Actuarial Calculation Lead and Manager - GMP Equalisation - Based in any of our UK/I offices (Hybrid)


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..

Mercerprovides insights, advice and technology-driven solutions to help build brighter futures for our clients, colleagues, and communities. Together, we are re redefining the world of work, reshaping retirement, and investment outcomes, and unlocking real health and well-being.
The role will form part of the projects team with the current focus being around delivering GMP Equalisation projects on the Mercer propositionto our clients, whichcan incorporate or lead onto being involved in de-risking projects for our clients over time. This is an opportunity to fulfil a fundamental role in providing pension solutions across our wide range of services. 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.
This role would be suitable for someone who already has experience working on DB pensions within an actuarial role. In addition, Mercer provides full-study support for students undertaking any applicable examinations.


What can you expect?

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.
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.
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 is in it for you:

Exceptional training and development opportunities.
Challenging yet friendly and diverse work environment.
Competitive salary and highly flexible working practices including remote working
We will fund a number, of different professional study pathways including the Actuarial exams and other relevant personal and professional exams.
Exposure to a wide range of services with an abundance of career enhancing opportunities.
25 days holiday with the option to buy/sell 5 days additional leave.
Highly competitive benefits package including pension scheme, private medical insurance, income protection and options including discounted gym memberships, travel insurance, childcare, and retail vouchers and much more.


What you need to have:

Educated to degree level in a numerical or semi-numerical degree.
Qualified or part qualified actuary.
A strong understanding of how UK Defined Benefit pension schemes operate and experience in carrying out benefit calculations for Defined Benefit pension schemes.
Strong analytical, numerical, and critical thinking skills, including a good understanding of actuarial approaches for pensions.
Ability to work as part of a team and within a collaborative environment.
Excellent written and verbal communication skills.
Exceptional attention to detail ensuring quality and delivery in line with deadlines.
Strong IT skills with good working knowledge of Microsoft office, in particular Excel.


What will make 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.
Experience of technical calculations required for GMP Rectification and Equalisation projects.


Why Mercer?

Mercer is a global consulting leader helping clients around the world redefine the world of work, reshape retirement and investment outcomes, and unlock real health and well-being for their people. We want to make a difference in peoples lives.
Building brighter futures for our clients, colleagues and communities is why we come to work each day. Whether its building a more agile workforce for the future, uncovering the new opportunities AI and automation present, or crafting strategies for responsible investments, we use our expertise and insight to show our clients the bigger picture, giving them trusted guidance and practical, sustainable solutions that help them solve complex problems and prepare for change.
As a Mercer colleague, youre supported by a community of peers and leaders who inspire you to learn, grow and advance in a culture that values your unique strengths. We strive to make Mercer the employer of choice for the best and brightest diverse talent, fostering an inclusive work environment where employees from varied backgrounds, cultures and ethnicities can thrive. As part of our commitment to shaping the future, we bring our whole selves to our work our colleagues, as well as our clients, are celebrated and appreciated for who they are. Our goal is to make sure everyone has a voice.
We believe that the future of work is agile and our world leading All Roles Can Flex philosophy promotes a culture of results and performance and at Mercer we encourage flexibility in all aspects of our work arrangements, including working hours and location.
Our people are our business thats one of the reasons we value our colleagues personal learning and improvement so highly. We also want colleagues to see Mercer as a place where they can develop their skills and plan their career in the long term. For this reason, Mercer offers many opportunities to develop our colleagues careers, including hundreds of online and in-person seminars, courses, certification programs and training sessions. Mercer also provides tuition reimbursement and other support, such as study days, to colleagues who are completing qualifications or certifications.


About us:

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercers more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh & McLennan (NYSE: MMC), the worlds leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, (link removed)/.Follow Mercer on Twitter @Mercer.
We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. Learn more about our foundational values, mission and vision for the future by reviewing our Greater Good Policy.