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- Tasks: Join a dynamic team to drive GMP rectification and engage in diverse actuarial projects.
- Company: Mercer, a global leader in retirement solutions and professional development.
- Benefits: Professional growth opportunities, inclusive culture, and flexible hybrid work arrangements.
- Why this job: Make a real impact in pensions while collaborating with talented colleagues.
- Qualifications: Qualified or part-qualified actuary with strong analytical and people management skills.
- Other info: Be part of a vibrant team that values diversity and supports your career journey.
The predicted salary is between 36000 - 60000 £ 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.
Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London employer: Marsh McLennan
Contact Detail:
Marsh McLennan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work at Mercer or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of GMP equalisation. We recommend practising common actuarial scenarios and questions to show off your expertise and confidence.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance of landing that dream job! It’s the most direct route to get noticed by our hiring team, and we love seeing candidates who take that extra step.
We think you need these skills to ace Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Actuarial Consultant role. Highlight your experience in GMP rectification and equalisation, as well as any relevant project work you've done. We want to see how your skills align with what we’re looking for!
Showcase Your Technical Skills: Don’t hold back on showcasing your actuarial technical calculations expertise. Include specific examples of complex defined benefit modelling or pension scheme valuations you’ve worked on. This is your chance to shine and show us what you can bring to the table!
Engage with Our Values: Familiarise yourself with Mercer’s culture and values. In your application, mention how you resonate with our commitment to professional development and collaboration. We love seeing candidates who are not just qualified but also a good fit for our team spirit!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re proactive and genuinely interested in joining our team at Mercer!
How to prepare for a job interview at Marsh McLennan
✨Know Your GMP Inside Out
Make sure you brush up on your knowledge of GMP rectification and equalisation. Be prepared to discuss specific examples from your experience that demonstrate your understanding of these concepts, as well as any relevant projects you've worked on.
✨Showcase Your Analytical Skills
Since the role requires strong analytical and numerical skills, be ready to tackle some technical questions during the interview. Practise explaining complex calculations clearly and concisely, as this will show your ability to communicate effectively with both consultants and clients.
✨Demonstrate Team Leadership
Highlight your experience in leading teams or mentoring junior colleagues. Share specific instances where you’ve contributed to team success or improved processes, as this aligns with the collaborative culture Mercer values.
✨Engage with Real-World Scenarios
Prepare for situational questions that may involve client engagement or project involvement. Think about how you would approach various actuarial challenges and be ready to discuss your thought process and problem-solving strategies.