior Pensions Actuarial Consultant to join our team and help provide high quality support and advice to our clients to make sure their scheme members receive their benefits as planned.

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. You will also have the opportunity to work with colleagues across funding, investment, risk transfer and covenant to bring the best solutions to our clients.

Responsibilities

  • 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 on technical topics
  • 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
  • Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets

Qualifications

  • Fully qualified Actuary/ nearing qualification
  • 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 good understanding of a range of ways in which UK pension schemes operate

What makes you stand out

  • Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role
  • Excellent communication skills
  • Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills

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.

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.

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.

Senior Pensions Actuarial Consultant in City of London employer: GB035 Mercer (UK) Limited

At Mercer, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and collaboration. With a strong focus on employee development, our team members benefit from diverse career opportunities and a supportive environment that encourages innovative solutions for our clients. Located in major cities across the UK, we provide a flexible hybrid working model that balances remote work with valuable in-office interactions, ensuring our employees thrive both personally and professionally.
G

Contact Detail:

GB035 Mercer (UK) Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pensions Actuarial Consultant in City of London

Tip Number 1

Network like a pro! Reach out to your connections in the pensions and actuarial field. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by brushing up on your technical skills and current industry trends. Be ready to discuss how your experience aligns with the needs of the role. Practise common interview questions and think about how you can showcase your problem-solving abilities.

Tip Number 3

Showcase your communication skills! During interviews, make sure to articulate your thoughts clearly and concisely. Use examples from your past experiences to demonstrate how you’ve effectively communicated complex actuarial concepts to clients.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Mercer. Let’s get you that Senior Pensions Actuarial Consultant role!

We think you need these skills to ace Senior Pensions Actuarial Consultant in City of London

Actuarial Skills
Client Management
Communication Skills
Analytical Skills
Numerical Skills
Critical Thinking
Project Management
Technical Review
DB Pension Scheme Knowledge
Business Acumen
Adaptability
Mentoring Skills
Fee Negotiation

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Pensions Actuarial Consultant role. Highlight your experience with DB pension schemes and how your skills align with what we’re looking for.

Show Off Your Communication Skills: Since excellent communication is key in this role, use clear and concise language in your application. We want to see how you can convey complex actuarial concepts simply and effectively.

Demonstrate Your Technical Expertise: Don’t shy away from showcasing your technical actuarial skills. Include specific examples of how you've applied these skills in previous roles, especially in consulting with clients on pensions.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role as quickly as possible!

How to prepare for a job interview at GB035 Mercer (UK) Limited

Know Your Stuff

As a Senior Pensions Actuarial Consultant, you need to be well-versed in DB pension schemes and the latest actuarial practices. Brush up on your technical knowledge and be ready to discuss how you've applied it in real-world scenarios.

Tailor Your Communication

Since you'll be communicating with clients regularly, practice explaining complex actuarial concepts in simple terms. Think about how you can tailor your advice based on different client circumstances, and prepare examples that showcase your ability to do this.

Showcase Leadership Skills

You'll likely be leading client meetings and mentoring junior colleagues, so be prepared to discuss your leadership style. Share specific instances where you've successfully managed projects or guided team members, highlighting your ability to distribute work effectively.

Demonstrate Business Acumen

Employers want to see that you understand the business side of things. Be ready to discuss how you've contributed to fee negotiations or budget monitoring in past roles. This will show that you not only have the technical skills but also the strategic mindset needed for the role.

Senior Pensions Actuarial Consultant in City of London
GB035 Mercer (UK) Limited
Location: City of London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

G
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>