Employer Mercer
Job title Actuarial Trainee
Closing date 01/05/2010
No of posts 2
Job categories Finance
Insurance and Pensions
Paid / unpaid Paid
Salary Competitive
Job description Graduates will work as part of a team supporting more experienced consultants in all areas of pensions consulting work for both corporate and trustee clients.
Through our structured development programme and on the job training you will be supported, coached and developed into an actuarial retirement consultant with ultimately your own portfolio of clients.
As your career progresses there will be a range of career paths available allowing you to focus on your strengths and interests; these include:
becoming a scheme actuary responsible for the actuarial work associated with the pension arrangements of a portfolio of clients;
becoming a general consultant and overall relationship manager for a portfolio of clients, with a broad knowledge of the different issues affecting retirement provision such as legislative requirements, governance, investment and international issues;
becoming a specialist in a particular area, for example core actuarial work, financial management, pension plan buyouts or actuarial valuations;
Specific duties will include:
Graduates completing the actuarial exams will perform calculations to support corporate, trustee and individual decision making around retirement choices and pension scheme management;
Developing and applying relevant legislation knowledge to client issues;
Effective communication to external and internal clients in a non technical manner;
Developing understanding of client needs in order to be able to deliver high standards of client service;
As part of a team, contributing to client delivery on a diverse range of clients, both corporate and trustee;
Performing in accordance with financial targets and standards; time recording, budget monitoring, billing and all other aspects of financial management;
Working in partnership and developing relationships with internal teams, across businesses and with clients;
Developing coaching and delegation skills.
Company Information As a leading global provider of consulting, outsourcing and investment services, we know that when one thing changes, a multitude of changes start to flow. That's why we've made it our business to stay one step ahead of the latest developments in the world of work in order to deliver lasting improvement and advantage to more than 25,000 clients worldwide.
In the UK alone, our 3,000-strong team provides expert guidance to over 60% of FTSE 100 companies on everything from salaries, rewards and benefits to pension schemes and stock market investments. By dealing with issues such as emerging skills shortages, increased life expectancy and the challenges of globalisation, we are helping many of the world's largest corporations to control costs, manage risk, drive revenue growth and engage with employees. We're literally changing the way the world works.
Skills and Qualifications Qualifications
The requirements for the role are a minimum of 320 UCAS points obtained in 3 subjects including A level Maths at a minimum of grade B, with a 2:1 honours degree in a numerical or semi numerical degree.
Skills and Knowledge
An interest in pensions and financial markets
A strong customer service focus and desire to work with clients to help them achieve their objectives
Ability to work in a team with rapidly changing priorities and demands
Excellent interpersonal and relationship building skills
Strong oral and written communication skills
Strong numerical, analytical and problem solving skills with the ability to assimilate data, review and solve client issues
An ability to work to tight deadlines
Ability to balance work, study and personal life effectively
How to apply If you are interested in a position with Mercer, please visit our website
uk.mercer.com/graduatecareers and apply online.
Subject(s) Business, Finance, Management and Accountancy
Computer Science and Related
Engineering - Chemical, Process and Food
Engineering - Civil and Environmental
Engineering - Electronic, Electrical
Engineering - Industrial, Mechanical, Manufacturing
Mathematical Sciences
Social Sciences and Economics
Any Numerate Subject
Location(s) West Midlands
Additional location details Birmingham
Full-time/part-time Full-time
Permanent/Temporary Permanent
Start date Now, Autumn