At a Glance
- Tasks: Join WTW as an actuarial consultant, working on diverse UK pensions projects.
- Company: Willis Towers Watson is a market leader in pensions consulting with a supportive team culture.
- Benefits: Enjoy flexible working options, extensive development opportunities, and a vibrant community.
- Why this job: Contribute to innovative projects while mentoring junior staff in a dynamic environment.
- Qualifications: Open to all levels; strong communication and project management skills are essential.
- Other info: Be part of inclusion networks and engage in corporate social responsibility activities.
The predicted salary is between 32000 - 64000 £ per year.
We welcome applications from candidates at all stages of their actuarial journey—whether you're part-qualified, nearly or newly qualified, or fully qualified.
The Role
You will be joining WTW as an actuarial consultant working on core UK defined benefit pensions actuarial work. We work with a wide range of clients and your work may cover both trustee and corporate assignments. As well as providing advice on regular valuations, accounting, PPF levies, individual calculations, and factor reviews, we often work alongside our clients on innovative, market-leading projects.
You will have opportunities to contribute to varied and interesting projects such as:
- Integrated risk management
- Liability management
- Asset/liability modelling and journey planning strategy
- Mergers and acquisitions
You will work as part of a team, building relationships and liaising effectively with colleagues. You will take an active interest in the development of more junior staff, delegating effectively and providing development opportunities through mentoring.
What can we offer you?
You will have the opportunity to contribute to achieving the exciting growth strategy of the strongly performing GB Retirement practice. You will be working within a supportive team of diverse colleagues, including some of the leading figures in the pensions industry. WTW is truly a market leader. To give just two examples, we advised on the first longevity swap for a UK pension scheme and pioneered the new Collective DC benefit structure: we are scheme actuary to the UK’s first CDC scheme.
Actuarial consultants at WTW benefit from all the resources and opportunities that a large company can provide, but this doesn’t come at the cost of individuality. We encourage and support our colleagues to tailor their roles to match their passions, strengths and aspirations. We provide extensive development opportunities, underpinned by our award-winning Pathfinder initiative which ensures provision of a wide range of consulting opportunities, as well as the high-quality training you would expect from a market-leading employer.
All client and internal roles are advertised on a weekly online noticeboard, giving colleagues the opportunity to pursue the career which works for them, for example becoming a specialist in a particular technical area, undertaking client secondments or becoming a people manager. Irrespective of which office you join, you will be part of the wider WTW community. Our inclusion networks include Gender Equity, LGBT+, Multicultural, Workability and Young Professionals and our Corporate Social Responsibility group champions social and charitable activities in our local communities. These groups are at the heart of how we engage and inspire colleagues in our offices. Inclusion creates the environment where diversity can thrive.
Location: 20 Colmore Circus Queensway, Birmingham B4 6AT. While you will be part of the local team you will also benefit from the opportunity to work on client teams and with colleagues from other offices.
Work Style: Our “Work Styles” structure allows you to choose the option which best suits you. The structure is grounded in the trust which we place in all colleagues and has flexibility as its core. Most colleagues have selected the hybrid option, which offers a flexible mix of working from home and in the office, choosing your location to match your plans for each day, for example attending the office for client meetings and personal development. You can also benefit from flexible working opportunities, such as part-time working, and will have control over your work-life balance.
Qualifications
Desired Skills and Experience
We welcome applications from candidates at all stages of their actuarial journey—whether you're part-qualified, nearly or newly qualified, or fully qualified.
- Strong client-service orientation.
- Strong written and verbal communication skills.
- Proven experience of project management of large teams and projects.
- Proven delegation skills and a desire to coach and mentor junior colleagues.
- Sense of accountability: owning your work and taking pride in it.
- Self-starter: interest in continually challenging yourself and willingness to step outside of your comfort zone.
- Ability to think beyond the task at hand and understand how work fits into the broader landscape.
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com.
Actuarial Pensions Consultant, Birmingham – All Levels Welcome employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
candidate.helpdesk@willistowerswatson.com
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Pensions Consultant, Birmingham – All Levels Welcome
✨Tip Number 1
Familiarise yourself with the latest trends in pensions and actuarial consulting. Understanding current market developments will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working at WTW or similar firms. Attend industry events or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss your experience with project management and mentoring, as these are key aspects of the role. Think of specific examples where you've successfully led a team or supported junior colleagues.
✨Tip Number 4
Showcase your adaptability and willingness to learn. WTW values self-starters who are eager to step outside their comfort zones, so be ready to share instances where you've embraced new challenges.
We think you need these skills to ace Actuarial Pensions Consultant, Birmingham – All Levels Welcome
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial work, particularly in pensions. Emphasise any project management roles and your ability to mentor junior colleagues, as these are key aspects of the role.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention specific projects or initiatives by WTW that resonate with you, and explain how your skills align with their needs.
Showcase Communication Skills: Since strong written and verbal communication skills are essential, ensure your application is clear and concise. Use professional language and structure your documents well to demonstrate your communication abilities.
Highlight Continuous Learning: Mention any ongoing professional development or qualifications you are pursuing. This shows your commitment to growth in the actuarial field and aligns with WTW's emphasis on development opportunities.
How to prepare for a job interview at Willis Towers Watson
✨Understand the Role
Make sure you have a solid grasp of what an Actuarial Pensions Consultant does. Familiarise yourself with key responsibilities such as valuations, accounting, and asset/liability modelling. This will help you answer questions confidently and demonstrate your genuine interest in the position.
✨Showcase Your Communication Skills
Since strong written and verbal communication skills are essential for this role, prepare to discuss how you've effectively communicated complex actuarial concepts in the past. Use examples that highlight your ability to engage with clients and colleagues alike.
✨Demonstrate Project Management Experience
Be ready to talk about your experience managing projects and teams. Highlight specific instances where you successfully led a project or mentored junior colleagues, showcasing your delegation skills and sense of accountability.
✨Emphasise Your Adaptability
The role requires a self-starter who is willing to step outside their comfort zone. Prepare to discuss times when you've challenged yourself or adapted to new situations, showing that you're not only capable but also eager to grow within the company.