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- Tasks: Lead a dynamic team in complex actuarial projects and enhance UK pension solutions.
- Company: Join Mercer, a global leader in risk and strategy with a collaborative culture.
- Benefits: Professional development, inclusive culture, flexible work options, and competitive rewards.
- Why this job: Make a real impact while developing your skills in a supportive environment.
- Qualifications: Qualified or part-qualified actuary with strong analytical and leadership skills.
- Other info: Exciting career growth opportunities in a diverse and inclusive workplace.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Technical Calculations Actuarial Consultant – Team Leadership – Nationwide
Mercer Edinburgh, Scotland, United Kingdom
Are you a talented and ambitious actuary looking to take the next step in your career? At Mercer, we are expanding our dynamic team by welcoming skilled part-qualified or qualified actuaries to a pivotal role that drives revenue and 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 technical expertise and support to our UK Retirement market while working alongside a passionate team dedicated to excellence.
Responsibilities
- Collaborate and Lead: Work within a multi-disciplinary team on complex defined benefit modelling, utilising advanced actuarial skills and techniques to specialise in intricate UK pension solutions
- Quality Assurance: Check and review complex calculations, ensuring accuracy and clear communication of results to consultants and wider support teams
- Drive Improvement: Contribute to continuous improvement by developing and delivering knowledge-sharing initiatives, training sessions, and coordinating new process rollouts across locations
- Build Relationships: Partner with internal teams to deliver a seamless service across different lines of business within Mercer
- Support and Develop: Play a key role in developing junior colleagues, supporting performance reviews, training, and personal development plans; inspire and motivate the team fostering a culture of excellence and accountability
- Client Engagement: Develop consulting skills by engaging directly with clients on actuarial projects
- Project Involvement: Participate in actuarial projects including pension scheme valuations, risk assessments, and benefit design initiatives, applying actuarial techniques to deliver tailored solutions
- Team Leadership: Set clear objectives for the team, facilitate regular meetings, discuss progress, share insights, and address challenges to ensure alignment with organisational goals
What you need to have
- Qualified or part-qualified actuary
- Experience in technical calculations for actuarial projects
- 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 actuarial role within a pensions team, with focus on technical aspects and exposure to consultants and client support teams
- Proven leadership skills with the ability to inspire and motivate a team while fostering collaboration and high performance
Why join us?
- We support your development through professional opportunities, interesting work, and supportive leaders
- We foster an inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities
- Our scale provides a range of career opportunities, benefits, and rewards to enhance well-being
Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realise their investment objectives, shape the future of work and enhance health and retirement outcomes. 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. 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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Technical Calculations Actuarial Consultant - Team Leadership - Nationwide employer: Mercer
Contact Detail:
Mercer Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Calculations Actuarial Consultant - Team Leadership - Nationwide
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the lookout for new opportunities. A friendly chat can lead to referrals or insider info about openings at companies like Mercer.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of UK Defined Benefit pension schemes. Be ready to discuss how your experience aligns with the role and how you can contribute to team leadership and client engagement.
✨Tip Number 3
Showcase your leadership abilities! Think of examples where you've inspired or developed others in your previous roles. This will resonate well with employers looking for someone to foster a culture of excellence within their teams.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our dynamic team at Mercer.
We think you need these skills to ace Technical Calculations Actuarial Consultant - Team Leadership - Nationwide
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the role of a Technical Calculations Actuarial Consultant. Highlight your experience in technical calculations and any leadership roles you've held, as this will show us you're a great fit for our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about actuarial work and how your background makes you the perfect candidate. Don’t forget to mention your understanding of UK Defined Benefit pension schemes!
Showcase Your Analytical Skills: In your application, be sure to highlight your analytical and critical thinking skills. We want to see examples of how you've tackled complex problems in the past, especially in relation to actuarial projects or pension solutions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at Mercer!
How to prepare for a job interview at Mercer
✨Know Your Numbers
As a Technical Calculations Actuarial Consultant, you’ll need to demonstrate your strong analytical and numerical skills. Brush up on your understanding of UK Defined Benefit pension schemes and be ready to discuss specific calculations you've worked on. This will show your technical expertise and confidence in handling complex actuarial projects.
✨Showcase Leadership Skills
Since this role involves team leadership, prepare examples that highlight your ability to inspire and motivate others. Think about times when you’ve led a project or supported junior colleagues. Be ready to discuss how you foster collaboration and high performance within a team.
✨Engage with Real Scenarios
During the interview, expect to engage in discussions about client projects or case studies. Prepare by thinking through how you would approach various actuarial challenges, such as pension scheme valuations or risk assessments. This will demonstrate your consulting skills and ability to deliver tailored solutions.
✨Communicate Clearly
Effective communication is key in this role, especially when explaining complex calculations to consultants and clients. Practice articulating your thoughts clearly and concisely. Consider doing mock interviews with a friend to refine your ability to convey technical information in an understandable way.
