At a Glance
- Tasks: Join a dynamic team as a Graduate Actuarial Analyst, tackling complex pension solutions.
- Company: Mercer is a global leader in investment and retirement solutions, fostering innovation and growth.
- Benefits: Enjoy hybrid work flexibility, professional development opportunities, and a vibrant, inclusive culture.
- Why this job: Make an impact while learning from industry experts in a supportive environment.
- Qualifications: Degree in a numerical field; strong analytical skills and eagerness to learn required.
- Other info: Work in Belfast or Exeter with a focus on teamwork and continuous improvement.
The predicted salary is between 28800 - 46800 £ per year.
We are currently looking for a talented and ambitious Graduate Actuarial Analyst who is keen to develop their career by joining our UK GSD WA team. It’s a great time to join our growing business and you will have the opportunity to work alongside the best and brightest in the industry.
If you’re a problem solver, team player, strong communicator and keen to develop a technical career within an actuarial role, we want you on our team! This role will be based in either Belfast or Exeter and is a hybrid role that has a requirement of working at least three days a week in the office.
What can you expect?
- You will be working as part of an established centre of excellence spanning 3 UK locations, with over 120 colleagues and an average of 20 years’ experience in the UK pension industry.
- You will have the opportunity to fulfil a fundamental role specialising in a wide range of retirement solutions and providing technical expertise and support to our UK Retirement market.
- As we continue to grow and enhance our workforce of the future, we are providing a continuously evolving and tailored range of services, giving individuals the opportunity to learn and develop their skills with support both now, and into the future.
- Mercer will provide a full training and development plan as well as full-study support for any applicable exams as you build your career.
We will count on you to:
- Work as part of a team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK pension solutions.
- Provide detailed analysis of pension membership data, preparation of valuation data and data reconciliation.
- Provide support to the UK consulting business covering end-to-end actuarial services and basic client management.
- Contribute to continuous improvement by creating new ways of working through process design, implementation and optimisation.
- Develop expertise in excel, VBA and Mercer in house technology enabling high quality IT and product solution development.
- Work in partnership and develop relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
What you need to have:
- Educated to degree level in a numerical or semi-numerical degree.
- Self-motivated, eagerness to learn and to keep up to date with the respective industry trends and market conditions.
- To be analytical, numerical and have critical thinking skills.
- Work as part of a team and within a collaborative environment.
- Have strong IT skills with good working knowledge of Microsoft office, in particular Excel.
- Legal authorisation to work in the UK on a permanent and ongoing basis.
What makes you stand out:
- Keen interest in building a technical career in the UK pension industry.
- Keen interest in financial markets and an understanding of how UK pension schemes operate.
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.
Graduate Actuarial Analyst – Mercer (GSD Wealth Actuarial – Belfast or Exeter) employer: Mercer
Contact Detail:
Mercer Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Actuarial Analyst – Mercer (GSD Wealth Actuarial – Belfast or Exeter)
✨Tip Number 1
Familiarise yourself with the UK pension industry and current trends. Understanding how pension schemes operate will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working at Mercer or similar companies. Attend industry events or webinars to make connections and gain insights that could give you an edge during the hiring process.
✨Tip Number 3
Brush up on your Excel and VBA skills, as these are crucial for the role. Consider taking online courses or tutorials to enhance your proficiency, which will show your commitment to developing the necessary technical skills.
✨Tip Number 4
Prepare for behavioural interview questions by reflecting on your teamwork experiences and problem-solving abilities. Be ready to share specific examples that highlight your analytical and collaborative skills, as these are key attributes for the position.
We think you need these skills to ace Graduate Actuarial Analyst – Mercer (GSD Wealth Actuarial – Belfast or Exeter)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the requirements of the Graduate Actuarial Analyst role. Emphasise your numerical abilities, analytical skills, and any experience in teamwork or problem-solving.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the actuarial field and your interest in Mercer. Mention specific aspects of the job description that excite you and how your background makes you a great fit for the team.
Highlight Relevant Education: Since the role requires a degree in a numerical or semi-numerical field, ensure you clearly state your educational background. Include any relevant coursework or projects that demonstrate your analytical and technical skills.
Showcase Your IT Skills: Given the emphasis on strong IT skills, particularly in Excel and VBA, provide examples of how you've used these tools in previous roles or projects. This will help demonstrate your readiness for the technical aspects of the job.
How to prepare for a job interview at Mercer
✨Show Your Analytical Skills
As a Graduate Actuarial Analyst, you'll need to demonstrate your analytical and numerical abilities. Be prepared to discuss examples from your studies or previous experiences where you've solved complex problems or analysed data effectively.
✨Familiarise Yourself with the Industry
Make sure you have a good understanding of the UK pension industry and current market trends. This will not only help you answer questions confidently but also show your genuine interest in the role and the company.
✨Highlight Teamwork Experience
Since the role requires collaboration, be ready to share instances where you've successfully worked as part of a team. Discuss how you contributed to group projects and how you handle differing opinions within a team setting.
✨Prepare Questions for Your Interviewers
Having thoughtful questions prepared shows your enthusiasm for the role and the company. Ask about the training and development opportunities available, or inquire about the team dynamics and culture at Mercer.