Actuarial Analyst - UK

Mercer; Lisboa; Hybrid; EUR 42,000 - 64,000; Full time

Job summary

Mercer in Lisbon is seeking a diligent actuary to join our Actuarial Valuations team in a hybrid role, requiring three days per week in the office. You will collaborate with experienced analysts and UK consultants on pension projects and valuations within the Pension Plans & Retirement area.

The position offers exposure to data gathering, valuation preparation, regulatory reporting, and project coordination, with a strong emphasis on accuracy, communication, and timely delivery.

Qualifications

• Bachelor/ Master’s degree in math, actuarial science, statistics, economics, finance or related field.
• Excellent written and spoken English communication skills.
• Attention to detail is critical.
• Strong problem solving skills & ability to clearly articulate complex issues.
• Excellent planning and organizational skills in order to prioritize and effectively manage a wide variety of ongoing tasks.
• Ability to build strong working relationships with colleagues and clients.
• Advanced Microsoft Office skills (in particular a strong working knowledge of Microsoft Excel, Word and PowerPoint).

Responsibilities

• Work as part of a team supporting consultants and clients in all aspects of pensions actuarial work.
• Request, gather, review and upload client data, and assist in the preparation of actuarial valuations, participant statements and/or client listings.
• Reconcile data and assets from previous valuations and prepare summaries of data, assets, and benefits defined in the plan documentation.
• Check data or plan questions related to valuations and benefit calculations done by more junior analysts.
• Calculate and analyze special retirement projects.
• Prepare government forms and regulatory documentation.
• Support your team on project management and problem resolution.
• Act as a key point of contact for technical and scheme-specific queries received from clients, third parties and other Mercer businesses.
• Ensure projects are delivered on-time and to the high standards required.

Skills

Professional English communication

Attention to detail

Strong problem solving

Planning and organization

Relationship building

Advanced MS Office (Excel, Word, Power

Education

Bachelor's or Master's in math, actuarial science, statistics, economics, finance or related field

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

We are seeking a talented individual to join our Actuarial Valuations team at Mercer. This role will be based in Lisbon. This is a hybrid role that has a requirement of working at least three days a week in the office.

As an actuary you will be an integral part of an exciting project, where we support our UK Wealth business.

You will be working together with experienced analysts and project managers in all aspects of the Pension Plans & Retirement area. Apart from the team based in Portugal, you will also work in a daily basis with the UK-based consultants.

We will count on you to:

• Work as part of a team supporting consultants and clients in all aspects of pensions actuarial work;
• Request, gather, review and upload client data, and assist in the preparation of actuarial valuations, participant statements and/or client listings;
• Reconcile data and assets from previous valuations and prepare summaries of data, assets, and benefits defined in the plan documentation;
• Check data or plan questions related to valuations and benefit calculations done by more junior analysts;
• Calculate and analyze special retirement projects;
• Prepare government forms and regulatory documentation;
• Support your team on project management and problem resolution;
• Act as a key point of contact for technical and scheme-specific queries received from clients, third parties and other Mercer businesses;
• Ensure projects are delivered on-time and to the high standards required.

What you need to have:

• Bachelor/ Master’s degree in math, actuarial science, statistics, economics, finance or related field;
• Excellent written and spoken English communication skills;
• Attention to detail is critical;
• Strong problem solving skills & ability to clearly articulate complex issues;
• Excellent planning and organizational skills in order to prioritize and effectively manage a wide variety of ongoing tasks;
• Ability to build strong working relationships with colleagues and clients;
• Advanced Microsoft Office skills (in particular a strong working knowledge of Microsoft Excel, Word and PowerPoint).

What makes you stand out:

• Actuarial pension related work experience;
• Strong analytical and project management skills;
• Proactive and goal oriented;
• Strive to achieve efficiencies in ongoing work.

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 creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, 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.

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.

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