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- Tasks: As a Scheme Actuary, ensure DB schemes are properly funded and provide expert advice to trustees.
- Company: Join a leading firm offering competitive salaries and a supportive work environment across the UK.
- Benefits: Enjoy a six-figure salary, hybrid working options, and the flexibility of fully remote work.
- Why this job: Be part of a team that challenges norms and prioritises client interests in a dynamic field.
- Qualifications: Must be FIA certified with extensive DB pensions experience; willingness to obtain Scheme Actuary Cert is essential.
- Other info: Ideal for those based in Bristol or London, but open to applicants nationwide.
The predicted salary is between 72000 - 84000 £ per year.
As a Scheme Actuary, your role is pivotal in ensuring that DB schemes are properly funded. The level of specialist knowledge that you provide equips trustees with the protection they need, and the complex issues and regular changes with schemes will require you to be pragmatic and solutions-based.
The opportunity here provides a supportive environment to challenge conventional approaches, focusing on the true best interest of the client.
The individual:
- FIA
- Extensive DB pensions experience
- Scheme Actuary Cert required, or willingness to undertake this
- Wide understanding of current issues that DB schemes face - regulatory and legislative changes, funding issues, risk management etc
For further details on the roles above, please apply, get in touch directly via LI, or details below:
E: yasmin.andrews@bwd-search.com
M: 07458161817
Pension Scheme Actuary employer: BWD Search & Selection
Contact Detail:
BWD Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Scheme Actuary
✨Tip Number 1
Network with professionals in the pensions industry, especially those who are already working as actuaries. Attend relevant conferences or webinars to meet potential colleagues and learn about current trends and challenges in DB schemes.
✨Tip Number 2
Stay updated on regulatory and legislative changes affecting DB schemes. Subscribe to industry newsletters or follow key influencers on social media to ensure you have the latest information that could be beneficial during interviews.
✨Tip Number 3
Consider joining professional bodies related to actuarial science, such as the Institute and Faculty of Actuaries (IFoA). This can provide you with valuable resources, networking opportunities, and insights into the profession that can set you apart from other candidates.
✨Tip Number 4
Prepare for interviews by practising how to articulate your experience with DB pensions and your problem-solving approach. Be ready to discuss specific examples where you've successfully navigated complex issues or implemented innovative solutions for clients.
We think you need these skills to ace Pension Scheme Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive DB pensions experience and any relevant qualifications, such as your FIA status. Emphasise your understanding of current issues facing DB schemes, including regulatory changes and risk management.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role of Scheme Actuary. Discuss how your skills and experiences align with the responsibilities outlined in the job description, particularly your ability to provide solutions-based approaches.
Showcase Relevant Skills: Highlight specific skills that are crucial for the role, such as analytical thinking, problem-solving, and communication abilities. Provide examples of how you've successfully navigated complex issues in previous roles.
Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no errors. A polished application reflects your attention to detail, which is essential for a Scheme Actuary.
How to prepare for a job interview at BWD Search & Selection
✨Showcase Your Expertise
As a Pension Scheme Actuary, it's crucial to demonstrate your extensive knowledge of defined benefit (DB) schemes. Be prepared to discuss specific regulatory and legislative changes you've navigated in the past, and how your expertise has positively impacted funding issues or risk management.
✨Be Solutions-Oriented
Given the role's focus on providing pragmatic solutions, come equipped with examples of how you've tackled complex issues in previous positions. Highlight your ability to think critically and offer innovative approaches that prioritise the client's best interests.
✨Understand the Current Landscape
Familiarise yourself with the latest trends and challenges facing DB schemes. This includes understanding funding issues and risk management strategies. Being able to discuss these topics will show your commitment to staying informed and relevant in the field.
✨Prepare Questions for the Interviewers
Engage your interviewers by preparing thoughtful questions about their approach to pension schemes and the challenges they face. This not only shows your interest in the role but also allows you to assess if their values align with yours, especially regarding client-centric solutions.
