At a Glance
- Tasks: Join our Risk Transfer team to advise clients on pension buy-ins and scheme wind-ups.
- Company: Mercer, a global leader in risk and consulting with a vibrant culture.
- Benefits: Professional development, flexible work options, and a supportive environment.
- Other info: Dynamic role with opportunities for career growth and collaboration.
- Why this job: Make a real impact while working with diverse clients and talented colleagues.
- Qualifications: Experience in risk transfer and excellent communication skills are essential.
The predicted salary is between 50000 - 70000 £ per year.
Mercer is looking for talented and ambitious pensions consultants who are keen to further their career, focused on consulting with clients. This is an opportunity to join our expanding Risk Transfer team, providing clients with advice on the journey to buy‑in, broking the market and winding up schemes.
We are looking for individuals with excellent communication and project management skills, adaptability, business acumen and a desire to be in front of clients, all underpinned by the required consulting skills and experience.
We will count on you to:
- Bulk annuity broking and winding up pension schemes is fast becoming an increasingly important role as part of the run off of DB schemes and delivering service excellence in this area will be crucial to our overall delivery.
- Become an integral member of the Risk Transfer team, working on a wide range of clients at various stages of the buy‑in journey including the post transaction buyout and wind‑up phases.
- Project manage a portfolio of clients to help them achieve their buy‑out and winding‑up objectives and co‑ordinate all the relevant teams and client stakeholders.
- Develop and prepare project plans and have input into setting budgets.
What you need to have:
- A background in risk transfer, bulk annuity broking and pension scheme wind‑ups is preferable.
- An understanding of the journey to buy‑out for pension schemes including key considerations.
- Excellent communication and consulting skills and a proven track record of client exposure.
- Excellent project management and organisational abilities, in order to prioritise and complete work and meet project deadlines.
What makes you stand out:
This role would be suitable for someone who already has experience working with trustees and/or corporates on DB pensions within a consultancy role and has knowledge and experience of bulk annuity broking and winding‑up pension schemes.
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 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@marsh.com.
Marsh 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 colleagues are expected to be in their local office or working onsite with clients at least three days per week.
Risk Transfer Consultant employer: Mercer
Mercer is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture. As a Risk Transfer Consultant, you will have the opportunity to work on diverse client portfolios while benefiting from a supportive leadership team and a range of career advancement opportunities. With a commitment to hybrid work, Mercer ensures flexibility and collaboration, making it an ideal place for ambitious individuals looking to make a meaningful impact in the pensions consulting field.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Transfer Consultant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mercer. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk Transfer Consultant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mercer.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mercer's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mercer
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mercer.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mercer will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mercer employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
