Retirement Actuarial Consulting Manager

TN United Kingdom; Leeds; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Senior Actuarial Consultant to join their dynamic team in Leeds. This role focuses on delivering GMP Equalisation projects, providing technical expertise in UK pension solutions. The ideal candidate will have a strong background in defined benefit pensions, excellent analytical and communication skills, and a passion for teamwork. With exceptional training opportunities and a supportive work environment, this position promises to enhance your professional growth while contributing to meaningful pension solutions for clients. If you are ready to take the next step in your actuarial career, this opportunity is perfect for you.

Benefits

Exceptional training and development opportunities

Competitive salary

Flexible working options

Support for professional exams

25 days holiday

Pension plan

Private medical insurance

Income protection

Qualifications

• Experience in DB pensions within an actuarial role.
• Understanding of UK DB pension schemes and benefit calculations.

Responsibilities

• Check and review complex actuarial calculations.
• Manage and support junior colleagues in performance reviews.

Skills

Analytical Skills

Communication Skills

Teamwork

Attention to Detail

Education

Degree in Numerical Field

Qualified or Part-Qualified Actuary

Tools

Excel

VBA

Job description

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Client:

Location:

Leeds, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

01ec0a2dbec4

Job Views:

10

Posted:

24.04.2025

Expiry Date:

08.06.2025

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Job Description:

Description:

Senior Actuarial Consultant - GMP Equalisation - Nationwide

Mercer is currently looking to grow our team by appointing talented and ambitious technical part-qualified/qualified actuaries in an exciting and revenue-generating role. This is an 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 in checking and reviewing technical actuarial calculations, excellent communication skills, and business acumen.

We provide insights, advice, and technology-driven solutions to help build brighter futures for our clients, colleagues, and communities. Together, we are redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being.

The role will be part of the projects team, focusing on delivering GMP Equalisation projects to our clients, which may also involve de-risking projects over time. This is a key role in providing pension solutions across our services. As we grow, we offer a continuously evolving and tailored range of services, supporting skill development now and in the future.

This role suits someone with experience working on DB pensions within an actuarial role. Mercer offers full-study support for relevant exams.

What can you expect?

• Work within a multidisciplinary team on complex defined benefit modelling using advanced actuarial skills, specialising in UK pension solutions.
• Check and review complex calculations and communicate results to consultants and support teams.
• Contribute to continuous improvement through training, process improvements, and new process rollouts.
• Develop expertise in Excel, VBA, and Mercer’s in-house technology.
• Collaborate with internal teams to deliver streamlined services.
• Manage and support junior colleagues, including performance reviews and personal development.
• Gain skills in consulting aspects of GMP projects and maintain client contact.

What is in it for you:

• Exceptional training and development opportunities.
• Challenging, friendly, and diverse work environment.
• Competitive salary and flexible working, including remote options.
• Support for professional exams and ongoing education.
• Wide range of services and career opportunities.
• 25 days holiday, with options to buy/sell additional days.
• Benefits including pension, private medical insurance, income protection, and more.

What you need to have:

• Degree in a numerical or semi-numerical field.
• Qualified or part-qualified actuary.
• Understanding of UK DB pension schemes and benefit calculations.
• Strong analytical and communication skills.
• Teamwork and collaboration skills.
• Attention to detail and IT skills, especially Excel.

What will make you stand out:

• Experience in a similar actuarial role, especially in pensions and technical calculations for GMP projects.

Why Mercer?

Mercer is a global leader in consulting, helping clients reshape work, retirement, and health outcomes. We aim to make a difference in people's lives through innovative solutions and a supportive, inclusive culture. We promote flexibility, development, and long-term career growth, including training, certifications, and tuition support.