Our university recruiting effort spans campuses across the UK, with opportunities in local offices across Mercer’s lines of business. We offer both summer internships and entry-level full-time analyst opportunities for actuarial and non-actuarial roles.
Actuarial analyst and consulting analyst opportunities in Government Human Services, Health, Wealth, Mercer Marketplace and Career are oriented toward students graduating in the current academic year from an undergraduate or master’s programme who have less than 18 months of relevant business experience.
As an actuarial analyst, you will:
- Work closely with senior consultants to design, finance, price and administer clients’ health and welfare programmes.
- Develop employee contribution strategies to meet employer cost objectives and help develop customised pricing and valuation models.
- Price medical and prescription drug plan designs using proprietary Mercer tools.
- Analyse vendor renewals and plan experience and estimate future plan costs.
- Develop basic underwriting and actuarial skills.
- Build an awareness of health care or retirement plan design, cost factors and the renewal process, as well as industry products, services and tools, including Mercer Health & Benefits or Retirement products, budget setting, rate setting, and evaluation.
Actuarial interns and analysts, in the US, have passed at least one exam and are working to obtain an ASA or FSA designation.
As a consulting analyst, you will:
- Help collect, analyse and interpret data for reporting to the client.
- Help write and structure client communications, including proposals, reports, spreadsheets, and presentations.
- Gain a solid practical and analytical groundwork of the business and industry.
These positions are available in all of our Health, Wealth and Career businesses.
Associate positions are targeted at students graduating from an MBA or master’s programme in the current academic year who have three to five years of relevant business experience. Currently, only our Career business recruits on-campus.
In this position, you will work with a broad range of clients and industries in a stimulating environment, participating as an integral member of project teams to diagnose issues and design strategic solutions that support clients’ success. A Career Associate collaborates with colleagues on numerous and varied projects in a learning-oriented environment and contributes to projects in multiple practice areas.
In addition, a Career Associate can expect to:
- Serve as a project manager in collaboration with senior consultants, helping to determine project direction and strategy, developing project timelines and budgets, and managing members on project teams for client and research projects.
- Write and structure client presentations and communications, including recommendations presented to boards of directors, executives, senior management, and HR leaders.
- Engage with clients as a day-to-day point of contact and as a participant in meetings and presentations.
- Interpret and draw meaningful conclusions from research and analysis conducted by analysts on industry and organisation-specific issues, including business strategy, corporate performance, compensation and rewards practices and trends, global expansion, and best practices in talent management.
- Collaborate with senior consultants to develop data-driven solutions across the various practices.
- Develop communications to engage and inform organisation workforce.
In your work across the practices, you will also develop project management, consulting, and communications skills through learning on projects that may include the following:
- Rewards: Design of compensation and benefits philosophy/programs and performance measurement frameworks for executives and the broader workforce population.
- Leadership & Organisational Performance: Development of organisation structure, career architectures and competencies, performance management systems, leadership assessments, and succession plans.
- Workforce Analytics & Planning: Sophisticated and complex analysis of workforce preferences and behaviors as they relate to organizational objectives, the workforce of the future, big data and workforce dashboards, employee engagement, and strategy.
- Communications: Assessment of stakeholder audiences and development of communication strategy and deliverables for large-scale initiatives in new or changing organisations.
- Mobility: Recommendations to global multinational companies for cost-effective and market-appropriate compensation packages as they place their employees in countries across the world.
What to Expect from a Career at Mercer
Simply put, we come to work because we want to make a difference in people’s lives. Join our Mercer family and start your own tomorrow, today.