Senior Pensions Actuarial Consultant

1 Month ago • All levels

Job Summary

Job Description

The Senior Pensions Actuarial Consultant will provide high-quality support and advice to clients, ensuring their scheme members receive their benefits. Key responsibilities include leading client meetings, providing informed views on current topics, utilizing technical actuarial skills for client consultation, and acting as a technical reviewer. The consultant will also manage projects, supervise junior colleagues, and participate in fee negotiations. The role involves working with trustees and corporates, focusing on DB pension schemes. The successful candidate will need strong communication, analytical, and project management skills. This role offers professional development opportunities and a vibrant, inclusive culture.
Must have:
  • Fully qualified Actuary or nearing qualification
  • Excellent communication skills
  • Strong analytical and critical thinking
  • Ability to manage projects
  • Good understanding of UK pension schemes
Good to have:
  • Significant experience with DB pensions within an actuarial consultancy role
  • Excellent communication skills
  • Demonstrated business acumen
Perks:
  • Professional development opportunities
  • Interesting work
  • Supportive leaders
  • Inclusive culture

Job Details

Company:

Mercer

Description:

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

We are looking for a Senior Pensions Actuarial Consultant 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.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan 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 reasonableaccommodations@mmc.com.

Marsh McLennan 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 McLennan 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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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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