Cookies — it's your choice

At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. Some are necessary to help our website work properly and can't be switched off, and some are optional but support Bright Network in building and running the service that we provide to you.

Data we store

You can find out more in our privacy policy at any time by going to the link in our footer.

  1. Home
  2. Graduate Jobs
  3. Financial Services
  4. Mercer Actuarial Graduate Programme 2025
Lock Applications for this job are now closed
Closing soon

The UK Wealth business is seeking candidates for the following position based in our Edinburgh office:

Graduate Actuarial Analyst

Are you ready to kickstart your career in the world of actuarial consulting? Join Mercer as a Graduate Actuarial Analyst and embark on a journey that will shape your future and make a real difference for our clients and their employees. 

Mercer is a global consulting leader in Health, Wealth and Career and we’re proud to be at the forefront of industry change. Join us and you’ll have an opportunity to be a part of our innovative team, gain a range of experience and skills, and work alongside the best and brightest in the industry.

Working with our consulting team you’ll see how we support companies, trustee boards, and individuals in making informed decisions about their retirement plans, long-term savings, investment strategies, and risk management.

The world of retirement saving is changing.

At Mercer we are developing innovative solutions for our clients and their employees, including supporting them on the journey to their end game. This is your opportunity to be part of their journey. 

What can you expect?

  • A comprehensive development programme designed to fast track your career and enhance both your technical and consulting skills.
  • Exposure to a supportive and collaborative working environment.
  • The chance to work with a diverse range of clients in various industries, gaining invaluable experience and skills.
  • Our graduate actuarial role involves rotations in our analytical services team to give you a good technical grounding and base knowledge of the area you will be working in, preparing you for working with our consulting teams and supporting your career development.
  • You’ll be supported through the actuarial exams in order to become a qualified actuary.

What is in it for you?

  • The opportunity to be part of a large global organisation that is incredibly passionate about its work and cares for its clients across the world.
  • Excellent development opportunities, career mobility and advancement prospects, with exposure to working with some of the best professionals in the industry.
  • A focus on developing your analytical, consulting, and softer skills alongside a substantial and flexible study support package allowing you to gain a professional exam qualification.
  • A hybrid working model that promotes work-life balance, with a collaborative office environment three days a week and remote work for two days.
  • Competitive salary and benefits package including a generous annual leave allowance, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell holiday each year, cycle to work scheme, dental insurance, health assessments plus many more.

We will count on you to

  • You’ll work as part of a team supporting senior actuaries and consultants, primarily providing advice to defined benefit pension scheme trustees and corporate sponsors in areas as such as scheme funding, individual benefits, risk management and more.

  • You’ll help develop and deliver customised advice and solutions to clients, working alongside our investment colleagues to assist with designing strategies that help our clients manage pensions risk.

What you need to have

  • A minimum of a 2:1 degree or be on track to achieve this. If your degree discipline is not mathematics-based, a minimum of a grade A mathematics at A level (or equivalent) will be required.
  • English and Mathematics GCSE (Minimum Grade 4).
  • Right to Work in the UK (we are unable to provide Visa sponsorship for this role).

What makes you stand out?

  • Ability to think critically and problem solve a wide variety of issues; analytical skills, both quantitative and qualitative.
  • Ability to communicate effectively and develop strong working relationships; you also show initiative and enjoy working in a dynamic team environment.
  • Natural proactivity and organisational, presentational, and project management skills with good attention to detail; proficient in Excel, Word and PowerPoint.