The pension industry has never been more challenging than today. People are living and working longer, legislation is changing and the investment markets are more volatile than they’ve been for a generation.
At Mercer, we are recognised as an industry leader in this area, actively advising governments and other key organisations as well as developing new products in response to changes. As you might expect, our teams have the expertise to design defined benefit, defined contribution and hybrid plans that fit each organisation’s strategy, culture, budget and risk tolerance. More than that, we can help plan sponsors develop long-term strategies for taking pension risk off the table. We also have the resources to stay abreast of global trends in retirement provision and examine what this means for multinational employers. The result is a dynamic and rapidly evolving environment in which we apply integrated thinking to solve the retirement challenges of today and tomorrow.
Retirement has never been more interesting. At a time when traditional defined benefit pension schemes are increasingly giving way to defined contribution pension schemes, you’ll deal with changing legislation, funding levels and priorities while staying focused on the best interests of your client.
Actuarial Trainees advise companies and trustees on the design, funding, administration and communication of retirement plans. You’ll help manage benefit plan-related risks too, working alongside experienced consultants to deliver innovative solutions. As you might expect, you will study for the Actuarial qualification.
Trainee Consultants (Retirement) work alongside the Actuarial Trainees to deliver advice on all aspects of retirement plans. You’ll learn the intricacies of corporate pension schemes and communicate these to clients in a jargon-free manner. You will study for the Advanced Diploma in Retirement Provision, making you an Associate of the Pensions Management Institute.
Retirement Analysts work as part of our specialist Retirement Service Centre in Belfast, producing actuarial valuations and data for our clients. Liaising with the client teams, you will need to manage expectations and priorities.