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Senior Pensions Actuarial Consultant

3 months ago

Manchester, United Kingdom Mercer Full time

Senior Pensions Actuarial Consultant - Manchester (hybrid)

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

What can you expect:

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 as many navigate the journey towards their long-term objective.

Whatâs in it for you?

  • Execllent work life balance with the option to work on a hybrid basis

  • Competitive salary + discretionary bonus, comprehensive benefits programs including: excellent pension contributions, private health insurance, flexible benefits, full study support and much more

  • 25 daysâ holiday with the option to buy or sell up to 5 days per year

We will count on you to:

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

  • 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

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

  • Be involved in new business prospect activity

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

  • Provide guidance to and peer review the work of colleagues

What you need to have: 

  • Fully qualified Actuary/ nearing qualification

  • 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? 

  • 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

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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.