Actuarial Consultant – GMP Equalisation & Pensions

Overview

In this role you will provide technical actuarial expertise in GMP rectification and equalisation within Mercer’s UK Retirement team. You will collaborate with a multi-disciplinary group on complex defined benefit modelling and client projects, while ensuring accuracy through QA of calculations. You will drive process improvements, share knowledge, and support junior colleagues and clients. You’ll engage directly with clients on actuarial projects and contribute to a range of pension-related initiatives. This position offers professional growth in a supportive, inclusive environment with opportunities to lead and shape solutions.

Pay / Benefits

• professional development opportunities
• supportive leaders
• vibrant and inclusive culture
• career opportunities
• hybrid work model
• well-being benefits

Responsibilities

• Collaborate and lead on complex defined benefit modelling for UK pension solutions
• Quality assurance of complex calculations and clear communication of results
• Drive continuous improvement through knowledge-sharing, training, and process rollouts
• Build relationships with internal teams to deliver seamless service across Mercer
• Support development of junior colleagues, including performance reviews and training
• Engage directly with clients to develop consulting skills on various actuarial projects
• Participate in actuarial projects such as pension valuations, risk assessments, and benefit design
• Lead team discussions in GMP rectification and related actuarial initiatives

Key requirements

• Qualified or part-qualified actuary
• Extensive experience in actuarial technical calculations
• Strong understanding of UK Defined Benefit pension schemes and benefit calculations
• Excellent analytical, numerical, and critical thinking skills
• People management skills

• leadership
• communication
• collaboration
• actuarial modelling
• GMP rectification and equalisation
• UK Defined Benefit pension schemes

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