Pensions Actuarial Consultant - Nationwide

Marsh; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

Marsh is seeking Pensions Actuarial Consultants to join our team in the UK to provide high-quality support and advice to clients, ensuring scheme members receive their benefits as planned.

You will work in a team to develop customised advice for trustees and corporates, focusing on DB pension schemes and collaborating with colleagues across funding, investment, risk transfer and covenant to deliver optimal solutions.

Qualifications

• Excellent communication skills and analytical, numerical and critical thinking abilities.
• Ability to manage projects and allocate work to junior colleagues.
• Good understanding of UK pension schemes and actuarial approaches for pensions.

Responsibilities

• Lead client meetings and presentations.
• Provide informed views on current topics based on client circumstances and tailor advice.
• Utilise strong technical actuarial skills to consult with clients on technical topics.
• Communicate with clients clearly and succinctly.
• Act as final technical reviewer for actuarial calculations.
• Agree strategy, direction and resourcing for client work.
• Supervise, appraise and mentor employees under supervision or provide informal feedback on client work.
• Participate in setting and negotiating fees and monitoring fee budgets.

Skills

Communication skills

Analytical thinking

Numerical skills

Pension actuarial knowledge

Project management

Mentoring supervision

Education

Actuary qualification or nearing

Job description

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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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 [e-mail].

Marsh 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 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.