Company:

Description:

Pensions Actuarial Consultant / Analyst - Can be based in any of our UK/I offices (Hybrid)

Mercer is looking for a talented and ambitious pensions actuary / analyst who is keen to further their career, focused on consulting with clients. This is an opportunity to join a great multi-disciplinary team providing clients with leading edge advice across funding, investment, risk transfer and covenant. We are looking for an individual with excellent communication skills, adaptability, business acumen and a desire to be in front of clients, all underpinned by the required technical skills.

The role:

You will be working as part of a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes.This is an opportunity to work on a wide range of clients, direct with Scheme Actuaries and other specialists, and on a range of client teams. We tailor the client mix to support and develop an individual’s skills now and into the future.

The majority of the base number crunching is carried out by specialist teams, which allows the consulting team to focus on solving our clients’ needs and adding value by developing innovative client solutions.

What can you expect?

• Leading on the preparation and delivery of both day-to-day, and strategic advice, with a focus on finding tailored solutions that meet clients’ needs; with senior support as required.

• Providing an informed view on current topics based on client circumstances, and tailoring advice as appropriate.

• Strong technical actuarial skills used to consult with clients, and the ability to communicate with clients in a clear and succinct manner.

• Checking and reviewing work, including reasonableness and ‘sense checking’ of colleagues’ (and your own) work.

• Supporting the development of more junior colleagues.

• Taking part in setting and negotiating fees, where appropriate, with senior colleagues.

• The opportunity to be involved in both new business prospect activity and people management responsibilities.

What is in it for you:

• Competitive Benefits Package including: 25 days annual leave, up to 4 days of flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.

• Excellent on the job training and support as well as full-study support for those undertaking the actuarial exams

We will count on you to:

• To have an awareness of current pension issues and how these impact clients, including key considerations and ability to talk about these and tailor your response to specific circumstances.

• To be a strong communication with strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions.

• To have a strong understanding of a range of ways in which UK pension schemes operate.

• Learn new skills and be adaptable in a changing environment.

• Have a proven ability to build relationships with colleagues and clients.

• Excellent planning and organisational abilities, in order to prioritise and complete work.

What you will need to have:

• Current experience working as a part-qualified/qualified actuary working for a Pension Consultancy

• Making good progress with your FIA exams or fully qualified

• Strong project management experience

• Consulting experience

What makes you stand out:

• Experience working with trustees and/or corporates on UK DB pensions within an actuarial consultancy role.

Pensions Actuarial Consultant / Scheme Actuary - Edinburgh, Glasgow, Belfast Leeds, Manchester, Birmingham, London - (Hybrid or Fully Remote)

Mercer is seeking a Pensions Actuarial Consultant to join our multi-disciplinary team that provides clients with leading edge advice across funding, investment, risk transfer and covenant.

What can you expect:

A qualified actuary, in the role of Pensions Actuarial Consultant you will be working in a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes as many navigate the journey towards their long-term objective. You will have the opportunity to take responsibility for signing out DB pension disclosures for company accounts at an early stage, with a view to developing your career towards taking on the role of a Scheme Actuary and consultant for your own portfolio of clients.

What’s in it for you?

• The opportunity to take on signing responsibility for corporate accounting disclosures as soon as practicable

• Gain early access to direct client exposure supporting a team of Scheme Actuaries and consultants working on a varied portfolio of clients

• With the support of an experienced team of colleagues, build your career towards becoming a Scheme Actuary and lead consultant

• Excellent work life balance with the option to work on a hybrid or fully remote basis

• Competitive Benefits Package including: 25 days annual leave, up to 4 days of flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more

We will count on you to:

• Take responsibility for company accounting disclosures for DB pension schemes

• Lead on the preparation and delivery of both day-to-day, and strategic advice, with a focus on finding tailored solutions that meet clients’ needs

• Lead client meetings and presentations

• Provide an informed view on current topics based on client circumstances, and tailoring advice as appropriate

• Utilise strong technical actuarial skills used to consult with clients, and the ability to communicate with clients in a clear and succinct manner

• Act as final technical reviewer for actuarial calculations and, where appropriate, provide peer review support

• Agree the strategy, direction and resourcing for client work

• Act as day to day contact for clients responsible for ensuring problem resolution

• Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets

• Provide guidance to colleagues in the wider consulting team

What you need to have:

• IFOA qualification as an Actuary

• Experience of developing your skills towards attainment of, or have recently obtained, a Scheme Actuary certificate

• An awareness of current pension issues and how these impact clients, including key considerations and ability to talk about these and tailor your response to specific circumstances

• Excellent communication skills, strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions

• Ability to manage projects, including distribution of work to junior colleagues

• A strong understanding of a range of ways in which UK pension schemes operate

• A willingness to learn new skills and be adaptable in a changing environment

• Proven ability to build relationships with colleagues and clients

• Excellent planning and organisational abilities, in order to prioritise and complete work

What makes you stand out?

• Experience as a signing actuary for company accounting disclosures (FRS, IAS) with additionally experience of US GAAP preferable but not essential

• Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role

• Excellent communication skills

• Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills

#Li-Hybrid

#mercerukactuary

About Mercer

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 20,000 colleagues are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of $23 billion. Through its market-leading businesses including Marsh , Guy Carpenter and Oliver Wyman , Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com . Follow Mercer on LinkedIn and X.

We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at TAUK@mmc.com to discuss any specific needs.