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- Tasks: Provide expert advice on pension schemes and lead client meetings.
- Company: Join Mercer, a global leader in risk and consulting.
- Benefits: Enjoy professional development, flexible work, and a supportive culture.
- Other info: Diverse and inclusive workplace with excellent career opportunities.
- Why this job: Make a real impact while working with talented colleagues.
- Qualifications: Fully qualified Actuary or nearing qualification with strong analytical skills.
The predicted salary is between 50000 - 70000 ÂŁ per year.
We are looking for Pensions Actuarial Consultants 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.
We will count on you to:
- 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
What you need to have:
- 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 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@mmc.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.
Pensions Actuarial Consultant in London employer: Marsh McLennan
Contact Detail:
Marsh McLennan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Actuarial Consultant in 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. Practice explaining complex actuarial concepts in simple terms. This will show potential employers that you can communicate effectively with clients and colleagues alike.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for opportunities at Mercer. Tailor your approach to highlight how your skills can specifically benefit their team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your enthusiasm for the role and mention something specific from the interview that resonated with you.
We think you need these skills to ace Pensions Actuarial Consultant in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Pensions Actuarial Consultant role. Highlight your relevant experience with DB pension schemes and showcase your communication skills, as these are key for the position.
Show Off Your Technical Skills: We want to see your strong technical actuarial skills in action! Include specific examples of how you've used these skills to consult with clients or lead projects in your previous roles.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to communicate your ideas, as this reflects the communication style we value at Mercer.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Marsh McLennan
✨Know Your Actuarial Stuff
Make sure you brush up on your technical actuarial skills, especially those related to DB pension schemes. Be ready to discuss specific scenarios and how you would approach them, as this will show your depth of knowledge and ability to tailor advice to client needs.
✨Practice Clear Communication
Since excellent communication is key for this role, practice explaining complex actuarial concepts in simple terms. You might even want to do a mock presentation to a friend or family member to get comfortable with articulating your thoughts clearly and succinctly.
✨Show Your Client-Centric Approach
Prepare examples of how you've successfully led client meetings or tailored advice based on specific client circumstances. This will demonstrate your business acumen and adaptability, which are crucial for a Pensions Actuarial Consultant.
✨Be Ready to Discuss Team Dynamics
Think about your experience in managing projects and mentoring junior colleagues. Be prepared to share how you distribute work effectively and support team members, as collaboration is essential in this role.