At a Glance
- Tasks: Join a dynamic team to tackle complex pension projects and provide expert actuarial support.
- Company: Mercer, a global leader in risk and consulting, fostering a vibrant and inclusive culture.
- Benefits: Professional development opportunities, flexible hybrid work, and a supportive environment.
- Other info: Be part of a diverse team that values collaboration and continuous improvement.
- Why this job: Make a real impact in pensions while growing your career with talented colleagues.
- Qualifications: Qualified or part-qualified actuary with strong analytical and people management skills.
The predicted salary is between 50000 - 70000 £ per year.
Mercer is seeking candidates for the following position based in the London office:
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
- 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.
Mercer 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 reasonableaccommodations@marsh.com.
Marsh 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 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.
Actuarial Consultant – GMP Equalisation & Pensions in London employer: Marsh McLennan
Marsh McLennan is an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and development. As a Pensions Risk Transfer Consultant in Greater London, you will have the opportunity to make a meaningful impact on clients and communities while managing diverse portfolios and leading projects. With a commitment to employee well-being and continuous learning, Marsh McLennan stands out as a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Consultant – GMP Equalisation & Pensions in London
✨Tap into Campus Networks
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Actuarial Consultant – GMP Equalisation & Pensions in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Marsh McLennan.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Marsh McLennan's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Marsh McLennan
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Marsh McLennan.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Marsh McLennan will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Marsh McLennan employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
