At a Glance
- Tasks: Join a dynamic team to tackle GMP equalisation and diverse actuarial projects.
- Company: Mercer, a leader in retirement solutions with a collaborative culture.
- Benefits: Professional development, flexible hybrid work, and a vibrant inclusive environment.
- Why this job: Make a real impact in pensions while growing your career with talented colleagues.
- Qualifications: Qualified or part-qualified actuary with strong analytical and people management skills.
- Other info: Opportunities for career growth and a commitment to diversity and inclusion.
The predicted salary is between 28800 - 48000 £ per year.
Join Our Team as an Actuarial Consultant – GMP Equalisation and Project Work (Nationwide)
Are you a talented and ambitious actuary with a strong background in GMP rectification and equalisation? At Mercer, we are excited to expand our dynamic team by welcoming skilled part-qualified or qualified actuaries to a vital role that not only drives revenue but also 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 invaluable technical expertise and support to our UK Retirement market, particularly in the critical areas of GMP rectification and equalisation, while also engaging in a variety of actuarial project work across different pension-related initiatives. If you're ready to take your career to the next level and make a difference in the world of pensions, we want to hear from you!
We will count on you to:
- Collaborate and Lead: Work within a fantastic multi-disciplinary team on complex defined benefit modelling, utilising advanced actuarial skills and techniques to specialise in intricate UK pension solutions.
- Quality Assurance: Take charge of checking and reviewing complex calculations, ensuring accuracy and clarity in communicating results to consultants and wider support teams.
- Drive Improvement: Contribute to our culture of continuous improvement by developing and delivering knowledge-sharing initiatives, training sessions, and coordinating new process rollouts across various locations.
- Build Relationships: Partner with internal teams to deliver a seamless service across different lines of business within Mercer, enhancing collaboration and efficiency.
- Support and Develop: Play a key role in the development of junior colleagues within the team, supporting their performance reviews, training, and personal development plans.
- Client Engagement: Develop your consulting skills by engaging directly with clients on various aspects of actuarial projects, enhancing your professional experience.
- Project Involvement: Participate in a variety of actuarial projects, including but not limited to pension scheme valuations, risk assessments, and benefit design initiatives.
- Team Leadership: Lead in team meetings to discuss progress, share insights, and address challenges, ensuring that everyone is working towards common objectives in GMP rectification, equalisation, and other actuarial projects.
What you need to have:
- Qualified or part-qualified actuary
- Extensive experience in actuarial technical calculations
- 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 role within an Actuarial team, particularly in Pensions, with a focus on technical aspects and solid exposure to consultants and broader client support teams.
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 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.
Actuarial Consultant - GMP Equalisation and Project Work (Nationwide) employer: National African-American Insurance Association (NAAIA)
Contact Detail:
National African-American Insurance Association (NAAIA) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work at Mercer or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of GMP equalisation. We recommend practising common actuarial scenarios and questions to show off your expertise when it counts.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance of landing that dream job! It shows you're serious about joining our team and helps us keep track of your application more efficiently.
We think you need these skills to ace Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Actuarial Consultant role. Highlight your background in GMP rectification and equalisation, as well as any relevant project work you've done.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how your experience makes you a great fit. Be sure to mention specific projects or achievements that showcase your actuarial skills.
Showcase Your Analytical Skills: In your application, emphasise your analytical and critical thinking abilities. We want to see how you've applied these skills in previous roles, especially in relation to UK Defined Benefit pension schemes.
Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This way, your application will be reviewed by the right people who are excited to welcome you to our team!
How to prepare for a job interview at National African-American Insurance Association (NAAIA)
✨Know Your GMP Inside Out
Make sure you brush up on your knowledge of GMP rectification and equalisation. Be prepared to discuss specific examples from your experience that demonstrate your understanding of these concepts, as well as any relevant projects you've worked on.
✨Showcase Your Analytical Skills
Since the role requires strong analytical and numerical skills, be ready to tackle some technical questions during the interview. Practise explaining complex actuarial calculations clearly and concisely, as this will show your ability to communicate effectively with both consultants and clients.
✨Demonstrate Team Leadership
Highlight your experience in leading teams or mentoring junior colleagues. Share specific instances where you've facilitated team discussions or driven improvements in processes, as this aligns with the collaborative culture Mercer values.
✨Engage with Real-World Scenarios
Prepare for situational questions that may involve client engagement or project involvement. Think about how you would approach various actuarial challenges and be ready to share your thought process, as this will showcase your consulting skills and problem-solving abilities.