Pensions Actuarial Consultant - Nationwide
Pensions Actuarial Consultant - Nationwide

Pensions Actuarial Consultant - Nationwide

Belfast Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a team to provide tailored advice on pension schemes and lead client meetings.
  • Company: Mercer is a global leader in investment, health, and retirement solutions.
  • Benefits: Enjoy professional development, flexible remote work, and a vibrant, inclusive culture.
  • Why this job: Make an impact while working with talented colleagues and developing innovative solutions.
  • Qualifications: Fully qualified Actuary or nearing qualification with strong analytical and communication skills.
  • Other info: Hybrid work model with at least three days in the office for collaboration.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Pensions Actuarial Consultant – Nationwide

Mercer Belfast, Northern Ireland, United Kingdom

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Pensions Actuarial Consultant – Nationwide

Mercer Belfast, Northern Ireland, United Kingdom

2 days ago Be among the first 25 applicants

Join to apply for the Pensions Actuarial Consultant – Nationwide role at Mercer

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We are looking for Pensions Actuarial Consultants to join our team and help provide high quality support and advice to our clients to make sure their scheme members receive their benefits as planned.

As a Pensions Actuarial Consultant, you will be working in a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes. You will also have the opportunity to work with colleagues across funding, investment, risk transfer and covenant to bring the best solutions to our clients.

We will count on you to:

  • Lead client meetings and presentations
  • Provide an informed view on current topics based on client circumstances, and tailoring advice as appropriate
  • Utilise strong technical actuarial skills used to consult with clients on technical topics
  • Communicate with clients in a clear and succinct manner
  • Act as final technical reviewer for actuarial calculations
  • Agree the strategy, direction and resourcing for client work
  • Perform supervision, appraisals and act as a mentor for employees under supervision (if applicable) or informally via feedback on client work
  • Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets

What you need to have:

  • Fully qualified Actuary/ nearing qualification
  • Excellent communication skills, strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions
  • Ability to manage projects, including distribution of work to junior colleagues
  • A good understanding of a range of ways in which UK pension schemes operate

What makes you stand out:

  • Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role
  • Excellent communication skills
  • Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical 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 reasonableaccommodations@mmc.com.

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.

R_304688

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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Pensions Actuarial Consultant - Nationwide employer: Mercer

Mercer is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture in Belfast. With a commitment to employee well-being, we offer flexible working arrangements and a range of career opportunities, allowing you to thrive while making a meaningful impact for clients and communities. Join us to collaborate with talented colleagues and benefit from our global resources as you advance your career in the actuarial field.
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Contact Detail:

Mercer Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pensions Actuarial Consultant - Nationwide

✨Tip Number 1

Network with professionals in the pensions actuarial field. Attend industry events, webinars, or local meetups to connect with potential colleagues and mentors who can provide insights into the role and company culture.

✨Tip Number 2

Familiarise yourself with current trends and challenges in DB pension schemes. Being well-versed in these topics will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 3

Prepare to showcase your communication skills by practising how you would explain complex actuarial concepts to clients. This will be crucial in demonstrating your ability to tailor advice based on client circumstances.

✨Tip Number 4

Research Mercer’s values and recent projects. Understanding their approach and culture will allow you to align your responses during interviews, showing that you are a good fit for their team.

We think you need these skills to ace Pensions Actuarial Consultant - Nationwide

Fully qualified Actuary or nearing qualification
Excellent communication skills
Strong analytical skills
Numerical and critical thinking skills
Understanding of actuarial approaches for pensions
Project management skills
Ability to mentor and supervise junior colleagues
Knowledge of UK pension schemes operations
Client relationship management
Technical actuarial skills
Business acumen
Adaptability
Presentation skills
Fee negotiation and budget monitoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your qualifications as an actuary and your experience with DB pension schemes. Use specific examples that demonstrate your analytical skills and ability to communicate complex topics clearly.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities of the Pensions Actuarial Consultant position and provide examples of your previous work with trustees or corporates.

Highlight Relevant Skills: Emphasise your strong technical actuarial skills and project management experience. Discuss your ability to mentor junior colleagues and your understanding of UK pension schemes, as these are key aspects of the role.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented professionally.

How to prepare for a job interview at Mercer

✨Showcase Your Technical Skills

As a Pensions Actuarial Consultant, you'll need to demonstrate your strong technical actuarial skills. Be prepared to discuss specific actuarial approaches you've used in past roles, especially related to DB pension schemes.

✨Communicate Clearly

Excellent communication skills are crucial for this role. Practice explaining complex actuarial concepts in simple terms, as you may need to present to clients who aren't familiar with the technical jargon.

✨Prepare for Client Scenarios

Expect to be asked about how you would handle various client situations. Think of examples from your experience where you tailored advice based on client circumstances and be ready to discuss these during the interview.

✨Demonstrate Leadership Qualities

Since the role involves mentoring junior colleagues and leading client meetings, be prepared to share examples of your leadership experiences. Highlight any instances where you've successfully managed projects or guided team members.

Pensions Actuarial Consultant - Nationwide
Mercer
Location: Belfast
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  • Pensions Actuarial Consultant - Nationwide

    Belfast
    Full-Time
    36000 - 60000 ÂŁ / year (est.)
  • M

    Mercer

    10000+
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