At a Glance
- Tasks: Join our team to analyse pension data and develop innovative retirement solutions.
- Company: Dynamic actuarial firm with a focus on professional growth and collaboration.
- Benefits: Comprehensive training, hybrid work model, and supportive leadership.
- Other info: Inclusive culture with diverse opportunities for career advancement.
- Why this job: Make a real impact in the retirement sector while building your technical career.
- Qualifications: Numerical degree, strong analytical skills, and eagerness to learn.
The predicted salary is between 28000 - 38000 £ per year.
We are currently looking for a talented and ambitious Graduate Actuarial Analyst who is keen to develop their career by joining our UK GSD Wealth Actuarial team based in Belfast or Exeter. It's a great time to join our growing business and you will have the opportunity to work alongside the best and brightest in the industry. If you're a problem solver, team player, strong communicator and keen to develop a technical career within an actuarial role, we want you on our team! This is a hybrid role that has a requirement of working a minimum of 3 days a week in the office.
You will be working as part of an established centre of excellence, spanning three UK locations and comprising over 120 experienced colleagues with an average of 20 years in the UK pension industry. In this role, you will play a key part in delivering a broad range of retirement solutions, offering your technical expertise and support to our UK Retirement market. This is a fantastic opportunity to contribute to a well‑respected team and make a meaningful impact in the retirement sector.
As we continue to grow and shape the workforce of the future, we offer a dynamic and evolving range of services designed to help you learn, develop, and advance your skills. Mercer is committed to your professional growth, providing a comprehensive training and development plan along with full study support for relevant exams. Build your career with us and benefit from ongoing support both now and into the future.
We will rely on you to:
- Work as part of a team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK and European pension solutions.
- Provide detailed analysis of pension membership data, preparation of valuation data and data reconciliation.
- Provide support to the UK consulting business covering end‑to‑end actuarial services and basic client management.
- Contribute to continuous improvement by creating new ways of working through process design, implementation and optimisation.
- Develop expertise in Excel, VBA and Mercer in‑house technology enabling high quality IT and product solution development.
- Work in partnership and develop relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
What you need to have:
- Educated to degree level in a numerical or semi‑numerical degree.
- Self‑motivated, eagerness to learn and to keep up to date with the respective industry trends and market conditions.
- To be analytical, numerical and have critical thinking skills.
- Work as part of a team and within a collaborative environment.
- Have strong IT skills with good working knowledge of Microsoft Office, in particular Excel.
- Legal authorisation to work in the UK on a permanent and ongoing basis.
What makes you stand out:
- Keen interest in building a technical career in the UK pension industry.
- Keen interest in financial markets and an understanding of how UK pension schemes operate.
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.
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. Office‑based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Marsh 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 colour, 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.
Graduate Actuarial Analyst employer: NACBA
At Mercer, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and development. As a Graduate Actuarial Analyst in our Belfast or Exeter office, you'll collaborate with industry experts while benefiting from comprehensive training and study support, ensuring you thrive in your actuarial career. Our commitment to hybrid working allows for flexibility, enabling you to balance your professional and personal life while making a meaningful impact in the retirement sector.
StudySmarter Expert Advice🤫
We think this is how you could land Graduate Actuarial Analyst
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like NACBA.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to NACBA's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Graduate Actuarial Analyst
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at NACBA
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.