Actuarial Calculation Lead and Manager

1 month ago


Leeds, Leeds, United Kingdom GB035 Mercer (UK) Limited Full time
Job Description:

Actuarial Calculation Lead and Manager - GMP Equalisation

Mercer is seeking a talented and ambitious technical part-qualified/qualified actuary to join our team as an Actuarial Calculation Lead and Manager. This is an exciting 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 proven experience of checking and reviewing technical actuarial calculations, excellent communication skills, and business acumen. As a key member of our projects team, you will be responsible for delivering GMP Equalisation projects to our clients, which can incorporate or lead onto being involved in de-risking projects for our clients over time.

This role would be suitable for someone who already has experience working on DB pensions within an actuarial role. In addition, Mercer provides full-study support for students undertaking any applicable examinations.

Key Responsibilities:
  • 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.
  • Check and review complex calculations, as well as communicate the results 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 rollouts across locations.
  • Develop expertise in Excel, VBA, and Mercer in-house technology enabling high-quality IT and product solution development.
  • Work in partnership and develop relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
  • Directly involved with the management of more junior colleagues within the GMP Equalisation team, including supporting with performance reviews, training, and personal development plans.
  • Develop skills to support on various consulting aspects of GMP projects and have direct client contact.
What We Offer:
  • 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 and other relevant personal and professional exams.
  • Exposure to a wide range of services with an abundance of career-enhancing opportunities.
  • 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.


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