Senior Actuarial Consultant - GMP Equalisation - Nationwide in London

Senior Actuarial Consultant - GMP Equalisation - Nationwide in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Marsh McLennan

At a Glance

  • Tasks: Join a dynamic team to tackle complex pension solutions and enhance your actuarial skills.
  • Company: Mercer, a global leader in risk and consulting with a vibrant culture.
  • Benefits: Professional development, flexible hybrid work, and a supportive environment.
  • Other info: Inclusive workplace with diverse opportunities for career advancement.
  • Why this job: Make a real impact in the retirement sector while growing your career.
  • Qualifications: Qualified or part-qualified actuary with experience in technical calculations.

The predicted salary is between 60000 - 80000 £ per year.

Mercer is currently looking to grow our team by appointing talented and ambitious technical part-qualified/qualified actuaries in an exciting and revenue-generating role. This is an opportunity to join an established centre of excellence, specialising in a wide range of retirement solutions, providing technical expertise and support to our UK Retirement market.

We are looking for strong team players with proven experience of checking and reviewing technical actuarial calculations, excellent communication skills and business acumen.

We will count on you to:

  • Work as part of a great multi-disciplinary team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK pension solutions.
  • You will be responsible for checking and reviewing complex calculations, as well as communicating the results to consultants and wider support teams.
  • Contribute to continuous improvement by developing and delivering knowledge sharing/training/process improvement initiatives and co-ordinate new process rollouts across locations.
  • Work in partnership and develop relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
  • Be directly involved with the management of more junior colleagues within the GMP Equalisation team, including supporting with performance reviews, training and personal development plans.
  • Develop skills to support on various consulting aspects of GMP projects and have direct client contact.

What you need to have:

  • Qualified or part-qualified actuary.
  • Experience of technical calculations required for GMP Rectification and Equalisation projects.
  • A good understanding of how UK Defined Benefit pension schemes operate and experience in carrying out benefit calculations for Defined Benefit pension schemes.
  • Excellent analytical, numerical, and critical thinking skills, including a good understanding of actuarial approaches for pensions.

What makes you stand out:

  • Experience working in a similar role within an Actuarial team, working 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.

Senior Actuarial Consultant - GMP Equalisation - Nationwide 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.

Marsh McLennan

Contact Details:

Marsh McLennan Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Actuarial Consultant - GMP Equalisation - Nationwide in London

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We think you need these skills to ace Senior Actuarial Consultant - GMP Equalisation - Nationwide in London

Actuarial Skills
Technical Calculations
GMP Rectification
GMP Equalisation
Defined Benefit Pension Schemes
Benefit Calculations
Analytical Skills

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.

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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

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Network with Industry Professionals

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