Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London

Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London

London Full-Time 50000 - 70000 € / year (est.) No home office possible
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At a Glance

  • Tasks: Lead actuarial projects and collaborate with a dynamic team on pension solutions.
  • Company: Join Mercer, a leader in retirement solutions with a vibrant culture.
  • Benefits: Professional development, inclusive culture, and diverse career opportunities.
  • Other info: Engage directly with clients and support junior colleagues' development.
  • Why this job: Make a real impact in pensions while growing your skills and expertise.
  • Qualifications: Qualified or part-qualified actuary with strong analytical skills.

The predicted salary is between 50000 - 70000 € per year.

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.

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.

Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London employer: Mercer UK

At Mercer, we pride ourselves on being an exceptional employer that champions professional growth and collaboration within a vibrant and inclusive culture. As an Actuarial Consultant, you will not only engage in meaningful work that drives revenue but also benefit from extensive development opportunities, supportive leadership, and the chance to work alongside talented colleagues on diverse pension-related projects across the UK. Join us to make a significant impact while enjoying a rewarding career in a dynamic environment.

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Contact Detail:

Mercer UK Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London

Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.

Show Off Your Skills

When you get the chance to chat with potential employers, make sure to highlight your unique skills and experiences. We want to see how you can bring value to the team, especially in areas like GMP rectification and equalisation. Be confident and let your expertise shine!

Prepare for Interviews

Do your homework before any interview! Research the company, understand their projects, and think about how your background fits in. We recommend practising common interview questions and preparing some thoughtful questions of your own to show your interest.

Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly.

We think you need these skills to ace Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) in London

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

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Actuarial Consultant role. Highlight your background in GMP rectification and equalisation, as well as any relevant project work you've done. We want to see how you can contribute to 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 experience makes you a perfect fit. Don’t forget to mention your enthusiasm for working in a collaborative environment like ours at Mercer.

Showcase Your Technical Skills:Since this role involves complex actuarial calculations, be sure to highlight your technical expertise. Mention specific tools or methodologies you’ve used in the past, and how they relate to the work we do at Mercer. We love seeing candidates who are technically savvy!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there, which can help you tailor your application even further!

How to prepare for a job interview at Mercer UK

Know Your GMP Inside Out

Make sure you brush up on your knowledge of GMP rectification and equalisation. Be prepared to discuss specific examples from your experience that demonstrate your understanding of these concepts, as well as any relevant projects you've worked on.

Showcase Your Analytical Skills

Since the role requires strong analytical and numerical skills, be ready to tackle some technical questions during the interview. Practise explaining complex actuarial calculations clearly and concisely, as this will show your ability to communicate effectively with both clients and colleagues.

Demonstrate Team Collaboration

Highlight your experience working in multi-disciplinary teams. Share examples of how you've collaborated with others to achieve common goals, especially in relation to defined benefit modelling or other actuarial projects. This will show that you're a team player who can contribute to Mercer’s culture of collaboration.

Engage with Client Scenarios

Prepare to discuss how you've engaged with clients in previous roles. Think about specific situations where you’ve provided tailored solutions or improved client relationships. This will help illustrate your consulting skills and your ability to deliver value to clients in the actuarial space.