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Actuarial Consultant - GMP Equalisation and Project ; Nationwide

Job in City of Edinburgh, Edinburgh, City of Edinburgh Area, EH1, Scotland, UK
Listing for: Mercer
Full Time position
Listed on 2026-02-18
Job specializations:
  • Finance & Banking
    Actuary, Risk Manager/Analyst
Job Description & How to Apply Below
Position: Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)
Location: City of Edinburgh

Actuarial Consultant - GMP Equalisation and Project Work (Nationwide)

Mercer Edinburgh, Scotland, United Kingdom

Overview

Join Mercer as an Actuarial Consultant focused on GMP rectification and equalisation, with opportunities for part-qualified or qualified actuaries. Provide technical expertise and support to the UK Retirement market, and engage in actuarial project work across pension initiatives.

We will count on you to:
  • Collaborate and lead within a multi-disciplinary team on complex defined benefit modelling, specialising in UK pension solutions
  • Quality Assurance: check and review complex calculations, ensuring accuracy and clear communication of results to consultants and wider support teams
  • Drive Improvement: contribute to continuous improvement by developing and delivering knowledge-sharing initiatives, training sessions, and coordinating new process rollouts across locations
  • Build Relationships: partner with internal teams to deliver seamless service across Mercer lines of business
  • Support and Develop: support junior colleagues through performance reviews, training, and development plans
  • Client Engagement: engage directly with clients on actuarial projects to enhance professional experience
  • Project Involvement: participate in actuarial projects including pension valuations, risk assessments, and benefit design initiatives
  • Team Leadership: lead in team meetings to discuss progress and address challenges in GMP rectification, equalisation, and other actuarial projects
What you need to have
  • 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 with a solid grasp of pension actuarial approaches
  • People management skills
What makes you stand out
  • Previous experience in a similar actuarial role within Pensions, with exposure to consultants and client support teams
Why join our team
  • Professional development opportunities, interesting work, and supportive leadership
  • Inclusive culture with collaboration on innovative solutions for colleagues and clients
  • Career opportunities, benefits, and rewards to enhance well-being

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their objectives across 130 countries. Marsh McLennan companies include Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit  We are an equal opportunities employer and provide reasonable adjustments in accordance with applicable law. If you have a disability that may require adjustments, please contact rea

Marsh McLennan is committed to hybrid work, with flexibility to work remotely and in-office collaboration. All colleagues are expected to be in their local office or onsite with clients at least three days per week.

R_304507

Seniority level
  • Not Applicable
Employment type
  • Full-time
Job function
  • Finance and Sales
  • Industries:
    Insurance and Business Consulting and Services

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