At a Glance
- Tasks: Join our Risk Transfer team to advise clients on pension buy-ins and scheme wind-ups.
- Company: Mercer, a leading consultancy with a vibrant and inclusive culture.
- Benefits: Professional development, supportive leaders, and a focus on well-being.
- Other info: Equal opportunities employer committed to inclusivity and support.
- Why this job: Make a real impact while working on diverse client projects in pensions.
- Qualifications: Experience in risk transfer and strong communication skills are essential.
The predicted salary is between 55000 - 65000 £ per year.
Mercer is looking for talented and ambitious pensions consultants who are keen to further their career, focused on consulting with clients. This is an opportunity to join our expanding Risk Transfer team, providing clients with advice on the journey to buy‑in, broking the market and winding up schemes. We are looking for individuals with excellent communication and project management skills, adaptability, business acumen and a desire to be in front of clients, all underpinned by the required consulting skills and experience.
Responsibilities
- Bulk annuity broking and winding up pension schemes – crucial to run‑off of DB schemes and service excellence.
- Become an integral member of the Risk Transfer team, working on a wide range of clients at various stages of the buy‑in journey including post‑transaction buyout and wind‑up phases.
- Work on a wide portfolio of clients and be part of the team managing the project and leading client relationships.
- Project‑manage a portfolio of clients to help them achieve their buyout and winding‑up objectives and coordinate all relevant teams and stakeholders.
- Develop and prepare project plans and contribute to setting budgets.
Qualifications
- Background in risk transfer, bulk annuity broking and pension scheme wind‑ups preferred.
- Understanding of the journey to buyout for pension schemes, including key considerations.
- Excellent communication and consulting skills with a proven client exposure track record.
- Strong project management and organizational abilities to prioritize and meet deadlines.
What makes you stand out
- Experience working with trustees and/or corporates on DB pensions within a consultancy role and knowledge of bulk annuity broking and winding‑up pension schemes.
Benefits
- Professional development opportunities, interesting work and supportive leaders.
- Vibrant and inclusive culture to create new solutions and have impact for colleagues, clients and communities.
- Career opportunities, benefits and rewards to enhance well‑being.
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.
Risk Transfer Consultant employer: Marsh McLennan
Mercer is an exceptional employer that fosters a vibrant and inclusive culture, providing ample professional development opportunities for its employees. As a Risk Transfer Consultant, you will engage in meaningful work with a diverse portfolio of clients, supported by leaders who prioritise your growth and well-being. Join us to make a significant impact while enjoying a rewarding career in a collaborative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Transfer Consultant
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Marsh McLennan looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Transfer Consultant
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Marsh McLennan. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Marsh McLennan
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Marsh McLennan’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
