Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)

Marsh & McLennan Companies, Inc.; London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

Join Mercer as an Actuarial Consultant, specialising in GMP rectification and equalisation. This strategic position offers significant responsibilities in UK pension solutions, focusing on client engagement and technical expertise while supporting your professional growth within a diverse and inclusive team.

Benefits

Professional development opportunities

Inclusive culture

Career benefits and rewards

Qualifications

• Extensive experience in actuarial calculations.
• Strong understanding of UK Defined Benefit pension schemes.
• Experience in pension scheme valuations and risk assessments.

Responsibilities

• Collaborate in defined benefit modelling using advanced actuarial skills.
• Engage directly with clients on actuarial projects.
• Support the development of junior colleagues.

Skills

Analytical skills

Numerical skills

People management

Education

Qualified or part-qualified actuary

Job description

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Actuarial Consultant - GMP Equalisation and Project Work (Nationwide), London

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Client:

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

ec9ecdd1d80b

Job Views:

4

Posted:

29.06.2025

Expiry Date:

13.08.2025

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Job Description:

Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
Mercer

Description:

Join Our Team as an Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)

Are you a talented and ambitious actuary with a strong background in GMP rectification and equalisation? Mercer is expanding its dynamic team by welcoming skilled part-qualified or qualified actuaries to a vital role that drives revenue and fosters professional growth.

This is your chance to be part of an established centre of excellence, specialising in retirement solutions. You will provide technical expertise and support to the UK Retirement market, particularly in GMP rectification and equalisation, while engaging in various actuarial project work across pension-related initiatives.

If you're ready to advance your career and make a difference in pensions, we want to hear from you! Join Mercer and be part of a team that values your contributions and supports your growth.

Responsibilities include:

• Collaborate and Lead: Work within a multi-disciplinary team on complex defined benefit modelling, using advanced actuarial skills to specialise in UK pension solutions.
• Quality Assurance: Review calculations to ensure accuracy and clarity, communicating results effectively to consultants and support teams.
• Drive Improvement: Develop knowledge-sharing initiatives, training, and coordinate process rollouts across locations.
• Build Relationships: Partner with internal teams for seamless service delivery across Mercer.
• Support and Develop: Support the development of junior colleagues through performance reviews, training, and personal development plans.
• Client Engagement: Engage directly with clients on actuarial projects to enhance consulting skills.
• Project Involvement: Participate in pension scheme valuations, risk assessments, and benefit design projects, applying actuarial techniques to solve complex problems.
• Team Leadership: Lead team meetings to discuss progress, share insights, and address challenges in GMP rectification and other projects.

Requirements:

• Qualified or part-qualified actuary
• Extensive experience in actuarial calculations
• Strong understanding of UK Defined Benefit pension schemes
• Excellent analytical and numerical skills
• People management skills

Preferred:

• Experience in a similar actuarial role, especially in pensions and client support teams.

Why join Mercer:

• Professional development and interesting work
• Inclusive culture and talented colleagues
• Career opportunities, benefits, and rewards

Mercer, part of Marsh McLennan, is a global leader in investment, work, health, and retirement solutions. We are committed to diversity, inclusion, and flexible work environments. We support candidates with disabilities and offer reasonable adjustments during recruitment.

We promote hybrid work, with flexibility for remote work and in-office collaboration at least three days a week.

Job ID R_304507