Job descriptionMercer is looking for talented and ambitious analysts who are keen to further their career, focused on technical delivery of GMP Rectification projects that sit within the rapidly growing area of GMP Equalisation. This is an opportunity to join a great multi-disciplinary team supporting client teams in the delivery of projects to rectify and implement GMP changes. We are looking for individuals with excellent technical and excel skills alongside strong communication skills, adaptability and organisational skills. You will be working as part of a team to deliver GMP projects to clients (trustee and corporate). This role would be suitable for someone with excellent knowledge of UK Defined Benefit Pensions, alongside a strong understanding of Excel. What can you expect? Being involved in GMP Rectification will provide you with insight into data management, support technical development of benefit calculations and provide early career opportunities to present reports to stakeholders. Career development opportunities exist to complete other parts of the GMP Project work. What is in it for you? Good work life balance with a competitive salary Comprehensive benefits programs including: excellent pension contributions, private health insurance, pension, employee assistance program, career mobility, employee network groups, volunteer opportunities, and other programs 25 days’ holiday with the option to buy or sell up to 5 days per year We will count on you to: GMP Rectification builds on the GMP reconciliation work that will have already been completed. Any differences between HMRC data and Scheme data will need to be corrected in line with the approach agreed between Mercer and the client. This will require: analysis of complex data to understand if the required data is readily available; working with stakeholders either to make assumptions on missing data or to fill the data gaps; once the data is complete the relevant calculations need to be undertaken using standard tools and processes to establish the correct benefits and any under / over payments due to be made to members; Communicating the results with stakeholders, including consultants and colleagues completing GMP calculations. Implementation of the changes required Support and assist with Managerial responsibilities as requested including M.I generation and People Management support. We will also require you to: Manage administrative and case management issues as well as data processing activities on a daily basis. Monitor project schedules to ensure timelines and deliverables are met; notify project manager or client if timelines are in jeopardy. Test and analyze pension data and systems during implementation and administration. Manage client data using variety of technical tools and resources. Manage client requests and processes. What you need to have: Significant technical experience of working in UK Defined Benefit pensions, calculation of retirement benefits and interaction of GMP within a Defined Benefit pension calculation. Significant experience of managing large data sets in Excel and experience of completing analysis work accurately. Experience of communicating technical issues relating to DB Benefit Calculations with Consultants and colleagues. Experience of producing bespoke Client reports, and the ability to prepare Client reports using available templates A willingness to learn new skills and be adaptable in a changing environment. Experience of reviewing / checking work completed by colleagues. What makes you stand out: Experience in a similar, large corporate environment Experience in a People Management support role or Mentoring experience beneficial, but not essential. Mercer provides insights, advice and technology-driven solutions to help build brighter futures for our clients, colleagues and communities. Together, we’re redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 44 countries, and the firm operates in over 130 countries. Mercer is a business of Marsh & McLennan Companies (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annualized revenue approaching $17 billion. Through its market-leading businesses, including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment.
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