Graduate Actuarial Analyst

targetjobs UK; Exeter; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

Join a leading company as a Graduate Actuarial Analyst where you will work alongside experienced colleagues and provide technical expertise in the UK pension industry. This role includes extensive training and development support, enabling you to build a rewarding career while contributing to impactful retirement solutions.

Benefits

Professional Development Opportunities

Flexible Work Environment

Supportive Leadership

Qualifications

• Educated to degree level in a numerical or semi-numerical degree.
• Strong IT skills with good working knowledge of Microsoft Excel.
• Self-motivated and eager to learn.

Responsibilities

• Work on complex defined benefit modelling using advanced actuarial skills.
• Analyze pension membership data, prepare valuation data and data reconciliation.
• Support the UK consulting business with end-to-end actuarial services.

Skills

Analytical

Numerical

Critical Thinking

Self-motivated

Teamwork

Education

Degree in Numerical or Semi-numerical Field

Tools

Microsoft Excel

Job description

We are currently looking for a talented and ambitious Graduate Actuarial Analyst who is keen to develop their career by joining our UK GSD WA team. It’s a great time to join our growing business and you will have the opportunity to work alongside the best and brightest in the industry.

What can you expect?

• You will be working as part of an established centre of excellence spanning 3 UK locations, with over 120 colleagues and an average of 20 years’ experience in the UK pension industry.
• You will have the opportunity to fulfill a fundamental role specializing in a wide range of retirement solutions and providing technical expertise and support to our UK Retirement market.
• As we continue to grow and enhance our workforce of the future, we are providing a continuously evolving and tailored range of services, giving individuals the opportunity to learn and develop their skills with support both now, and into the future.
• Mercer will provide a full training and development plan as well as full-study support for any applicable exams as you build your career.
  
  

We Will Count On You To

• Work as part of a team on complex defined benefit modelling using advanced actuarial skills and techniques, specializing in complex UK pension solutions
• Provide detailed analysis of pension membership data, preparation of valuation data and data reconciliation
• Provide support to the UK consulting business covering end-to-end actuarial services and basic client management
• Contribute to continuous improvement by creating new ways of working through process design, implementation and optimization
• 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
  
  

What You Need To Have

• Educated to degree level in a numerical or semi-numerical degree
• Self-motivated, eagerness to learn and to keep up to date with the respective industry trends and market conditions
• To be analytical, numerical and have critical thinking skills
• Work as part of a team and within a collaborative environment
• Have strong IT skills with good working knowledge of Microsoft Office, in particular Excel
• Legal authorization to work in the UK on a permanent and ongoing basis.
  
  

What Makes You Stand Out

• Keen interest in building a technical career in the UK pension industry
• Keen interest in financial markets and an understanding of how UK pension schemes operate
  
  

Why Join Our Team

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
  
  

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work, and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.

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. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one 'anchor day' per week on which their full team will be together in person.