Pensions Actuarial Consultant - Nationwide
We are looking for Pensions Actuarial Consultants to join our team and help provide high quality support and advice to our clients to make sure their scheme members receive their benefits as planned.
As a Pensions Actuarial Consultant, you will be working in a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes. You will also have the opportunity to work with colleagues across funding, investment, risk transfer and covenant to bring the best solutions to our clients.
We will count on you to:
Lead client meetings and presentations
Provide an informed view on current topics based on client circumstances, and tailoring advice as appropriate
Utilise strong technical actuarial skills used to consult with clients on technical topics
Communicate with clients in a clear and succinct manner
Act as final technical reviewer for actuarial calculations
Agree the strategy, direction and resourcing for client work
Perform supervision, appraisals and act as a mentor for employees under supervision (if applicable) or informally via feedback on client work
Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets
What you need to have:
Fully qualified Actuary/ nearing qualification
Excellent communication skills, strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions
Ability to manage projects, including distribution of work to junior colleagues
A good understanding of a range of ways in which UK pension schemes operate
What makes you stand out:
Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role
Excellent communication skills
Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills
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.
Skills Required
- Fully qualified Actuary/nearing qualification
- Excellent communication skills
- Strong analytical, numerical and critical thinking skills
- Ability to manage projects and distribute work
- Good understanding of UK pension scheme operations
- Significant experience with trustees or corporates on DB pensions
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.








