Graduate Actuarial Analyst
Graduate Actuarial Analyst

Graduate Actuarial Analyst

Belfast Full-Time 28800 - 48000 £ / year (est.) No home office possible
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TargetJobs UK

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 Wealth Actuarial team based in Belfast . 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.

The Role: Graduate Actuarial AnalystYou 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

Analytical, numerical and critical thinking skills

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 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.

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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.
TargetJobs UK

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
Location: Belfast
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