Senior Retirement Actuarial Associate

Role Overview

Senior Retirement Actuarial Associate at Mercer (part of Marsh McLennan), based in the UAE. This is a hybrid role requiring at least three days per week in the office.

Company Overview

Mercer is part of Marsh McLennan, a global leader in risk, reinsurance and capital, people and investments, and management consulting. Marsh advises clients in 130 countries, has annual revenue of over $27 billion, and employs more than 95,000 colleagues.

Role Purpose

Deliver actuarial consulting expertise on pension and retirement benefits to institutional clients. Work closely with pension fund sponsors and plan administrators to provide technical analysis, strategic recommendations, and practical solutions that address complex retirement challenges while supporting business growth.

Key Responsibilities

Actuarial Analysis & Valuations

• Lead and support actuarial consulting engagements related to pension and retirement benefits
• Provide actuarial analysis, valuation support, and strategic recommendations for pension funds and retirement plans
• Perform calculations and analysis for special retirement projects, including assumption studies, plan design studies, plan terminations, early retirement window studies, post-retirement medical, and acquisition studies
• Stay current on actuarial, pension, and retirement industry developments and regulatory changes

Client Management

• Work closely with clients to deliver high-quality advice and lead client meetings
• Partner with institutional pension clients to understand and address their retirement challenges
• Manage project timelines while ensuring accuracy, quality, and client satisfaction
• Support business development efforts and contribute to client relationship growth

Deliverables & Collaboration

• Contribute to the preparation and review of actuarial reports, presentations, and client deliverables
• Collaborate with internal teams across consulting, risk, and retirement disciplines

Qualifications & Experience

• Actuarial degree at bachelor's or master's level
• Professional actuarial qualification or progress toward qualification (SOA / IFoA)
• At least 7+ years of experience working as a pension actuary or with a pension fund
• Strong knowledge of pension and retirement practices
• Arabic speaking ability is required
• Experience advising institutional pension clients or retirement plan sponsors
• Familiarity with actuarial modelling, valuations, and pension assumptions
• Exposure to regional or international retirement consulting environments

Skills & Competencies

• Strong analytical skills
• Strong communication and presentation skills
• Strong client-facing skills
• Stakeholder-management skills
• Ability to work independently and manage multiple priorities in a fast-paced environment

Additional Information

• Marsh is committed to hybrid work, which includes flexibility to work remotely and collaboration benefits of working together in the office
• All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week
• Office-based teams will identify at least one anchor day per week on which their full team will be together in person
• Professional development opportunities and supportive leadership
• Vibrant and inclusive culture with access to talented colleagues
• Scale enables a range of career opportunities, benefits, and rewards to enhance well-being
• Marsh is committed to embracing a diverse, inclusive, and flexible work environment and aims to attract and retain the best people regardless of age, background, disability, ethnic origin, family duties, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law