Graduate Actuarial Analyst

this graduate analyst role focuses on utilizing advanced actuarial skills and numerical modeling tools to analyze pension membership data, perform complex defined benefit calculations, and support the delivery of comprehensive retirement solutions.

We are currently looking for a talented and ambitious Graduate Actuarial Analyst who is keen to develop their career by joining our UK GSD Wealth Actuarial team based in Belfast or Exeter. It’s a great time to join our growing business and you will have the opportunity to work alongside the best and brightest in the industry. 

If you’re a problem solver, team player, strong communicator and keen to develop a technical career within an actuarial role, we want you on our team!

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.