Graduate Actuarial Analyst
Graduate Actuarial Analyst

Graduate Actuarial Analyst

Belfast Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Graduate Actuarial Analyst, tackling complex pension solutions and data analysis.
  • Company: Mercer is a global leader in investment, health, and retirement solutions with a vibrant culture.
  • Benefits: Enjoy hybrid work flexibility, professional development opportunities, and a supportive team environment.
  • Why this job: Be part of a dynamic team, learn from industry experts, and make a real impact in the pension sector.
  • Qualifications: A degree in a numerical field, strong analytical skills, and a passion for the pension industry are essential.
  • Other info: This role is based in Belfast or Exeter, requiring at least three days in the office.

The predicted salary is between 28800 - 48000 £ 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 WA team. 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 role will be based in either Belfast or Exeter and is a hybrid role that has a requirement of working at least three days a week in the office.

What Can You Expect?

  • You will be working as part of an established centre of excellence spanning 3 UK locations, with over 120 colleagues and an average of 20 years’ experience in the UK pension industry.
  • You will have the opportunity to fulfil a fundamental role specialising in a wide range of retirement solutions and providing technical expertise and support to our UK Retirement market.
  • As we continue to grow and enhance our workforce of the future, we are providing a continuously evolving and tailored range of services, giving individuals the opportunity to learn and develop their skills with support both now, and into the future.
  • Mercer will provide a full training and development plan as well as full-study support for any applicable exams as you build your career.

We Will Count On You To

  • Work as part of a team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK 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.
  • Analytical, numerical and have critical thinking skills.
  • Able to work as part of a team and within a collaborative environment.
  • 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 an 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, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. 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. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit our website.

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 let us know.

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. #J-18808-Ljbffr

Graduate Actuarial Analyst employer: TargetJobs UK

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, you will benefit from comprehensive training and study support while collaborating with industry experts in either Belfast or Exeter. Our commitment to hybrid working ensures flexibility, allowing you to balance your career aspirations with personal well-being in a supportive environment.
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Contact Detail:

TargetJobs UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Graduate Actuarial Analyst

✨Tip Number 1

Familiarise yourself with the UK pension industry and current trends. This will not only help you in interviews but also show your genuine interest in the role and the company.

✨Tip Number 2

Network with professionals in the actuarial field, especially those working at Mercer or similar companies. Attend industry events or webinars to make connections that could lead to valuable insights and referrals.

✨Tip Number 3

Brush up on your Excel and VBA skills, as these are crucial for the role. Consider taking online courses or tutorials to enhance your proficiency, which will set you apart from other candidates.

✨Tip Number 4

Prepare for potential technical assessments by practising complex defined benefit modelling scenarios. This will demonstrate your analytical skills and readiness for the challenges of the job.

We think you need these skills to ace Graduate Actuarial Analyst

Analytical Skills
Numerical Skills
Critical Thinking
Team Collaboration
Strong Communication Skills
Proficiency in Microsoft Excel
VBA Programming
Data Analysis
Attention to Detail
Problem-Solving Skills
Understanding of UK Pension Schemes
Interest in Financial Markets
Adaptability
Self-Motivation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the role of a Graduate Actuarial Analyst. Emphasise your numerical degree, analytical skills, and any experience with Excel or VBA.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the actuarial field and your eagerness to learn. Mention specific aspects of the job description that excite you and how you can contribute to the team.

Highlight Teamwork and Communication Skills: Since the role requires collaboration, provide examples in your application that demonstrate your ability to work effectively in teams and communicate complex ideas clearly.

Showcase Continuous Learning: Express your commitment to professional development and staying updated on industry trends. Mention any relevant courses, certifications, or self-study efforts that reflect your dedication to growing in the actuarial field.

How to prepare for a job interview at TargetJobs UK

✨Showcase Your Analytical Skills

As a Graduate Actuarial Analyst, you'll need strong analytical and numerical skills. Be prepared to discuss specific examples from your studies or previous experiences where you've successfully solved complex problems or analysed data.

✨Demonstrate Teamwork

This role requires collaboration with various teams. Share experiences that highlight your ability to work effectively in a team environment, focusing on how you contributed to group success and supported your colleagues.

✨Express Your Eagerness to Learn

Mercer values self-motivated individuals who are keen to learn. During the interview, convey your enthusiasm for the actuarial field and your commitment to continuous professional development, including any relevant courses or certifications you plan to pursue.

✨Familiarise Yourself with Industry Trends

Having a keen interest in financial markets and UK pension schemes is crucial. Research current trends and challenges in the industry, and be ready to discuss how these might impact the role and the company during your interview.

Graduate Actuarial Analyst
TargetJobs UK
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