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- Tasks: Lead actuarial projects and collaborate on complex pension solutions.
- Company: Join Mercer, a global leader in consulting and insurance.
- Benefits: Enjoy professional development, flexible work, and a supportive culture.
- Why this job: Make a real impact in the UK Retirement market with innovative projects.
- Qualifications: Qualified or part-qualified actuary with strong analytical skills.
- Other info: Dynamic team environment with excellent career growth opportunities.
The predicted salary is between 28800 - 48000 £ per year.
Join Mercer as an Actuarial Consultant focused on GMP rectification and equalisation, with opportunities for part-qualified or qualified actuaries. Provide technical expertise and support to the UK Retirement market, and engage in actuarial project work across pension initiatives.
We will count on you to:
- Collaborate and lead within a multi-disciplinary team on complex defined benefit modelling, specialising in UK pension solutions.
- Quality Assurance: check and review complex calculations, ensuring accuracy and clear communication of results to consultants and wider support teams.
- Drive Improvement: contribute to continuous improvement by developing and delivering knowledge-sharing initiatives, training sessions, and coordinating new process rollouts across locations.
- Build Relationships: partner with internal teams to deliver seamless service across Mercer lines of business.
- Support and Develop: support junior colleagues through performance reviews, training, and development plans.
- Client Engagement: engage directly with clients on actuarial projects to enhance professional experience.
- Project Involvement: participate in actuarial projects including pension valuations, risk assessments, and benefit design initiatives.
- Team Leadership: lead in team meetings to discuss progress and address challenges 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 benefit calculations.
- Excellent analytical, numerical, and critical thinking skills with a solid grasp of pension actuarial approaches.
- People management skills.
What makes you stand out:
- Previous experience in a similar actuarial role within Pensions, with exposure to consultants and client support teams.
Why join our team:
- Professional development opportunities, interesting work, and supportive leadership.
- Inclusive culture with collaboration on innovative solutions for colleagues and clients.
- Career opportunities, benefits, and rewards to enhance well-being.
Mercer is committed to hybrid work, with flexibility to work remotely and in-office collaboration. All colleagues are expected to be in their local office or onsite with clients at least three days per week.
Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) employer: Mercer
Contact Detail:
Mercer Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
✨Network Like a Pro
Get out there and connect with people in the actuarial field! Attend industry events, webinars, or even local meetups. The more you engage with professionals, the better your chances of landing that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of your experience with GMP equalisation and project work. Let them see how your skills can directly benefit their team.
✨Follow Up After Interviews
After an interview, drop a quick thank-you email to express your appreciation. It’s a simple way to keep yourself on their radar and show that you’re genuinely interested in the role.
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at getting noticed! We love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Consultant role. Highlight your experience with GMP equalisation and any relevant project work. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial work and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Technical Skills: Since this role involves complex calculations, make sure to showcase your technical expertise in your application. Mention specific tools or methodologies you've used in the past that relate to UK Defined Benefit pension schemes.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you'll be able to keep track of your application status directly with us!
How to prepare for a job interview at Mercer
✨Know Your Numbers
As an Actuarial Consultant, you'll need to demonstrate your strong analytical and numerical skills. Brush up on UK Defined Benefit pension schemes and be ready to discuss specific calculations or scenarios during the interview. This shows you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Team Spirit
Collaboration is key in this role, so be prepared to talk about your experience working in multi-disciplinary teams. Share examples of how you've led discussions or contributed to team projects, especially in complex actuarial contexts. This will highlight your people management skills and ability to drive improvement.
✨Engage with Real Scenarios
During the interview, expect to engage in discussions about real client scenarios or actuarial projects. Prepare by thinking through past experiences where you’ve tackled similar challenges, such as GMP rectification or benefit design initiatives. This will help you connect your background to the role directly.
✨Ask Insightful Questions
Don’t forget that interviews are a two-way street! Prepare thoughtful questions about Mercer’s approach to continuous improvement and how they support professional development. This not only shows your interest in the company but also helps you gauge if it’s the right fit for you.