Pensions Scheme Actuary

3 weeks ago

Edinburgh, United Kingdom Mercer Full time

Pensions Actuarial Consultant - Nationwide (Hybrid)

Mercer is seeking a talented and ambitious DB Actuarial Consultant to join our team in the UK. As a consultant, you will have the opportunity to work with clients on both Scheme Actuary and Corporate appointments in the mid-market segment. This role offers the flexibility to be based in any of our UK offices or work remotely.

What can you expect?

Joining our multi-disciplinary team, you will provide clients with cutting-edge actuarial advice. This role is ideal for a qualified actuary with experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role. As a Pension Actuarial Consultant, you will collaborate with a team to develop and deliver customised advice and solutions to clients, with a primary focus on DB pension schemes. At Mercer, we are at the forefront of innovation in the world of retirement saving, developing interactive and client-specific solutions.

Whatâs in it for you?

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

  • With the support of an experienced team of colleagues, build your career as a Scheme Actuary

  • We offer a good work-life balance and a competitive salary

  • You will also enjoy 25 days of holiday, 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:

  • In this role, you will be responsible for a significant number of Scheme Actuary and Corporate appointments in the mid-market segment

  • You will lead on delivering actuarial advice at 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

  • You will support Client Relationship Managers (CRM) in all aspects of service delivery, including governance, financial management and meetings

  • Proactively identifying and developing client needs and solutions, you will also promote other Mercer and MMC services to clients in collaboration with CRMs and other specialist consultants

What you need to have: 

  • This role would suit a Fellow of the Institute and Faculty of Actuaries with actuary with a strong understanding of and experience with UK defined benefit pension schemes

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

  • To succeed in this role, you should have an awareness of current pension issues and their impact on clients, as well as the ability to tailor your response to specific circumstances

  • Excellent communication skills, strong analytical and numerical abilities, and critical thinking skills are essential

  • You should have the ability to manage projects with minimal supervision

  • We value individuals who are adaptable in a changing environment and have a willingness to learn new skills

  • Building relationships with colleagues and clients is crucial, and excellent planning and organisational abilities are necessary to prioritise and complete work

What makes you stand out:

  • Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role, excellent communication skills, and demonstrated business acumen, adaptability, and a desire to be in front of clients

#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. Mercerâs 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 worldâs 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.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, religion, sexual orientation, gender identity or any other characteristic protected by applicable law.

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.

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