Consultant – UK Pensions Market

1 Month ago • All levels

Job Summary

Job Description

Mercer is seeking a talented individual to join their Actuarial Global Service Delivery Team in Lisbon as a Consultant for the UK Pensions market. This hybrid role requires at least three days a week in the office. The position involves supporting existing UK Wealth client teams, providing advice and consulting on defined benefit pension schemes for trustees and corporate sponsors. Responsibilities include handling client queries, project management, client communication, drafting correspondence, preparing meeting materials, calculating and analyzing retirement projects, performing actuarial modeling, and liaising with other Mercer business areas for streamlined service delivery. The role is suitable for individuals with a numerical degree and an interest in actuarial work.
Must have:
  • Bachelor/Master’s degree in math, actuarial science, statistics, economics, finance or related field.
  • Excellent written and spoken English communication skills (C1/C2).
  • Excellent planning and organizational skills.
  • Ability to build strong working relationships with colleagues and clients.
  • Comfortable dealing with client contacts.
  • Advanced Microsoft Office skills.

Job Details

Company:

Mercer

Description:

We are seeking a talented individual to join our Actuarial Global Service Delivery 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.

The Actuarial Global Service Delivery Team in Portugal is structured to act as part of the existing UK Wealth client teams, so that you are given opportunities to deliver advice and consult with a range of clients and projects.

This is an opportunity to join a great multi-disciplinary team based in Lisbon supporting senior actuaries and consultants, primarily providing advice to defined benefit pension scheme trustees and corporate sponsors in areas as such as scheme funding, individual benefits, risk management and more.

The world of retirement saving is changing and Mercer is developing innovative solutions for our clients and their employees, including supporting them on the journey to their end game.  This is your opportunity to be part of their journey.

This role would be suitable for someone with a numerical degree who has an interest in building a technical career within an actuarial role. 

We will count on you to:

  • Deal with routine queries received from clients, scheme members, third parties and other Mercer businesses.
  • Carry out consulting support work including, project management, day-to-day client contact, problem resolution, drafting correspondence to clients on a range of consulting issues, preparing agendas, papers and minutes for trustee’s meetings.
  • Attends and participates in client meetings with consultant.
  • Calculate and analyze special retirement projects.
  • Undertake actuarial modelling, spreadsheet modelling and calculations, including valuations, individual calculations, regular updates, actuarial factors and accounting work.
  • Liaise with other Mercer business areas to deliver a streamlined service to clients;
  • Be involved in ad-hoc project work as required, for example, risk management exercises, redundancy projects, etc..

What you need to have:

  • Bachelor/ Master’s degree in math, actuarial science, statistics, economics, finance or related field.
  • UK actuarial pension related work experience is a plus.
  • Excellent written and spoken English communication skills (C1/C2).
  • 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.
  • Comfortable dealing with clients contacts.
  • Advanced Microsoft Office 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 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 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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