Retirement Actuarial Consulting Manager
Retirement Actuarial Consulting Manager

Retirement Actuarial Consulting Manager

Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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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 retirement solutions with a vibrant culture.
  • Benefits: Professional development, flexible work options, and a supportive environment.
  • 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.
  • Other info: Collaborate with talented colleagues and enjoy diverse career opportunities.

The predicted salary is between 36000 - 60000 ÂŁ 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.

Responsibilities

  • 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.
  • Working in partnership and developing relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
  • 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.

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 at reasonableaccommodations@mmc.com.

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.

Retirement Actuarial Consulting Manager employer: Marsh McLennan

Mercer is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture where talented colleagues collaborate to create impactful solutions. With a commitment to employee well-being, we offer a range of benefits and career opportunities, alongside the flexibility of hybrid work arrangements, ensuring that our team members can thrive both personally and professionally in the dynamic field of retirement actuarial consulting.
Marsh McLennan

Contact Detail:

Marsh McLennan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Retirement Actuarial Consulting Manager

✨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 at landing that dream job! We keep our listings updated and it’s the quickest way to get your application in front of the right people.

We think you need these skills to ace Retirement Actuarial Consulting Manager

Qualified or part qualified actuary
Technical calculations for GMP Rectification and Equalisation projects
Understanding of UK Defined Benefit pension schemes
Benefit calculations for Defined Benefit pension schemes
Analytical skills
Numerical skills
Critical thinking skills
Actuarial approaches for pensions
Communication skills
Team management
Training and development
Process improvement initiatives
Relationship building with internal teams
Client contact experience

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your actuarial qualifications and any relevant experience in GMP Equalisation or Defined Benefit pension schemes. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your communication skills and ability to work in a multi-disciplinary team, as these are key for us.

Showcase Your Analytical Skills: Since this role involves complex calculations, be sure to provide examples of your analytical and critical thinking skills. Whether it's through past projects or specific achievements, we want to see how you tackle challenges head-on!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Mercer!

How to prepare for a job interview at Marsh McLennan

✨Know Your Numbers

Brush up on your technical calculations related to GMP Rectification and Equalisation projects. Be ready to discuss specific examples from your experience, as this will show your expertise and confidence in handling complex actuarial tasks.

✨Communicate Clearly

Since excellent communication skills are key for this role, practice explaining complex actuarial concepts in simple terms. This will help you demonstrate your ability to convey results effectively to consultants and support teams during the interview.

✨Show Your Team Spirit

Highlight your experience working in multi-disciplinary teams. Share examples of how you've collaborated with others to improve processes or deliver results, as Mercer values strong team players who can contribute to a vibrant culture.

✨Prepare for Scenario Questions

Expect questions that assess your analytical and critical thinking skills. Prepare for scenario-based questions where you might need to solve a problem or make a decision based on hypothetical situations related to defined benefit pension schemes.

Retirement Actuarial Consulting Manager
Marsh McLennan
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