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Actuarial Specialist, Pension Administration

  • Full Time, onsite
  • Marsh & Mclennan Companies
  • On Site, United States of America
Salary undisclosed

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If you like the idea of helping clients achieve financial security, excel at providing high-level analysis, and have an eye for detail in reviewing client deliverables, our Actuarial Retirement Specialist role might be right for you. This role can be performed remotely.

Actuarial Retirement Specialist, Pension Administration

What can you expect?

The purpose of this position is to provide technical leadership and day to day direction and guidance to technical staff. Responsibilities include providing detailed checking of actuarial valuations, management of a client book of business, and coaching and mentoring analysts. The position is involved in numerous competing client projects that require delivering accurate results on time and within budget to internal Consultants. This position has responsibility for the completion of projects for both pension and OPEB plans.

What's in it for you?
  • Work for a global company with excellent benefits and a dynamic culture
  • Excellent growth/advancement opportunity
  • Work with collaborative, intelligent, solutions-focused colleagues who truly care about the work, and each other, while maintaining work-life balance

We will count on you to:
  • Review and validate annual client liabilities produced by Mercer's proprietary systems
  • Review and validate reports of final funding and accounting results for pension and health plans, and provide detailed analysis of results
  • Review and escalate data or plan questions based on client requirements
  • Review and assist in submission of required governmental reporting for pension plans
  • Scope, review and provide detailed analysis in client situations of plan design changes, changes in benefit formula or assumptions and other special projects
  • Provide guidance and technical leadership to analysts through valuation work and special projects to deliver results on time and within budget
  • Partner with consulting teams across the country to provide superior service to Mercer's clients

What you need to have:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
  • 5+ years actuarial work experience
  • Experience working with multiple client teams with competing projects and rapidly changing priorities
  • Strong interpersonal, verbal and written skills
  • Demonstrated ability to guide junior staff
  • Superior proficiency in Microsoft Excel

What makes you stand out:
  • ASA or EA designation
  • Defined Benefits and or Post Retirement Medical experience


This position will be accepting applications through October 25, 2024.

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

The applicable base salary range for this role is $68,400 to $136,800.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Applications will be accepted until: October 25, 2024
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
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