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DC Pensions Consultant

4 months ago

London, Greater London, United Kingdom Mercer Full time

DC Pensions Consultant / Associate Consultant – Nationwide

Mercer is seeking a DC Pensions Consultant / Associate Consultant to join our specialist DC team in the delivery of DC services to a large portfolio of clients. Our DC team is one of the largest , fully integrated teams in the UK and we offer both agile and flexible working, including fully home based.

Mercer's Defined Contribution (DC) team is unrivalled and is the largest group of DC experts (including governance, scheme design, investment consultants, provider and technical researchers and technicians) in the UK. This exciting growth area of Mercer's UK business is a key strategic focus and delivers both successful pension and savings solutions for clients and career opportunities for our talented colleagues. Our collaborative culture within the team drives and naturally promotes our successful growth of winning new business and maintaining strong existing relationships.

At Mercer, we understand that the market landscape is changing at an unprecedented pace. Customer and client expectations are constantly evolving. Companies are merging at historic rates. Technology is developing faster than the market can keep up with. That's why we need to ensure we are leading by example and we do this by being true drivers of change through educating, providing tools and services to optimise employer retirement outcome. This role has been hand crafted to do just that

Mercer can help design, plan, and manage customised defined contribution plans both globally and locally. We align organisational objectives with workforce demographics and employee behaviours to identify how employers can help improve retirement outcomes for their employees while meeting workforce management needs.

What can you expect?

  • Serves as the DC governance consultant on mid-size to large clients delivering and promoting our services
  • Provides support to lead consultant on our largest and more complex clients
  • Review work produced by analysts and junior consultants using Mercer software/tools
  • Role may include wider client relationship management for some clients
  • Manage budgets and commercial relationships with clients
  • Provide support and advise internal Mercer teams regarding defined contribution issues
  • Have responsibility for proactive revenue generation of existing clients and aim to extend the range of services provided by other lines of business as appropriate
  • Assist trustees and sponsors to run their DC pension arrangements. Clients will include corporate sponsors, trustee boards of trust-based schemes and governance committees of contract-based schemes
  • Expand understanding of client needs and start assisting more senior colleagues in formulating plans to grow revenue and strengthen relationships with clients
  • Attend client meetings to support senior colleagues and assist in preparation including production of meeting papers, and supporting management of actions

What is in it foy you?

  • Be part of one of the largest DC teams in the UK, which is fully integrated
  • Be part of a successful, well established and growing Wealth team linked to the wider Mercer and Marsh McLennan group
  • The opportunity to truly develop your Pensions Consulting career with a global reach
  • Full study support for professional qualifications
  • 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:

  • Provide support to senior colleagues and attend client meetings
  • Be self-motivated and work collaboratively within the DC and wider client team
  • Promote Mercer in the market place

What you need to have:

  • DC Pensions consulting experience (or similar)
  • Be studying, or prepared to study for a professional qualification (eg PMI, CII, CFA, IMC)
  • Excellent communication skills, verbal and written
  • Project management experience (not essential)

What makes you stand out?

  • Ability to develop strong working relationships with colleagues, clients and provider contacts at all levels
  • Show initiative and enjoy working in a dynamic team environment
  • Good analytical skills

#Li-Hybrid

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 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 to discuss any specific needs.