Junior DC Pensions Consultant
Junior DC Pensions Consultant

Junior DC Pensions Consultant

Full-Time 28800 - 43200 ÂŁ / year (est.) No home office possible
M

At a Glance

  • Tasks: Support senior consultants with client meetings and manage budgets for complex pension clients.
  • Company: Mercer is a global leader in investment, health, and retirement solutions, fostering a diverse and inclusive culture.
  • Benefits: Enjoy professional development opportunities, flexible hybrid work, and a vibrant team environment.
  • Why this job: Join a dynamic team driving change in pensions while making a real impact on clients and communities.
  • Qualifications: Previous DC pensions consulting experience preferred; studying for a professional qualification is a plus.
  • Other info: Work in a collaborative environment with the largest group of DC experts in the UK.

The predicted salary is between 28800 - 43200 ÂŁ per year.

Mercer Edinburgh, Scotland, United Kingdom

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Mercer Edinburgh, Scotland, United Kingdom

Join to apply for the Junior DC Pensions Consultant role at Mercer

We are seeking a talented individual to join our Defined Contributions (DC) team at Mercer.
Please note, whilst we are looking for an element of previous pensions consulting experience, this is not a senior level role.
The team is unrivalled and is the largest group of DC experts (including governance, scheme design, investment consultants, provider and technical researchers and technicians) in the UK. This exciting growth area of Mercer’s UK business is a key strategic focus and delivers both successful pension and savings solutions for clients and career opportunities for our talented colleagues. Our collaborative culture within the team drives and naturally promotes our successful growth of winning new business and maintaining strong existing relationships.
At Mercer, we understand that the market landscape is changing at an unprecedented pace. Customer and client expectations are constantly evolving. Companies are merging at historic rates. Technology is developing faster than the market can keep up with. That’s why we need to ensure we are leading by example and we do this by being true drivers of change through educating, providing tools and services to optimise employer retirement outcome. This role has been hand crafted to do just that!
Mercer can help design, plan, and manage customised defined contribution plans both globally and locally. We align organisational objectives with workforce demographics and employee behaviours to identify how employers can help improve retirement outcomes for their employees while meeting workforce management needs.
What can you expect?

  • Provides support to lead consultant on our mid-size to our largest and more complex clients
  • Review work produced by analysts using Mercer software/tools
  • Manage budgets for clients
  • Provide support to internal Mercer teams regarding defined contribution issues
  • Assist trustees and sponsors to run their DC pension arrangements. Clients will include corporate sponsors, trustee boards of trust-based schemes and governance committees of contract-based schemes
  • Expand understanding of client needs and start assisting more senior colleagues in formulating plans to grow revenue and strengthen relationships with clients
  • Attend client meetings to support senior colleagues and assist in preparation including production of meeting papers, and supporting management of actions

We will count on you to

  • Provide support to senior colleagues and attend client meetings
  • Be self-motivated and work collaboratively within the DC and wider client team
  • Promote Mercer in the market- place

What you need to have:

  • DC Pensions consulting experience (or similar)
  • Be studying, or prepared to study for a professional qualification (eg PMI, CII, CFA, IMC)
  • Excellent communication skills, verbal and written
  • Project management experience (not essential)

What makes you stand out?

  • Ability to develop strong working relationships with colleagues, clients and provider contacts at all levels
  • Show initiative and enjoy working in a dynamic team environment
  • Good analytical skills

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.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.
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
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.
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Seniority level

  • Seniority level

    Not Applicable

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

  • Industries

    Insurance and Business Consulting and Services

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Junior DC Pensions Consultant employer: Mercer

Mercer is an exceptional employer located in Edinburgh, offering a vibrant and inclusive work culture that prioritises professional development and employee well-being. As part of a global leader in investment and retirement solutions, employees benefit from diverse career opportunities, collaborative teamwork, and the chance to make a meaningful impact on clients and communities. With a commitment to flexibility and diversity, Mercer fosters an environment where talent can thrive and grow.
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Contact Detail:

Mercer Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Junior DC Pensions Consultant

✨Tip Number 1

Familiarise yourself with the latest trends in defined contribution pensions. Understanding current market dynamics and client expectations will help you engage in meaningful conversations during interviews and demonstrate your enthusiasm for the role.

✨Tip Number 2

Network with professionals in the pensions consulting field, especially those at Mercer or similar firms. Attend industry events or webinars to build connections and gain insights that could give you an edge when applying.

✨Tip Number 3

Prepare to discuss how you can contribute to team collaboration and client relationships. Think of examples from your past experiences where you've successfully worked in a team or built strong relationships, as this is crucial for the role.

✨Tip Number 4

Stay updated on relevant professional qualifications like PMI or CII. Showing your commitment to continuous learning and professional development can set you apart from other candidates and align with Mercer's values.

We think you need these skills to ace Junior DC Pensions Consultant

DC Pensions Consulting Experience
Excellent Communication Skills
Analytical Skills
Project Management Experience
Ability to Develop Strong Working Relationships
Self-Motivation
Collaboration Skills
Client Relationship Management
Understanding of Pension Regulations
Proficiency in Mercer Software/Tools
Initiative and Proactiveness
Attention to Detail
Professional Qualification (e.g. PMI, CII, CFA, IMC) Preparation

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to grasp what Mercer is looking for in a Junior DC Pensions Consultant. Pay attention to the required skills and responsibilities, and think about how your experience aligns with these.

Tailor Your CV: Customise your CV to highlight relevant experience in pensions consulting or similar fields. Emphasise your communication skills, project management experience, and any qualifications you are pursuing, such as PMI or CII.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific aspects of Mercer’s culture and values that resonate with you, and explain how you can contribute to their team.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in consulting roles.

How to prepare for a job interview at Mercer

✨Understand the Role

Make sure you have a clear understanding of what a Junior DC Pensions Consultant does. Familiarise yourself with defined contribution plans and the specific responsibilities mentioned in the job description, such as supporting senior colleagues and attending client meetings.

✨Show Your Initiative

Demonstrate your ability to take initiative during the interview. Share examples from your past experiences where you proactively contributed to a project or helped solve a problem, especially in a team setting.

✨Prepare for Client Interaction

Since the role involves attending client meetings, be ready to discuss how you would handle client interactions. Think about how you can build strong relationships and communicate effectively with clients and colleagues alike.

✨Highlight Your Analytical Skills

The job requires good analytical skills, so be prepared to discuss any relevant experience you have. Bring up instances where you've used analytical thinking to make decisions or improve processes, particularly in a financial context.

Junior DC Pensions Consultant
Mercer
M
  • Junior DC Pensions Consultant

    Full-Time
    28800 - 43200 ÂŁ / year (est.)

    Application deadline: 2027-07-15

  • M

    Mercer

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