At a Glance
- Tasks: Join our Risk Transfer team to advise clients on pension buy-ins and scheme wind-ups.
- Company: Mercer, part of Marsh McLennan, is a global leader in investment and retirement solutions.
- Benefits: Enjoy professional development, a vibrant culture, and flexible hybrid work options.
- Why this job: Make an impact while working with talented colleagues on diverse client projects.
- Qualifications: Experience in risk transfer and excellent communication skills are essential.
- Other info: We embrace diversity and offer reasonable adjustments for candidates with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
Mercer is looking for talented and ambitious pensions consultants who are keen to further their career, focused on consulting with clients. This is an opportunity to join our expanding Risk Transfer team, providing clients with advice on the journey to buy-in, broking the market and winding up schemes.
We are looking for individuals with excellent communication and project management skills, adaptability, business acumen and a desire to be in front of clients, all underpinned by the required consulting skills and experience.
We will count on you to:
- Bulk annuity broking and winding up pension schemes is fast becoming an increasingly important role as part of the run off of DB schemes and delivering service excellence in this area will be crucial to our overall delivery.
- Become an integral member of the Risk Transfer team, working on a wide range of clients at various stages of the buy-in journey including the post transaction buyout and wind up phases.
- Project manage a portfolio of clients to help them achieve their buyout and winding up objective and co-ordinate all the relevant teams and client stakeholders.
- Develop and prepare project plans and have input into setting budgets.
What you need to have:
- A background in risk transfer, bulk annuity broking and pension scheme wind ups is preferable.
- An understanding of the journey to buyout for pensions schemes including key considerations.
- Excellent communication and consulting skills and a proven track record of client exposure.
- Excellent project management and organisational abilities, in order to prioritise and complete work and meet project deadlines.
What makes you stand out:
This role would be suitable for someone who already has experience working with trustees and/or corporates on DB pensions within a consultancy role and has knowledge and experience of bulk annuity broking and winding up pension schemes.
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 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 Risk Transfer Consultant employer: International Catalyst Services, LLC
Contact Detail:
International Catalyst Services, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Transfer Consultant
✨Tip Number 1
Familiarise yourself with the latest trends in risk transfer and bulk annuity broking. Understanding the current market dynamics will not only help you in interviews but also demonstrate your commitment to staying informed in this rapidly evolving field.
✨Tip Number 2
Network with professionals already working in risk transfer or pensions consulting. Attend industry events or webinars to connect with potential colleagues and learn from their experiences, which can provide valuable insights and possibly lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of your project management skills and client interactions. Be ready to share how you've successfully managed client relationships and projects in the past, as this role heavily relies on these competencies.
✨Tip Number 4
Research Mercer’s approach to risk transfer and their recent projects. Tailoring your conversation to reflect an understanding of their work and values will show that you're genuinely interested in joining their team and contributing to their success.
We think you need these skills to ace Senior Risk Transfer Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk transfer, bulk annuity broking, and pension scheme wind-ups. Use specific examples that demonstrate your project management skills and client exposure.
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 of the Senior Risk Transfer Consultant position and showcase your communication skills.
Highlight Key Skills: Emphasise your excellent communication, organisational abilities, and adaptability in your application. Provide concrete examples of how you've successfully managed projects and client relationships in the past.
Proofread Your Application: Before submitting, carefully proofread your application to eliminate any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at International Catalyst Services, LLC
✨Showcase Your Project Management Skills
As a Senior Risk Transfer Consultant, you'll need to demonstrate your ability to manage multiple projects effectively. Prepare examples of past projects where you successfully coordinated teams and met deadlines, highlighting your organisational skills.
✨Communicate Clearly and Confidently
Excellent communication is key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex topics like bulk annuity broking and pension scheme wind-ups. Consider using the STAR method to structure your responses.
✨Understand the Buyout Journey
Familiarise yourself with the journey to buyout for pension schemes, including key considerations and challenges. Be prepared to discuss how you would approach advising clients at various stages of this process during the interview.
✨Demonstrate Your Client Exposure
Highlight your experience working with trustees and corporates on defined benefit pensions. Share specific examples of how you've built and maintained client relationships, as this will show your suitability for a client-facing role.