Actuarial Consultant

Actuarial Consultant

Manchester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as an Actuarial Consultant, tackling complex calculations and client projects.
  • Company: We provide expert actuarial consulting and investment advice to trustees and employers.
  • Benefits: Enjoy a competitive bonus, private medical cover, and up to 30 days holiday per year.
  • Why this job: This role offers excellent progression opportunities and the chance to make a real impact.
  • Qualifications: Ideal for part-qualified actuaries with 2-3+ years of experience in DB pensions.
  • Other info: Flexible working options available; we are a Disability Confident Employer.

The predicted salary is between 36000 - 60000 £ per year.

Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de-risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full-service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions.

This role can be based in our Leeds, Liverpool, Manchester or Glasgow office on a hybrid working basis between home and the office. This is an exciting opportunity for a more recently qualified actuary, or a part-qualified actuary who is working toward qualifying as an actuary with 2 - 3+ years experience. The role is suitable for members of an actuarial team that are keen to pursue a consulting role and may include those working toward qualifying as an actuary with a view to ultimately working towards being a Scheme Actuary or Corporate Actuary. We offer excellent progression opportunities through to Partner. DB pensions experience is essential.

Snapshot of your day:

  • Calculate complex individual member calculations, check straightforward calculations and progressing to checking more complex calculations.
  • Undertake the bulk of the calculations for an actuarial valuation.
  • Review draft client reports and advice and draft member communications.
  • Work with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice.
  • Aim to become a Client Account Manager for a number of clients and start taking on a number of Client Account Manager duties.
  • Attend client meetings and take an active role where applicable.
  • Support various types of client projects and work with our corporate team on a wide range of areas.
  • General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed.
  • Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams.
  • Design and management of surveys and use statistical techniques in order to analyse and interpret the quantitative data collected.
  • Use a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions.
  • Assist with developing the practice area services (for example, Experian reviews), assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material.
  • Research new and/or technical topics and report back to the team.
  • Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team.

We would love to hear from you if you have:

  • Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams.
  • Good IT skills and presentation skills.
  • DB pensions experience or a solid understanding of the basics of pensions.

What’s in it for you:

  • Competitive discretionary annual bonus.
  • Core benefits for you including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading.
  • A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts.

Happy to talk flexible working.

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.

Actuarial Consultant employer: Barnett Waddingham

As an Actuarial Consultant with us, you'll thrive in a dynamic and supportive environment that champions professional growth and offers clear pathways to advancement, including opportunities to progress to Partner. Our offices in Leeds, Liverpool, Manchester, and Glasgow foster a collaborative work culture, enhanced by flexible hybrid working arrangements and a comprehensive benefits package that includes private medical cover, generous holiday allowances, and wellness initiatives. Join us to make a meaningful impact while enjoying a rewarding career in actuarial consulting.
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Contact Detail:

Barnett Waddingham Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Consultant

✨Tip Number 1

Network with professionals in the actuarial field, especially those who are already working as consultants. Attend industry events or webinars to connect with potential colleagues and learn more about the consulting landscape.

✨Tip Number 2

Familiarise yourself with the latest trends and legislative changes in pensions and risk management. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 3

Prepare to discuss your experience with DB pensions in detail. Be ready to share specific examples of how you've managed calculations or client communications, as this will showcase your practical skills and understanding of the role.

✨Tip Number 4

Consider reaching out to current employees at StudySmarter for informational interviews. They can provide insights into the company culture and expectations, which can be invaluable during your application process.

We think you need these skills to ace Actuarial Consultant

Actuarial Qualifications (FIA / FAA or part-qualified)
DB Pensions Experience
Strong Analytical Skills
Attention to Detail
Technical Proficiency in Actuarial Software
Statistical Analysis Techniques
Client Management Skills
Effective Communication Skills
Presentation Skills
Project Management
Problem-Solving Skills
Ability to Work Under Pressure
Team Leadership and Mentoring
Research Skills
Understanding of Risk Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in actuarial consulting, particularly focusing on DB pensions. Include specific examples of your work with calculations, client management, and any projects that demonstrate your skills.

Craft a Strong Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Mention your actuarial qualifications, your experience in the field, and how you can contribute to the company's goals. Be sure to express your enthusiasm for the opportunity to grow within the company.

Showcase Relevant Skills: In your application, emphasise your IT skills and presentation abilities, as these are crucial for the role. Provide examples of how you've used these skills in previous positions or projects, especially in relation to client interactions and technical advice.

Highlight Continuous Learning: Since the role is suitable for part-qualified actuaries, mention your progress towards qualification and any relevant training or courses you have undertaken. This shows your commitment to professional development and aligns with the company's focus on progression opportunities.

How to prepare for a job interview at Barnett Waddingham

✨Showcase Your Actuarial Knowledge

Make sure to brush up on your actuarial principles, especially those related to DB pensions. Be prepared to discuss your understanding of risk management and how it applies to the role.

✨Demonstrate Client Management Skills

Since the role involves client interaction, think of examples from your past experience where you successfully managed client relationships or projects. Highlight your communication skills and ability to understand client needs.

✨Prepare for Technical Questions

Expect technical questions related to calculations and valuations. Practise explaining complex concepts in simple terms, as this will demonstrate your ability to communicate effectively with clients.

✨Express Your Career Aspirations

Share your long-term goals, especially if you aim to become a Scheme Actuary or Corporate Actuary. This shows your commitment to the profession and aligns with the company's progression opportunities.

Actuarial Consultant
Barnett Waddingham
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  • Actuarial Consultant

    Manchester
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-04-23

  • B

    Barnett Waddingham

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