A sealing device for a jet pump of a boiling water reactor is provided. The jet pump includes an inlet mixer and a diffuser receiving the inlet mixer at a slip joint such that an outer circumferential surface of the inlet mixer is received in an inner circumferential surface of the diffuser at the slip joint. The diffuser includes a plurality of guiding fins, each guiding fin including a radially inner surface, a radially outer surface and lateral surfaces extending radially between the inner and outer surfaces. The sealing device includes a seal configured for sealingly contacting the outer circumferential surface of the inlet mixer and a collar configured for holding the seal against the outer circumferential surface of the inlet mixer. The collar includes portions configured for being received radially between the radially inner surfaces of the guiding fins and the outer circumferential surface of the inlet mixer. The sealing device further includes a clamp configured for contacting the radially outer surfaces of the guiding fins to axially clamp the guiding fins. A method of mounting a sealing device onto a slip joint of a jet pump of a boiling water reactor is also provided.