Pensions Actuarial Consultant - Nationwide

National African-American Insurance Association (NAAIA); City Of London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading global actuarial consultancy seeks a Pensions Actuarial Consultant to provide high-quality advice and support to clients regarding DB pension schemes. This role involves leading client meetings, utilizing actuarial skills, and managing projects. Ideal candidates will be fully qualified Actuaries or nearing qualifications with strong communication and analytical capabilities and a solid understanding of UK pension schemes. Join a supportive team that values development and diversity.

Benefits

Professional development opportunities

Supportive leadership

Inclusive work culture

Qualifications

• Fully qualified Actuary or nearing qualification.
• Excellent communication skills.
• Strong analytical, numerical, and critical thinking skills.
• Ability to manage projects and distribute work.

Responsibilities

• Lead client meetings and presentations.
• Provide informed views and tailor advice to clients.
• Utilize strong technical actuarial skills for consultations.
• Act as final technical reviewer for actuarial calculations.

Skills

Excellent communication skills

Strong analytical skills

Numerical and critical thinking skills

Actuarial approaches for pensions

Project management

Education

Fully qualified Actuary or nearing qualification

Job description

Pensions Actuarial Consultant - Nationwide

We are looking for Pensions Actuarial Consultants to join our team and help provide high quality support and advice to our clients to make sure their scheme members receive their benefits as planned.

As a Pensions Actuarial Consultant, you will be working in a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes. You will also have the opportunity to work with colleagues across funding, investment, risk transfer and covenant to bring the best solutions to our clients.

We will count on you to:

• Lead client meetings and presentations
• Provide an informed view on current topics based on client circumstances, and tailoring advice as appropriate
• Utilise strong technical actuarial skills used to consult with clients on technical topics
• Communicate with clients in a clear and succinct manner
• Act as final technical reviewer for actuarial calculations
• Agree the strategy, direction and resourcing for client work
• Perform supervision, appraisals and act as a mentor for employees under supervision (if applicable) or informally via feedback on client work
• Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets

What you need to have:

• Fully qualified Actuary/ nearing qualification
• Excellent communication skills, strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions
• Ability to manage projects, including distribution of work to junior colleagues
• A good understanding of a range of ways in which UK pension schemes operate

What makes you stand out:

• Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role
• Excellent communication skills
• Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills

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 impact for 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 committed to embracing a diverse, inclusive and flexible work environment.

Marsh McLennan is an equal opportunities employer and is 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.