At a Glance
- Tasks: Support actuaries in providing pension advice and managing client portfolios.
- Company: Join a forward-thinking firm shaping the future of pension consulting.
- Benefits: Enjoy a culture of empowerment, professional development, and potential remote work options.
- Why this job: Be part of a dynamic team making a real impact in the pensions industry.
- Qualifications: Must be a qualified actuary with strong communication and project management skills.
- Other info: Opportunity for mentoring and contributing to innovative actuarial policies.
The predicted salary is between 54000 - 84000 £ per year.
My client is at an exciting point in their evolution, defining and executing strategic goals as well as developing the next generation of market leading Products and Services. They have ambitious objectives and plans for 2025 and beyond.
Their actuarial services include advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation, and integrated risk management.
They are looking for an Actuarial Consultant to join their Actuarial Consulting Service. Their culture ensures all new employees are engaged, entrusted and empowered so they feel part of the company, have pride in working for Pensions Consulting, and feel as though they make a difference.
In the Actuarial Consultant role you will assist Scheme Actuaries, Senior Actuarial Consultants and Actuarial Analysts in the provision of advice to a portfolio of pension scheme clients. The main focus is on Trustee work, but there will also be some work on assisting pension scheme sponsors.
Key responsibilities:- Participating in the development of actuarial policy in relation to occupational pension scheme valuations, financial reporting and pensions legislative developments.
- Acting as lead supporting actuary to a portfolio of schemes. Scheme Actuary certificate is desirable but not compulsory.
- Providing actuarial and other pensions advice to clients on pensions technical, investment and legislative issues.
- Participating in new client appointment pitches.
- Providing peer review sign off and mentoring functions to other actuaries and staff.
- Contributing to delivering the practice business plan.
- Contributing to a Practice Area Specialist group.
- Being aware of new technical or legislative changes within the marketplace.
- Complying at all times with the Compliance, Training and Competence framework of CEB.
- Processing and tackling any complaints at the earliest opportunity with a positive attitude.
- Acting in accordance with any statutory/professional/CEB guidelines including (but not limited to) Continuing Professional Development, Peer review, Time recording, Conflicts of interest, Risk Management, Management of Errors and Omissions.
- Achieving client chargeable billable hours target as agreed.
- Actively involved with revenue generation from client portfolio.
- Assisting in the management of actuarial resources as required.
- Cultivating a culture of compliance and risk awareness focusing on the principles of CEB.
- Actively participating in the Company’s performance management process. Agreeing personal objectives and goals with managers and making every effort to satisfy these objectives within the specified time frames.
- Committing to equal treatment of all staff/colleagues and treating everyone fairly.
- Essential: Qualified Actuary.
- Detailed level and up-to-date knowledge of relevant legislation, pensions, actuarial and FSA requirements.
- Ability to manage projects to time and budget.
- High level written and oral communication skills.
- Excellent client relationship skills.
- Negotiating skills.
- Works positively with colleagues.
- Desirable: Scheme Actuary certificate desirable but not compulsory.
Senior Pension Consultant employer: The Emerald Group Ltd, Search and Selection
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Consultant
✨Tip Number 1
Network with professionals in the pensions and actuarial field. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn about the latest trends. This can help you gain insights into the company culture and what they value in candidates.
✨Tip Number 2
Familiarise yourself with the latest developments in pensions legislation and actuarial practices. Being well-versed in current issues will not only boost your confidence but also demonstrate your commitment to staying informed, which is crucial for a Senior Pension Consultant role.
✨Tip Number 3
Prepare to discuss your experience in managing client relationships and projects. Think of specific examples where you've successfully navigated challenges or contributed to revenue generation, as these are key aspects of the role that the employer will be looking for.
✨Tip Number 4
Showcase your mentoring abilities during discussions. Since the role involves peer review and mentoring, be ready to share how you've supported colleagues in their professional development, highlighting your leadership skills and collaborative approach.
We think you need these skills to ace Senior Pension Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an actuary and any relevant experience in pensions consulting. Emphasise your project management skills and client relationship abilities, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention specific experiences that demonstrate your ability to provide actuarial advice and your understanding of pension legislation.
Showcase Relevant Skills: Clearly outline your knowledge of relevant legislation and actuarial requirements in your application. Highlight your communication and negotiation skills, as well as your ability to work collaboratively with colleagues and clients.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is essential in the actuarial field.
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Showcase Your Actuarial Knowledge
Make sure to brush up on the latest legislation and actuarial practices relevant to pensions. Be prepared to discuss how your knowledge can contribute to the company's strategic goals and how you can assist in developing their market-leading products.
✨Demonstrate Client Relationship Skills
Since this role involves advising clients, highlight your experience in managing client relationships. Share specific examples of how you've successfully navigated complex client situations or provided valuable insights that led to positive outcomes.
✨Prepare for Technical Questions
Expect technical questions related to pension scheme valuations and financial reporting. Practise articulating your thought process clearly and concisely, as this will demonstrate your analytical skills and ability to communicate complex information effectively.
✨Emphasise Team Collaboration
The company values a culture of engagement and empowerment. Be ready to discuss how you've worked positively with colleagues in the past, contributed to team projects, and supported others in achieving shared goals.