Graduate Actuarial Analyst

1 Month ago • All levels

Job Summary

Job Description

This position is for a Graduate Actuarial Analyst to join Mercer's UK GSD WA team, based in Belfast or Exeter. The role involves working within a team specializing in UK pension solutions, providing technical expertise, and supporting the UK Retirement market. Key responsibilities include defined benefit modeling, data analysis, client support, process improvement, and IT/product solution development. The role requires at least three days a week in the office. The company provides training, development plans, and study support.
Must have:
  • Degree in a numerical or semi-numerical field.
  • Self-motivated and eager to learn.
  • Analytical and critical thinking skills.
  • Strong IT skills, especially Excel.
  • Legal authorization to work in the UK.
Good to have:
  • Keen interest in building a technical career in the UK pension industry.
  • Understanding of how UK pension schemes operate.

Job Details

Company:

Mercer

Description:

We are currently looking for a talented and ambitious Graduate Actuarial Analyst who is keen to develop their career by joining our UK GSD WA team. It’s a great time to join our growing business and you will have the opportunity to work alongside the best and brightest in the industry. 

If you’re a problem solver, team player, strong communicator and keen to develop a technical career within an actuarial role, we want you on our team!

This role will be based in either Belfast or Exeter and is a hybrid role that has a requirement of working at least three days a week in the office.

What can you expect?

  • You will be working as part of an established centre of excellence spanning 3 UK locations, with over 120 colleagues and an average of 20 years’ experience in the UK pension industry.
  • You will have the opportunity fulfil a fundamental role specialising in a wide range of retirement solutions and providing technical expertise and support to our UK Retirement market.
  • As we continue to grow and enhance our workforce of the future, we are providing a continuously evolving and tailored range of services, giving individuals the opportunity to learn and develop their skills with support both now, and into the future.
  • Mercer will provide a full training and development plan as well as full-study support for any applicable exams as you build your career.

We will count on you to:

  • Work as part of a team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK pension solutions
  • Provide detailed analysis of pension membership data, preparation of valuation data and data reconciliation
  • Provide support to the UK consulting business covering end-to-end actuarial services and basic client management
  • Contribute to continuous improvement by creating new ways of working through process design, implementation and optimisation
  • Develop expertise in excel, VBA and Mercer in house technology enabling high quality IT and product solution development
  • Working in partnership and developing relationships with internal teams to deliver a streamlined service to other lines of business within Mercer

What you need to have: 

  • Educated to degree level in a numerical or semi-numerical degree
  • Self-motivated, eagerness to learn and to keep up to date with the respective industry trends and market conditions
  • To be analytical, numerical and have critical thinking skills
  • Work as part of a team and within a collaborative environment
  • Have strong IT skills with good working knowledge of Microsoft office, in particular Excel
  • Legal authorisation to work in the UK on a permanent and ongoing basis.

What makes you stand out:

  • Keen interest in building a technical career in the UK pension industry 
  • Keen interest in financial markets and an understanding of how UK pension schemes operate

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.

#ukmerceractuarial

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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