Pensions Scheme Actuary

3 weeks ago


London, Greater London, United Kingdom Mercer Full time

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-Remote

#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 25,000 employees are based in 44 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 76,000 colleagues and annual revenue of $17 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 Follow Mercer on Twitter @Mercer.

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 to discuss any specific needs.


  • Scheme Actuary

    7 days ago


    London, Greater London, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for a Pensions Actuarial Consultant on behalf of a multi-national consulting and broking business that works with some of the largest clients in the UK. Our client is seeking fully qualified actuaries with extensive experience in DB pensions who are either working towards attaining or have recently attained a Scheme Actuary...


  • London, Greater London, United Kingdom The Actuary Full time

    Leading global consultancy is seeking a qualified (or part-qualified) pensions actuary to make an impact within GMP equalisation. You will assist Scheme Actuaries, Senior Actuarial Consultants and Actuarial Analysts in the provision of advice to a portfolio of Defined Benefit pension scheme clients. You will also advise on de-risking exercise including...

  • Pensions Actuary

    7 days ago


    London, Greater London, United Kingdom The Actuary Group Full time

    The Actuary Group is seeking a Longevity and Reinsurance Actuary on behalf of our client, a leading UK provider of insurance and savings solutions that's been established for 100+ years. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial...


  • London, Greater London, United Kingdom The Actuary Full time

    Are you a qualified (or part-qualified) pensions actuary, seeking to make your mark within a leading consultancy? Then this is an exciting opportunity to provide a high-quality service to clients in the field of actuarial and wider benefit consulting in relation to clients' employee benefits schemes. With a focus is on UK defined benefit pension schemes,...

  • Pensions Actuary

    7 days ago


    London, Greater London, United Kingdom The Actuary Full time

    Major consultancy is seeking a qualified pensions actuary to support both Trustee and Corporate clients in helping them to understand the risks within their pension schemes and how they can manage this. You will supportclients and their members through the life cycle of the pension scheme, runningfrom scheme set up and benefit design through to eventual...


  • London, Greater London, United Kingdom The Actuary Full time

    Are you a qualified (or part-qualified) pensions actuary looking for the next challenge? Then this is a fantastic opportunity to join a global consultancy where you will provideadvice to trustees of defined benefit pension schemes. In this diverse role, you will provide advice in regard toGAAP for pension scheme accounting (including FRS102/IAS19/US GAAP)....


  • London, Greater London, United Kingdom The Actuary Full time

    Are you a qualified (or part-qualified) pensions actuary, seeking to make your mark within a leading consultancy?Then this is an exciting opportunity to provide a high-quality service to clients in the field of actuarial and wider benefit consulting in relation to clients' employee benefits schemes. With a focus is on UK defined benefit pension schemes, you...


  • London, Greater London, United Kingdom Mercer Full time

    Pensions Actuarial Consultant / Scheme Actuary - London, Edinburgh, Glasgow, Belfast Leeds, ManchesterMercer 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...


  • London, Greater London, United Kingdom Mercer Full time

    Pensions Actuarial Consultant / Scheme Actuary - London, Edinburgh, Glasgow, Belfast Leeds, ManchesterMercer 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...


  • London, Greater London, United Kingdom The Emerald Group Full time

    As an Actuarial Analyst you will be supporting the Actuarial Manager in providing post-sale monitoring and calculations relating to buy-in/out pricing, reinsurance, longevity insurance and collateral arrangements Category: Life Actuarial Type: Permanent Helping to on-board new reinsurance arrangements, including reviewing and feeding in comments to draft...

  • Pensions Actuary

    7 days ago


    London, Greater London, United Kingdom The Actuary Full time

    Join a top international firm in the life insurance sector in London as a skilled Corporate Actuary! Oversee and guide junior team members while driving business growth through innovative approaches. Take part in ongoing projects to enhance systems and actuarial methods for optimal valuation processes. Produce quarterly actuarial valuations using various...


  • London, Greater London, United Kingdom The Actuary Full time

    Are you a qualified (or part-qualified) pensions actuary, seeking to make your mark within a leading consultancy? Then this is an exciting opportunity to provide a high-quality service to clients in the field of actuarial and wider benefit consulting in relation to clients' employee benefits schemes. With a focus is on UK defined benefit pension schemes,...


  • London, Greater London, United Kingdom The Actuary Full time

    Have you stopped taking the actuarial exams but looking for more than a handle-turning technical role? Our client, a leading UK insurer, is looking for a exam-stopper to join their DC pensions pricing team. This is a broad varied role and you will work across all aspects of pricing and product development including experience analysis, modelling,...


  • London, Greater London, United Kingdom The Actuary Full time

    Our client, a leading-edge consulting firm, has a fantastic opportunity for a qualified pensions actuary with relevant industry experience to join its team. In this key role, you will provide advice on everything from helping trustees and sponsors to manage their defined benefit plans, running large scale communications projects and implementing...

  • Scheme Actuary

    7 days ago


    London, Greater London, United Kingdom Oliver James Associates Full time

    Reputable and award-winning consultancy in their search for an experienced Scheme Actuary to join one of their UK offices | Flexible on locationOliver James are currently working with a reputable and award-winning consultancy in their search for an experienced Scheme Actuary to join one of their UK offices. (Flexible on location)Due to growth, this...


  • London, Greater London, United Kingdom The Actuary Full time

    Major global consultancy is seeking a part-qualified or qualified non-life actuary to be involved in a wide variety of assignments including reserving,Mergers & Acquisitions transaction advisory Knowledge of VBA, Power BI, R advantageous. An excellent career opportunity. Star Actuarial Futures Ltd


  • London, Greater London, United Kingdom The Actuary Full time

    Market leading client seeking qualified pensions actuary to take up a fantastic career development opportunity. With a positive, can-do attitude, the successful candidate will possessgood technical pensions knowledge coupled with strong written communication skills. This position offers both autonomy and flexibility of working arrangements, with the...


  • London, Greater London, United Kingdom The Actuary Full time

    Leading independent consultancy seeking a nearly or recently qualified Actuary to join them in a dedicated Technical Actuarial role Oliver James are pleased to be working with a leading independent consultancy seeking a nearly or recently qualified Actuary to join them in a dedicated Technical Actuarial role.This role is suited to a nearly/newly qualified...


  • London, Greater London, United Kingdom The Actuary Full time

    Leading global consultancy is seeking a qualified (or part-qualified) pensions actuary to make an impact within GMP equalisation. You will assist Scheme Actuaries, Senior Actuarial Consultants and Actuarial Analysts in the provision of advice to a portfolio of Defined Benefit pension scheme clients. You will also advise on de-risking exercise including...

  • Pension Lead

    7 days ago


    London, Greater London, United Kingdom The Actuary Full time

    Are you a systems-driven, actuarial data lead, looking for your next career challenge within a major insurance Group? This is an exceptional opportunity for you to play a crucial role in managing and analysing data to support actuarial initiatives and drive business decisions, with a focus on pensions de-risking projects. In this highly collborative role,...