Pension Scheme Actuary

Pension Scheme Actuary

Worcester Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Scheme Actuary, you'll ensure DB schemes are properly funded and provide essential guidance to trustees.
  • Company: Join a leading firm offering competitive salaries and a supportive environment for innovative thinking.
  • Benefits: Enjoy a six-figure salary, hybrid working options, and the flexibility of fully remote work.
  • Why this job: This role allows you to tackle complex challenges while making a real impact on clients' financial security.
  • Qualifications: You need FIA status, extensive DB pensions experience, and a Scheme Actuary Cert or willingness to obtain one.
  • Other info: Ideal for those in Bristol and London, but open to applicants across the UK, including Scotland and NI.

The predicted salary is between 72000 - 108000 £ 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

As a leading employer in the pension sector, we offer a dynamic and inclusive work culture that prioritises employee growth and development. With a fully remote opportunity and a focus on innovative solutions, our team members enjoy a highly competitive salary and the flexibility to work from anywhere in the UK, particularly benefiting those in Bristol and London. Join us to make a meaningful impact while enjoying a supportive environment that values your expertise and encourages professional advancement.
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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 actuarial associations or groups. This can provide you with access to exclusive job postings, resources, and a community of peers who can offer support and advice throughout your job search.

✨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.

We think you need these skills to ace Pension Scheme Actuary

Fellowship of the Institute and Faculty of Actuaries (FIA)
Extensive knowledge of Defined Benefit (DB) pension schemes
Scheme Actuary Certificate or willingness to obtain
Understanding of regulatory and legislative changes affecting DB schemes
Risk management expertise
Strong analytical skills
Problem-solving abilities
Communication skills for client interaction
Ability to work in a hybrid or fully remote environment
Adaptability to changing regulations and funding issues
Pragmatic approach to complex issues
Client-focused mindset
Collaboration skills for working with trustees

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

The role requires a pragmatic approach to complex issues. During the interview, share examples of how you've tackled challenging situations in previous roles. Highlight your ability to think critically and provide innovative solutions 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 your readiness to contribute effectively.

✨Express Willingness to Learn

If you don't already hold the Scheme Actuary Certificate, express your eagerness to undertake this qualification. Employers appreciate candidates who are proactive about their professional development, so make it clear that you're committed to enhancing your skills and knowledge in the field.

Pension Scheme Actuary
BWD Search & Selection
Location: Worcester
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