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Marsh McLennan

Senior Actuarial Consultant - GMP Equalisation - Nationwide

City of Edinburgh
Posted about 15 hours ago
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Company

Mercer

Description

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
  • 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
  • Work in partnership and develop 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

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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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 is a business of Marsh (NYSE: MRSH), 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 about Mercer, visit mercer.com, or follow us on LinkedIn and X.

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Marsh 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@marsh.com.

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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Skills

Actuarial Calculations
GMP Equalisation
Defined Benefit Modelling
Pension Solutions
Technical Review
Client Relationship Management
Team Leadership
Analytical Thinking
Numerical Analysis
Critical Thinking

Location

Leeds, England, United Kingdom

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