Actuarial Consultant

Actuarial Consultant

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

  • Tasks: Lead projects on GMP equalisation and support clients with pension strategies.
  • Company: Join a forward-thinking consultancy with ambitious growth plans for 2025.
  • Benefits: Enjoy remote work flexibility and opportunities for professional development.
  • Why this job: Be part of a dynamic team making a real impact in the pensions sector.
  • Qualifications: Ideal for part-qualified or qualified actuaries with experience in pensions.
  • Other info: Support available for those progressing through actuarial exams.

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

Remote / Home Based – UK

We are currently seeking a nearly or fully qualified Actuarial Consultant to join a growing team focused on GMP equalisation and benefit rectification projects. This role offers an excellent opportunity to be at the forefront of an area that is high on the agenda for pension scheme trustees across the UK.

You will work with a team that provides actuarial consultancy to a large number of pension schemes, supporting clients with funding advice, strategic planning, journey management, de-risking activities, GMP equalisation, and compliance with pensions regulation.

This is a key role within a dynamic team committed to innovation, development, and delivering high-quality consultancy services. You will be part of a forward-looking organisation with ambitious growth plans for 2025 and beyond.

Key Responsibilities

  • Leading and supporting projects related to GMP equalisation/conversion, normal retirement age (NRA) equalisation, and other benefit rectification exercises
  • Acting as a point of contact for clients on specific projects and attending client meetings
  • Checking and signing off work produced by junior colleagues, while providing feedback, mentoring, and support to help develop their skills
  • Managing project workflows and assisting in the smooth delivery of services to clients
  • Collaborating with other departments as required and offering technical expertise across the team

What We’re Looking For

Qualifications:

  • A part-qualified or qualified actuary (or equivalent experience)
  • Support available for those still progressing through actuarial exams

Essential Skills & Experience:

  • Experience in an actuarial role within pensions
  • Familiarity with GMP-related issues and benefit rectification work
  • Strong knowledge of pensions legislation and best practice
  • Excellent communication and interpersonal skills
  • Ability to manage multiple projects and meet deadlines under pressure
  • Proactive and flexible approach to work

Desirable:

  • Experience using actuarial modelling software (e.g., PFaroe or similar)
  • Previous consultancy experience in pensions

Actuarial Consultant employer: AEJ Consulting

As a leading employer in the actuarial consultancy sector, we offer a dynamic and supportive work environment that prioritises innovation and professional growth. Our remote-based team in the UK is dedicated to providing exceptional service to pension schemes, with ample opportunities for mentorship and skill development, ensuring that you can thrive in your career while contributing to meaningful projects like GMP equalisation. Join us and be part of a forward-thinking organisation with ambitious plans for the future, where your contributions will make a real impact.
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Contact Detail:

AEJ Consulting 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 have experience in GMP equalisation and benefit rectification. Attend industry events or webinars to connect with potential colleagues and learn more about current trends.

✨Tip Number 2

Familiarise yourself with the latest pensions legislation and best practices. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.

✨Tip Number 3

Prepare to discuss specific projects you've worked on that relate to GMP equalisation or benefit rectification. Highlight your role, the challenges faced, and how you contributed to successful outcomes.

✨Tip Number 4

Showcase your communication and interpersonal skills during any interactions with us. Being able to articulate complex actuarial concepts clearly is crucial, especially when liaising with clients and mentoring junior colleagues.

We think you need these skills to ace Actuarial Consultant

Actuarial Expertise
Pensions Legislation Knowledge
GMP Equalisation Understanding
Benefit Rectification Experience
Project Management Skills
Client Relationship Management
Communication Skills
Interpersonal Skills
Mentoring and Coaching
Attention to Detail
Analytical Skills
Time Management
Proactive Problem-Solving
Familiarity with Actuarial Modelling Software

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in actuarial roles, particularly in pensions and GMP equalisation. Use specific examples to demonstrate your skills and achievements that align with the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your qualifications, relevant experience, and how you can contribute to their ambitious growth plans. Be sure to address why you're interested in GMP equalisation and benefit rectification projects.

Highlight Key Skills: In your application, emphasise essential skills such as communication, project management, and familiarity with pensions legislation. Provide examples of how you've successfully managed multiple projects and met deadlines under pressure.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in an actuarial role.

How to prepare for a job interview at AEJ Consulting

✨Showcase Your Actuarial Knowledge

Make sure to brush up on your understanding of GMP equalisation and benefit rectification. Be prepared to discuss specific examples from your experience that demonstrate your expertise in these areas, as well as your familiarity with pensions legislation.

✨Demonstrate Communication Skills

Since this role involves client interaction, practice articulating complex actuarial concepts in a clear and concise manner. Think about how you can explain technical details to clients who may not have a strong background in pensions.

✨Prepare for Project Management Questions

Expect questions about how you manage multiple projects and meet deadlines. Have examples ready that illustrate your ability to prioritise tasks and ensure smooth project delivery, especially under pressure.

✨Emphasise Team Collaboration

This role requires working closely with other departments and mentoring junior colleagues. Be ready to discuss your experience in teamwork and how you've supported others in their professional development.

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