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

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

Manchester Full-Time 40000 - 50000 £ / year (est.) No working from home possible
Mercer

At a Glance

  • Tasks: Join a dynamic team to tackle complex pension projects and provide expert actuarial support.
  • Company: Mercer, a leading global consultancy with a vibrant and inclusive culture.
  • Benefits: Professional development, flexible working, and a supportive environment for growth.
  • Other info: Collaborate with talented colleagues and enjoy diverse career opportunities.
  • Why this job: Make a real impact in the pensions sector while advancing your career.
  • Qualifications: Qualified or part-qualified actuary with strong analytical and people management skills.

The predicted salary is between 40000 - 50000 £ 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.

Responsibilities
  • 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.
  • 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.
  • People management skills.
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 Manchester employer: Mercer

At Mercer, we pride ourselves on being an exceptional employer that champions professional growth and collaboration within a vibrant and inclusive culture. Our commitment to employee development is reflected in the diverse career opportunities and comprehensive benefits we offer, ensuring that our actuaries can thrive while making a meaningful impact in the world of pensions. Join us in a dynamic environment where your contributions are valued, and you can work alongside talented colleagues to drive innovative solutions.

Mercer

Contact Details:

Mercer Recruitment Team

StudySmarter Expert Advice🤫

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

Network Like a Pro

Get out there and connect with people in the industry! Attend events, webinars, or even local meetups. The more you engage with others, the better your chances of hearing about job openings that might not be advertised.

Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Share specific examples of your work in GMP rectification and equalisation. This is your moment to shine and show how you can add value to their team.

Follow Up

After interviews or networking events, drop a quick thank-you email. It shows your appreciation and keeps you on their radar. Plus, it’s a great opportunity to reiterate your interest in the role!

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, you’ll find all the latest opportunities right there at your fingertips.

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

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.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role and how your experience makes you a great fit. Be sure to mention specific projects or achievements that showcase your actuarial expertise.

Showcase Your Analytical Skills:In your application, emphasise your analytical and critical thinking skills. We want to see how you've applied these in previous roles, especially in relation to defined benefit pension schemes and complex calculations.

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!

How to prepare for a job interview at Mercer

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 calculations clearly and concisely, as this will show your ability to communicate effectively with both consultants and clients.

Demonstrate Team Leadership

Highlight your experience in leading teams or mentoring junior colleagues. Share examples of how you've contributed to team success, especially in multi-disciplinary settings, as this aligns with the collaborative culture Mercer values.

Engage with Real-World Scenarios

Prepare for situational questions that may involve client engagement or project involvement. Think about how you would approach various actuarial challenges and be ready to discuss your thought process and problem-solving strategies.