At a Glance
- Tasks: Join our team to tackle complex pension risk challenges and deliver innovative actuarial solutions.
- Company: TAG is a leading consultancy focused on pensions, investments, and risk consulting services.
- Benefits: Enjoy hybrid working, professional development, and a fantastic compensation package.
- Why this job: Be part of a diverse team that values independent thinking and collaborative problem-solving.
- Qualifications: Seeking part-qualified to senior actuaries with DB pension scheme experience and strong analytical skills.
- Other info: Work closely with experienced professionals and grow your career from day one.
The predicted salary is between 36000 - 60000 £ per year.
TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants . The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments, benefits and risk consulting services, as well as data and technology solutions. Our client is committed to developing its people and encourages everyone to carve out their own career path by offering the chance to develop new skills and explore new passions. Our client thrives on tackling complex problems. They believe those problems are best solved by diverse teams – diverse in skills, approaches and backgrounds. Their independence lets their people be themselves and think freely, while working in a collaborative, supportive environment. Our client loves innovative, independent thinking and wants everyone to share their ideas. Their hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment – meaning flexible working patterns to accommodate individual needs. Key responsibilities: Leverage market-leading expertise, scale, brand, and infrastructure; to design and facilitate the implementation and delivery of sophisticated actuarial solutions to a range of clients. Actuarial analysis including complex actuarial calculations, coding up pension scheme benefits to produce cashflows and buyout estimates as well as researching market trends to set assumptions. Day-to-day project management, taking true ownership of work streams and adding valued insights. Identifying ways for the client to build and improve their proposition, processes and client delivery. Act as a representative and figurehead throughout the pension industry; providing informed views on current topics and trends affecting clients – tailoring advice as appropriate to reflect these. Build your professional network and drive key business relationships in order to help identify and develop revenue generating opportunities with new and existing clients. Key participation in meetings, with both internal teams and external stakeholders. Presentations to external stakeholders, including corporate sponsors, trustee boards and legal advisers. Essential experience: From part qualified/newly qualified to senior actuary level. Experience working with DB pension schemes, either at a consultancy or an insurer. Well-rounded knowledge of the broader UK pensions landscape. Organisational skills to manage multiple tasks and oversee multiple projects simultaneously, while prioritising workload. A collaborative mindset with the ability to work within a team and support other business functions. Strong technical actuarial fundamentals coupled with demonstrable business acumen. An ability to troubleshoot and think laterally with excellent analytical and problem-solving fundamentals. A strong client focus with the ability to assimilate and then consultatively communicate key concepts and advice. Strong communicator with well-developed written skills and effective listening skills; ability to clearly articulate complex issues and ideas to clients and colleagues. Proficient in MS Office applications; experience with other actuarial/modelling tools is desirable. Hands-on experience of buy-in and buyout processes is desirable. There are plenty of experienced senior consultants and business leaders already in-situ that you’ll have the opportunity to work closely with and learn from. Your professional development will be paramount and nurtured from day one, regardless of the level of seniority you join the team. Fantastic compensation, rewards and benefits packages are available for ambitious candidates that are ready to upskill and help support the organisation’s continued growth at this extremely exciting time.
Pension Risk Transfer Consultant (Trainee-Senior) employer: The Actuary Group
Contact Detail:
The Actuary Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Risk Transfer Consultant (Trainee-Senior)
✨Tip Number 1
Familiarize yourself with the latest trends in the UK pensions landscape. Understanding current market dynamics will not only help you in interviews but also demonstrate your proactive approach to potential employers.
✨Tip Number 2
Network with professionals in the pension consultancy field. Attend industry events or webinars to connect with actuaries and consultants, which can provide valuable insights and potentially lead to job referrals.
✨Tip Number 3
Showcase your problem-solving skills by preparing examples of how you've tackled complex issues in previous roles. This will resonate well with the company's emphasis on innovative thinking and collaborative problem-solving.
✨Tip Number 4
Be ready to discuss your experience with DB pension schemes in detail. Highlight specific projects or tasks where you contributed to actuarial analysis or client delivery, as this aligns closely with the key responsibilities of the role.
We think you need these skills to ace Pension Risk Transfer Consultant (Trainee-Senior)
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Pension Risk Transfer Consultant position. Understand the key responsibilities and essential experience required, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize any experience you have with DB pension schemes, actuarial analysis, or project management. Use specific examples to demonstrate your skills and how they align with the role.
Showcase Your Communication Skills: Since strong written and verbal communication skills are essential for this role, make sure your application reflects your ability to articulate complex ideas clearly. Consider including examples of presentations or reports you've created.
Express Your Collaborative Mindset: The company values teamwork and collaboration. In your application, mention instances where you've successfully worked in a team environment or supported other business functions, showcasing your ability to contribute positively to a diverse team.
How to prepare for a job interview at The Actuary Group
✨Showcase Your Actuarial Knowledge
Be prepared to discuss your understanding of DB pension schemes and the broader UK pensions landscape. Highlight any relevant experience you have, whether from consultancy or insurance, and be ready to answer technical questions that demonstrate your actuarial fundamentals.
✨Demonstrate Problem-Solving Skills
Since the role involves tackling complex problems, think of examples from your past experiences where you successfully identified issues and implemented solutions. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Emphasize Collaboration and Communication
This position requires a collaborative mindset. Share instances where you've worked effectively in teams, supported colleagues, or communicated complex ideas clearly to clients or stakeholders. Strong interpersonal skills are key!
✨Prepare for Client-Focused Scenarios
As the role involves building professional networks and driving business relationships, be ready to discuss how you've previously engaged with clients. Think about how you can tailor advice based on their needs and how you can contribute to revenue-generating opportunities.