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Mercer is the largest employer of actuaries
in the world. Added value underpins our advice. At Mercer, we
aim to remove the mystery that surrounds the process of actuarial
valuations. Our actuaries see themselves as financial advisors
and we pride ourselves as being partners with pension plan sponsors,
employers, insurers and other financial institutions.
We believe that a traditional actuarial investigation
where the process is condensed into a single recommendation
is often too simplistic a solution for our clients. Mercer consultants
approach it differently. Where appropriate we create a complete
financial model of the actual operation of any employee benefit
scheme, line of insurance business or other businesses that
involve long term financial commitments. The results are then
presented to our clients in a simple, clear and concise manner
to comprehensively outline the financial implications of solutions
we recommend.
Actuarial expertise is increasingly sought beyond
the traditional areas of pension funds, institutional investment,
life and general insurance. At Mercer, our Risk, Finance and
Insurance (RFI) practice provides clients with advise and solutions
related to long term financial issues. Our actuaries have experience
in applying these skills to issue involving pricing, demographic
trends, project financing and long term financial modeling.
Together, with the expertise of RFI practices in our major offices
globally, we are optimally poised to complement out local resources
to give you a solution second to none.
Visual
MARS
Due to Mercer's commitment to innovation and the
efficient use of technology we have developed an actuarial valuation
system know as Visual MARS (Mercer Actuarial Review System)
for the evaluation of all pension liabilities. Once our client's
retirement scheme is installed on Visual MARS, our actuaries
can investigate "what if" questions such as:
- What if I am forced to dramatically increase salaries in
the short term?
- What if turnover increases by 50% next year?
- What happens if investment markets drop by 30% next year?
- Can I budget for lower contributions next year?
All of these questions can be investigated during a meeting with
one of our actuaries. Graphical projections of the solvency and
funding of a retirement scheme can be produced almost immediately
on the actuary's notebook computer.
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