Pensions Actuarial Consultant - Nationwide

Mercer; Manchester; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A global consulting firm is looking for a Pensions Actuarial Consultant to join their team in Manchester. This role involves providing high-quality support and advice on defined benefit pension schemes, leading client meetings, and mentoring junior colleagues. Ideal candidates should be fully qualified actuaries or close to qualification, possess excellent analytical skills, and have a strong understanding of UK pension operations. The firm fosters a vibrant culture and provides professional development opportunities.

Benefits

Professional development opportunities

Inclusive company culture

Flexible work environment

Qualifications

• Excellent communication skills and strong analytical, numerical, and critical thinking skills.
• Ability to manage projects and distribute work to junior colleagues.
• A good understanding of UK pension schemes operations.

Responsibilities

• Lead client meetings and presentations.
• Provide informed views based on client circumstances.
• Act as final technical reviewer for actuarial calculations.

Skills

Actuarial skills

Communication skills

Analytical skills

Project management

Education

Qualified Actuary or nearing qualification

Job description

Overview

Pensions Actuarial Consultant - Nationwide

Mercer Manchester, England, United Kingdom

We are looking for Pensions Actuarial Consultants to join our team and help provide high quality support and advice to our clients to make sure their scheme members receive their benefits as planned.

As a 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. You will also have the opportunity to work with colleagues across funding, investment, risk transfer and covenant to bring the best solutions to our clients.

We will count on you to:

• 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 on technical topics
• Communicate with clients in a clear and succinct manner
• Act as final technical reviewer for actuarial calculations
• Agree the strategy, direction and resourcing for client work
• Perform supervision, appraisals and act as a mentor for employees under supervision (if applicable) or informally via feedback on client work
• Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets

What you need to have

• Fully qualified Actuary/ nearing qualification
• 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 good understanding of a range of ways in which UK pension schemes operate

What makes you stand out

• 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

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.

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 mercer.com, or follow on LinkedIn and X.

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 [e-mail].

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.

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