Pensions Actuarial Consultant - Nationwide
Pensions Actuarial Consultant - Nationwide

Pensions Actuarial Consultant - Nationwide

Manchester Full-Time 28800 - 43200 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, a vibrant culture, and flexible hybrid work options.
  • Why this job: Make an impact while working with talented colleagues in a supportive environment.
  • Qualifications: Fully qualified Actuary or nearing qualification with strong analytical skills.
  • Other info: Embrace diversity and inclusion in a flexible work environment.

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

Pensions Actuarial Consultant – Nationwide

Mercer Manchester, England, United Kingdom

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Pensions Actuarial Consultant – Nationwide

Mercer Manchester, England, 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.

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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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Pensions Actuarial Consultant - Nationwide employer: Mercer

Mercer is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture. With a strong focus on employee well-being, we offer a range of benefits and career opportunities, allowing you to thrive in your role as a Pensions Actuarial Consultant while making a meaningful impact for clients and communities across the UK.
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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

Stay updated on current trends and regulations in the pensions sector. Being knowledgeable about recent changes will help you engage in meaningful conversations during interviews and demonstrate your commitment to the field.

✨Tip Number 3

Prepare for client-facing scenarios by practising your communication skills. Role-play common client interactions with a friend or mentor to build confidence in presenting complex actuarial concepts clearly and succinctly.

✨Tip Number 4

Research Mercer’s specific approach to pensions consulting. Understanding their methodologies and values will allow you to tailor your discussions and show how your experience aligns with their goals during the interview process.

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 proficiency
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

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your qualifications as an actuary and relevant experience in pensions consultancy. Emphasise your communication skills and any project management experience, as these are key for the role.

Craft a Compelling Cover Letter: In your cover letter, address why you are interested in the Pensions Actuarial Consultant position specifically at Mercer. Mention your understanding of DB pension schemes and how your background aligns with their needs.

Showcase Technical Skills: Clearly outline your technical actuarial skills in your application. Provide examples of how you've used these skills to consult with clients or lead projects, as this will demonstrate your capability for the role.

Prepare for Potential Questions: Think about potential interview questions related to client communication and project management. Prepare examples from your past experiences that showcase your ability to lead meetings and tailor advice to client circumstances.

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 a clear and succinct manner, as you will need to tailor your advice based on client circumstances.

✨Prepare for Client Interactions

Since you'll be leading client meetings, think about how you can engage clients effectively. Prepare examples of how you've successfully managed client relationships and provided tailored solutions in the past.

✨Demonstrate Leadership and Mentorship

If applicable, highlight your experience in supervising and mentoring junior colleagues. Discuss how you've contributed to team dynamics and helped others grow in their roles, as this is an important aspect of the position.

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

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

    Mercer

    10000+
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