Pensions Risk Transfer Consultant

Pensions Risk Transfer Consultant

Full-Time 50000 - 70000 £ / year (est.) Home office (partial)
National African-American Insurance Association (NAAIA)

At a Glance

  • Tasks: Join our Risk Transfer team to advise clients on pension buy-ins and scheme wind-ups.
  • Company: Mercer, a leading consultancy with a vibrant and inclusive culture.
  • Benefits: Professional development, flexible hybrid work, and a supportive environment.
  • Other info: Great career growth opportunities in a dynamic and collaborative setting.
  • 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 pension 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 buyout and winding up objective and coordinate 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 buyout 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.

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 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 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.

Pensions Risk Transfer Consultant employer: National African-American Insurance Association (NAAIA)

At Mercer, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive culture that fosters professional growth and collaboration. As a Pensions Risk Transfer Consultant, you will have the opportunity to work with a diverse portfolio of clients while benefiting from our commitment to your development through tailored training and support. Our hybrid work model ensures flexibility, allowing you to balance remote work with valuable in-office interactions, all within a company dedicated to making a positive impact for clients and communities alike.
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 Pensions Risk Transfer Consultant

✨Tip Number 1

Network like a pro! Get out there and connect with people in the pensions industry. Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Practice your pitch! When you land that interview, make sure you can clearly articulate your experience in risk transfer and bulk annuity broking. Tailor your examples to show how you've successfully managed projects and client relationships in the past.

✨Tip Number 3

Show your passion for consulting! During interviews, express your enthusiasm for helping clients navigate their pension schemes. Share stories that highlight your communication skills and adaptability, as these are key traits they’re looking for.

✨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 team and contributing to our mission of delivering service excellence.

We think you need these skills to ace Pensions Risk Transfer Consultant

Pension Scheme Knowledge
Bulk Annuity Broking
Risk Transfer Expertise
Project Management
Client Relationship Management
Communication Skills
Organisational Abilities
Business Acumen
Adaptability
Consulting Skills
Understanding of Buyout Journey
Stakeholder Coordination
Deadline Management
Experience with Trustees and Corporates

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Pensions Risk Transfer Consultant role. Highlight your experience in risk transfer, bulk annuity broking, and any relevant project management skills. We want to see how your background aligns with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills can benefit our Risk Transfer team. Be sure to mention any client-facing experience you have, as that’s super important to us.

Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t shy away from sharing examples of how you’ve successfully communicated with clients or managed projects in the past.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team!

How to prepare for a job interview at National African-American Insurance Association (NAAIA)

✨Know Your Stuff

Make sure you brush up on your knowledge of risk transfer, bulk annuity broking, and pension scheme wind-ups. Familiarise yourself with the key considerations in the buyout journey, as this will show your potential employer that you're not just interested in the role but also understand the intricacies involved.

✨Showcase Your Communication Skills

Since excellent communication is a must for this role, practice articulating your thoughts clearly and confidently. Consider doing mock interviews with friends or family, focusing on how you explain complex concepts simply. This will help you demonstrate your consulting skills during the actual interview.

✨Project Management Prowess

Be prepared to discuss your project management experience in detail. Think of specific examples where you've successfully managed client portfolios or coordinated teams. Highlight your organisational abilities and how you prioritise tasks to meet deadlines, as these are crucial for the role.

✨Embrace the Company Culture

Research Mercer’s values and culture before your interview. Be ready to discuss how you can contribute to their vibrant and inclusive environment. Showing that you align with their commitment to diversity and professional development will set you apart from other candidates.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>