At a Glance
- Tasks: Provide high-quality actuarial services for UK pension schemes and collaborate with team members.
- Company: Join a leading firm specializing in pensions, known for its commitment to client service.
- Benefits: Enjoy a permanent position with opportunities for professional growth and development.
- Why this job: Make a real impact on clients' financial futures while working in a supportive team environment.
- Qualifications: Must be a Fellow of the Institute and Faculty of Actuaries with relevant pensions experience.
- Other info: Locations available in Birmingham, Edinburgh, Glasgow, and London.
The predicted salary is between 28800 - 48000 £ per year.
As an actuarial consultant, you will provide an efficient, high-quality service to clients, with a primary focus on UK defined benefit pension schemes, working with both Trustee Boards and Sponsoring Employers.
- Location: Birmingham/Edinburgh/Glasgow/London
- Category: Pensions
- Type: Permanent
Key Duties (Including but not limited to):
- Ensure that work prepared by the team meets a high-quality standard of service for clients. Work collaboratively as part of the team in the preparation of advice, including reviewing/checking calculations undertaken by more junior team members and peer review of client work for other colleagues.
- Signing out work in your own name where applicable or ensuring that statutory actuarial calculations are prepared in readiness for sign off by the Scheme Actuary.
- Consult with client contacts to agree budgets and deadlines for work, ensuring necessary service agreements are in place.
- Build strong relationships with your client at all levels as appropriate, ensuring that we have sufficient breadth and depth of relationships with the client to deliver our core services to the levels expected.
- Fellow of the Institute and Faculty of Actuaries (or equivalent recognised actuarial qualification) with relevant pensions experience. Scheme Actuary certificate not required.
- Have a good understanding of the legislative framework for UK pension schemes, including all aspects of the Pensions Act 1995, disclosure requirements, and statutory reporting requirements.
- Be able to undertake the statutory actuarial calculations required in readiness for sign off by a Scheme Actuary.
- Have some broader experience in areas such as corporate transactions, risk transfer, liability management exercises, pensions aspects of sale agreements, or dealing with the practical aspects of bulk transfers.
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Actuarial Consultant – 28452 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant – 28452
✨Tip Number 1
Familiarize yourself with the specific requirements of UK defined benefit pension schemes. Understanding the nuances of the Pensions Act 1995 and statutory reporting will give you an edge in discussions with potential employers.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work with pension schemes. Attend industry events or join relevant online forums to build connections that could lead to job opportunities.
✨Tip Number 3
Highlight your collaborative skills during interviews. As the role emphasizes teamwork, be prepared to discuss examples of how you've successfully worked with others to deliver high-quality results.
✨Tip Number 4
Stay updated on current trends and changes in pension legislation. Being knowledgeable about recent developments will demonstrate your commitment to the field and your ability to provide informed advice to clients.
We think you need these skills to ace Actuarial Consultant – 28452
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of an actuarial consultant, especially in relation to UK defined benefit pension schemes. Familiarize yourself with the key duties mentioned in the job description.
Highlight Relevant Experience: In your application, emphasize any relevant experience you have with pensions, particularly your understanding of the legislative framework and statutory actuarial calculations. Mention specific projects or roles that demonstrate your expertise.
Showcase Team Collaboration Skills: Since the role involves working collaboratively, provide examples of how you've successfully worked in teams. Highlight your ability to review and check calculations, as well as your experience in peer reviewing work.
Tailor Your Application: Customize your CV and cover letter to reflect the specific requirements of the job. Use keywords from the job description to ensure your application stands out and aligns with what the company is looking for.
How to prepare for a job interview at The Emerald Group
✨Understand the Legislative Framework
Make sure you have a solid grasp of the UK pension schemes' legislative framework, especially the Pensions Act 1995. Being able to discuss these regulations confidently will show your expertise and readiness for the role.
✨Demonstrate Team Collaboration Skills
Since the role involves working collaboratively with team members, be prepared to share examples of how you've successfully worked in teams before. Highlight your experience in reviewing calculations and providing constructive feedback.
✨Build Client Relationships
Prepare to discuss how you would approach building strong relationships with clients. Think of specific strategies you can use to ensure effective communication and service delivery that meets their expectations.
✨Showcase Relevant Experience
Be ready to talk about your previous experience related to defined benefit pension schemes and any relevant actuarial qualifications. Highlight any specific projects or tasks that align with the key duties mentioned in the job description.