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Marsh McLennan

Senior Actuarial Consultant - GMP Equalisation

Posted 7 Days Ago
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5 Locations
Senior level
5 Locations
Senior level
The Senior Actuarial Consultant will perform complex defined benefit modeling, check and review technical calculations, and provide training and knowledge sharing within the team. This role involves managing junior colleagues, engaging with clients, and enhancing service delivery for pension solutions.
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Senior Actuarial Consultant - GMP Equalisation (Nationwide)

Mercer is currently looking to grow our team by appointing talented and ambitious technical  part – qualified / qualified actuaries in an exciting and revenue generating role. This is an opportunity to join an established centre of excellence, specialising in a wide range of retirement solutions, providing technical expertise and support to our UK Retirement market. We are looking for strong team players with proven experience of checking and reviewing technical actuarial calculations, excellent communication skills and business acumen.

We will count on you to:

  • Work as part of a great multi-disciplinary team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK pension solutions

  • You will be responsible for checking and reviewing complex calculations, as well as communicating the results to consultants and wider support teams

  • Contribute to continuous improvement by developing and delivering knowledge sharing / training / process improvement initiatives and co-ordinate new process rollouts across locations

  • Working in partnership and developing relationships with internal teams to deliver a streamlined service to other lines of business within Mercer

  • Directly involved with the management of more junior colleagues within the GMP Equalisation team, including supporting with performance reviews, training and personal development plans

  • Develop skills to support on various consulting aspects of GMP projects and have direct client contact

What you need to have: 

  • Qualified or part qualified actuary

  • Experience of technical calculations required for GMP Rectification and Equalisation projects

  • A good understanding of how UK Defined Benefit pension schemes operate and experience in carrying out benefit calculations for Defined Benefit pension schemes

  • Excellent analytical, numerical, and critical thinking skills, including a good understanding of actuarial approaches for pensions

What makes you stand out: 

  • Experience working in a similar role within an Actuarial team, working in Pensions, with a focus on technical aspects and solid exposure to consultants and broader client support teams

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 $23 billion and more than 85,000 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 [email protected].

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.

Top Skills

Actuarial Skills

Marsh McLennan Belfast, Northern Ireland Office

Bedford House, 16-22 Bedford St, Belfast, United Kingdom, BT2 7DX

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