Senior Actuarial Consultant - GMP Equalisation - Nationwide

Marsh & McLennan Companies; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Actuarial Consultant to join their dynamic team, focusing on GMP Equalisation. In this role, you will leverage your actuarial expertise to review complex calculations and support junior colleagues while fostering a collaborative environment. You will be part of a vibrant culture that values professional development and inclusivity, ensuring that your contributions positively impact clients and communities. This position offers a unique opportunity to engage with diverse projects and enhance your career in a supportive setting.

Benefits

Professional Development Opportunities

Supportive Leadership

Vibrant and Inclusive Culture

Career Opportunities

Benefits and Rewards for Well-being

Qualifications

• Qualified or part qualified actuary with experience in GMP Rectification and Equalisation.
• Strong analytical and numerical skills with a focus on Defined Benefit pension schemes.

Responsibilities

• Check and review complex actuarial calculations for GMP Equalisation projects.
• Develop relationships with internal teams to streamline services across Mercer.

Skills

Analytical Skills

Numerical Skills

Critical Thinking

Communication Skills

Education

Qualified Actuary

Part Qualified Actuary

Job description

Company: Mercer

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 of checking and reviewing technical actuarial calculations, excellent communication skills and business acumen.

We will count on you to:

1. Work as part of a great multi-disciplinary team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK pension solutions.
2. You will be responsible for checking and reviewing complex calculations, as well as communicating the results to consultants and wider support teams.
3. Contribute to continuous improvement by developing and delivering knowledge sharing / training / process improvement initiatives and co-ordinate new process rollouts across locations.
4. Working in partnership and developing relationships with internal teams to deliver a streamlined service to other lines of business within Mercer.
5. Directly involved with the management of more junior colleagues within the GMP Equalisation team, including supporting with performance reviews, training and personal development plans.
6. Develop skills to support on various consulting aspects of GMP projects and have direct client contact.

What you need to have:

1. Qualified or part qualified actuary.
2. Experience of technical calculations required for GMP Rectification and Equalisation projects.
3. A good understanding of how UK Defined Benefit pension schemes operate and experience in carrying out benefit calculations for Defined Benefit pension schemes.
4. Excellent analytical, numerical, and critical thinking skills, including a good understanding of actuarial approaches for pensions.

What makes you stand out:

1. Experience working in a similar role within an Actuarial team, working in Pensions, with a focus on technical aspects and solid exposure to consultants and broader client support teams.

Why join our team:

1. We help you be your best through professional development opportunities, interesting work and supportive leaders.
2. 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.
3. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.