Senior Pensions Actuarial Consultant

GB035 Mercer (UK) Limited; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading consultancy is looking for a Senior Pensions Actuarial Consultant in London. The role involves providing tailored actuarial advice on DB pension schemes. The successful candidate will enjoy a hybrid working environment, competitive salary, and comprehensive benefits including professional development support and generous holiday allowances.

Benefits

Excellent work-life balance

Competitive salary + discretionary bonus

Comprehensive benefits programs

Flexible benefits

Full study support

25 days holiday with options to buy/sell

Qualifications

• Fully qualified Actuary or nearing qualification.
• Strong understanding of UK pension schemes operations.
• Excellent technical actuarial skills and communication.

Responsibilities

• Lead the preparation and delivery of strategic advice.
• Provide guidance and peer review of colleagues' work.
• Manage client relationships and ensure problem resolution.

Skills

Communication

Analytical

Numerical

Critical Thinking

Project Management

Education

Qualified Actuary or nearing qualification

Job description

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Senior Pensions Actuarial Consultant, London

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Client:

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

b1952240a320

Job Views:

63

Posted:

22.06.2025

Expiry Date:

06.08.2025

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Job Description:

Description:

Senior Pensions Actuarial Consultant - London, Manchester, Leeds, Liverpool, Edinburgh, Glasgow, Belfast, Birmingham

Mercer is seeking a Senior Pensions Actuarial Consultant to join our multi-disciplinary team who provides clients with leading edge advice across funding, investment, risk transfer and covenant.

What can you expect:

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 as many navigate the journey towards their long-term objective.

What’s in it for you?

Execllent work life balance with the option to work on a hybrid basis

Competitive salary + discretionary bonus, comprehensive benefits programs including: excellent pension contributions, private health insurance, flexible benefits, full study support and much more!

25 days’ holiday with the option to buy or sell up to 5 days per year

We will count on you to:

Lead on the preparation and delivery of both day-to-day, and strategic advice, with a focus on finding tailored solutions that meet clients’ needs

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, and the ability to 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

Act as day to day contact for clients responsible for ensuring problem resolution

Be involved in new business prospect activity

Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets

Provide guidance to and peer review the work of colleagues

What you need to have:

Fully qualified Actuary/ nearing qualification

An awareness of current pension issues and how these impact clients, including key considerations and ability to talk about these and tailor your response to specific circumstances

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 strong understanding of a range of ways in which UK pension schemes operate

A willingness to learn new skills and be adaptable in a changing environment

Proven ability to build relationships with colleagues and clients

Excellent planning and organisational abilities, in order to prioritise and complete work

What makes you stand out?

Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role

Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills