This is a hybrid role that has a requirement of working a minimum of 3 days a week in the office.
The role: Graduate Actuarial Analyst
You will be working as part of an established centre of excellence, spanning three UK locations and comprising over 120 experienced colleagues with an average of 20 years in the UK pension industry. In this role, you will play a key part in delivering a broad range of retirement solutions, offering your technical expertise and support to our UK Retirement market. This is a fantastic opportunity to contribute to a well-respected team and make a meaningful impact in the retirement sector.
As we continue to grow and shape the workforce of the future, we offer a dynamic and evolving range of services designed to help you learn, develop, and advance your skills. Mercer is committed to your professional growth, providing a comprehensive training and development plan along with full study support for relevant exams. Build your career with us and benefit from ongoing support both now and into the future.
We will rely on you to:
Work as part of a team on complex defined benefit modelling using advanced actuarial skills and techniques, specialising in complex UK and European 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.
#hybrid
Skills Required
- Educated to degree level in a numerical or semi-numerical degree
- Strong IT skills with good working knowledge of Microsoft Office, particularly Excel
- Self-motivated with a keen interest in the UK pension industry
- Analytical and numerical skills with critical thinking ability
- Legal authorization to work in the UK on a permanent basis
Marsh McLennan Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.
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Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
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Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
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Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.
Marsh McLennan Insights
What We Do
Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.
