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Actuarial Consulting

4 months ago

Belfast, United Kingdom Mercer Full time

Actuarial Consulting & Calculation Lead - GMP Equalisation - Can be based in any of our UK/I offices (Hybrid)

Mercer is currently looking to grow our team by appointing talented and ambitious Actuarial Calculation Leads in an exciting, revenue generating, and high-profile role. This is an opportunity to join an established centre of excellence, specialising in a wide range of retirement solutions, providing technical expertise and support to our UK Retirement market. We are looking for strong team players with excellent communication and business acumen skills, with proven review and checking experience.

What can you expect?

  • Work as part of a great multi-disciplinary team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK pension solutions.
  • Review and interpret scheme rules and apply these within the framework of GMP equalisation projects.
  • You will be responsible check and review complex calculations, as well as communicating these changes and processes to consultants and wider support teams.
  • Contribute to continuous improvement by developing and delivering knowledge sharing / training / process improvement initiatives and co-ordinate new process roll outs across locations.
  • Develop expertise in excel, VBA and Mercer in house technology enabling high quality IT and product solution development.
  • Working in partnership and developing relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
  • Supporting the development and managing more junior colleagues on GMP equalisation projects
  • If desired support on Consulting aspects of GMP projects and have direct client contact.

What is in it for you:

  • Exceptional training and development opportunities.
  • Challenging yet friendly and diverse work environment.
  • Competitive salary and highly flexible working practices including remote working
  • We will fund a number, of different professional study pathways including the Actuarial exams, PMI Qualifications, and other relevant personal and professional exams.
  • Exposure to a wide range of services with an abundance of career enhancing opportunities.
  • Potential for opportunities in other lines of business, or via our Global rotation programme.
  • 25 days holiday with the option to buy/sell 5 days additional leave.
  • Highly competitive benefits package including pension scheme, private medical insurance, income protection and options including discounted gym memberships, travel insurance, childcare, and retail vouchers and much more.

What you need to have:

  • Educated to degree level in a numerical or semi-numerical degree.
  • A strong understanding of how UK Defined Benefit pension schemes operate.
  • Experience in carrying out Benefit calculations
  • Strong analytical, numerical, and critical thinking skills, including a good understanding of actuarial approaches for pensions.
  • Ability to work as part of a team and within a collaborative environment.
  • Excellent written and verbal communication skills.
  • Exceptional attention to detail ensuring quality and delivery in line with deadlines.
  • Strong IT skills with good working knowledge of Microsoft office, in particular Excel.

What will make you stand out:

  • Experience working in a similar role within an Actuarial team, working in Pensions, with a focus on Technical aspects and solid exposure to consultants and broader client support teams.

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

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 approximately 25,000 employees are based in 43 countries and the firm operates in 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 over $20 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 Twitter.