Mercer Wealth Summer Internship Programme Edinburgh 2024

Mercer is a global consulting leader in Health, Wealth and Career. Join the UK Wealth team as a summer intern and discover how we support companies, trustee boards and individuals to make better and more informed decisions about their retirement plans, long-term savings, investment strategies and managing risk.

This is an 8 week paid internship providing penultimate year students with an accelerated foundation to their career. It’s a challenging and rewarding programme where you will be working on real projects with real clients. During the internship, you will receive an introduction to consulting – your development and growth is important to us here at Mercer.

If you want to tackle new challenges, develop a breadth of skills, be a part of a growing business and have fun at the same time, read on. If you are successful on the internship, we will look to offer you a position on our 2025 graduate programme.

Completing a specialist internship with us will give you the opportunity to learn and gain valuable insights to support the development of your future career. We have positions available in several practice areas – Actuarial, Governance & Pensions Management, Defined Contribution Pension and Investments.

What can you expect?

Actuarial Intern

For many companies, their pensions arrangements can represent a significant financial risk. Our Actuarial team provides advice to defined benefit pension scheme trustees and corporate sponsors in areas such as scheme funding, individual benefits, risk management and more.

Our key aim as trusted advisors is to communicate complex analysis in simple terms for our clients to make well-informed decisions on their pensions issues. Your role in the team will be to support analysts and consultants with this work, while building up your own knowledge about financial markets and the pensions industry.

Governance & Pensions Management Intern

Our Governance and Pensions Management team works with trustee clients to ensure their pension schemes are run effectively. Your role in the team will be to support consultants and analysts to deliver an exemplary service to clients, liaising with internal and external stakeholders as required.

You will have the opportunity to get involved in all aspects of client delivery, including trustee meetings, project management, relationship building and more. You will gain an insight into the day-to-day running of a pension scheme whilst developing your communication and organisational skills.

Defined Contribution Pension Intern

Our Defined Contribution team provides specialist advice to pension clients in areas such as designing new investment strategies and monitoring the performance of that strategy, helping clients navigate the complex governance requirements, in particular those faced by trustee boards, as well as helping companies design pension plans that deliver great outcomes for their employees.

This is an opportunity to support and learn from the largest group of DC experts in the UK and in a dynamic and growing area of pension provision.

Investments Intern

Our Investments business provides tools, advice and delegated solutions to the trustees of pension schemes as well as other assets owners such as endowments, foundations, family offices and insurers. We undertake projects ranging from investment strategy reviews, performance and risk monitoring, asset transition, portfolio management and sustainable investing. The team enjoys an industry leading position and has been at the cutting edge of innovation in rolling out new tools and services, most recently in the area of responsible investment.

Your role in the team will be to support analysts and consultants, while building up your own knowledge about the industry.

What will you be rewarded with?

• Competitive salary
• Excellent development opportunities.
• Client exposure, across a variety of disciplines, at an early stage.
• Learn every day throughout your internship from a range of experienced professionals and industry leaders.
• Share your experiences and build a network with other interns.
• Being able to challenge yourself on a daily basis.
• Opportunity to make an impact – we work with major organisations and our work impacts millions of people every day.
• Enhanced focus on consulting and analytical skills.
• Open, positive culture where diversity is valued and celebrated.
• Potential to secure a full time role ready for you to start in 2025 , giving you more time to focus on and get the most out of your final year of university study.

What you need to have

• You should be a penultimate year student and expected to achieve a minimum 2:1 degree classification.
• Actuarial internships: If your degree discipline is not mathematics-based, you should have a minimum of a grade A mathematics at A level (or equivalent).
• Right to Work in the UK (we are unable to provide Visa sponsorship for this role).

What makes you stand out

• Intellectual curiosity; seeking opportunities to develop new skills.
• Analytical skills, both quantitative and qualitative.
• Effective listening skills and excellent communication skills with strong attention to detail.
• Ability to work within a team environment, share ideas and present persuasive arguments.
• Natural proactivity, excellent planning and organisational skills in order to prioritise and effectively manage a wide variety of ongoing tasks.
• Working knowledge of Microsoft Office — Word, Excel, and PowerPoint.

About Mercer

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 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 $20 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 Twitter.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at TAUK@mmc.com

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan 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.