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- Tasks: Support projects, prepare drafts, and coordinate with clients and teams.
- Company: Join a unique consulting firm making waves in the actuarial space.
- Benefits: Enjoy competitive pay, private health insurance, and flexible hybrid working options.
- Why this job: Gain hands-on experience in pension risk transfer while developing your career in a supportive environment.
- Qualifications: Relevant UK pensions experience and strong communication skills are essential.
- Other info: Opportunities for training and personal development from day one.
The predicted salary is between 36000 - 60000 £ per year.
Quick summary – our client is really unusual in the Consulting space, this is worth a chat with me to explain. Locations UK wide Our client’s role and responsibilities Provide support to colleagues on a portfolio of projects. Prepare first drafts of advice for senior colleagues to review. Establish effective working relationships with colleagues internally. Prepare and maintain project plans and budgets and deliver projects within agreed timescales and budgets. Co-ordinate work required with client teams and external parties (actuaries, lawyers, administrators, trustees, sponsors, insurers). Act as a main point of contact for colleagues, clients and third parties in relation to the project. Contribute to the development of the team, including coaching junior colleagues and maintaining updating materials used by the team. Assist client teams with all aspects of Risk Transfer projects as necessary (eg help prepare benefit specifications, undertake benefit audit work, GMP equalisation work, data verification work, member communications etc) Attend and actively contribute to and lead internal project meetings. Take responsibility for delivering on time for specific tasks allocated to you. Develop knowledge and keep abreast of changes in regulations, topical issues in the industry and the Firm’s products and services. Essential skills and experience: Relevant UK pensions experience, gained in an actuarial advisory team. Good communication, organisational and team working skills. The ability to manage your own workloads and junior colleagues working to tight deadlines. Enjoy working in a client facing role and be comfortable delivering training / presentations and talking to clients and colleagues about complex matters. Sufficient technical pensions experience to be able to review a benefit specification and ensure that membership data is consistent with the specification. The ability to work on different aspects of multiple projects at the same time. Knowledge / experience of bulk annuity transactions and insurance market and the related preparation work required including benefit audits / GMP projects and member communications. Understanding of bulk annuities from a contractual and delivery perspective Understanding of the tender, quotation, and inception processes for bulk annuity transactions Understanding of post buy-in experience and move to buyout and impact on client team. What we offer you Well actively support you as you build your career and reward you for doing so. At every level of seniority, we offer: A competitive remuneration package, including bonus and profit-sharing payments Private health insurance, life insurance and income protection insurance 25 days annual leave as standard, increasing with length of service, an extra day at Christmas, plus bank holidays and the option to purchase additional holidays A non-contributory pension Full training and study support. We have hybrid working in place for colleagues who prefer home-working for part of the week. Were also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one. We can only accept and take forward applications from suitably qualified candidates who are able to work in the UK and who do not require sponsorship. JBRP1_UKTJ
Alpha Consulting Recruitment Limited | Part Qualified Actuary Pension Risk Transfer employer: Alpha Consulting Recruitment Limited
Contact Detail:
Alpha Consulting Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Alpha Consulting Recruitment Limited | Part Qualified Actuary Pension Risk Transfer
✨Tip Number 1
Make sure to highlight your relevant UK pensions experience during any conversations. This role requires a solid understanding of actuarial advisory work, so be prepared to discuss specific projects you've worked on.
✨Tip Number 2
Demonstrate your communication and organizational skills by preparing examples of how you've successfully managed workloads and collaborated with teams in the past. This will show that you can handle the responsibilities of the role effectively.
✨Tip Number 3
Familiarize yourself with bulk annuity transactions and the insurance market. Being able to discuss these topics confidently will set you apart as a candidate who understands the complexities of the role.
✨Tip Number 4
Engage with current industry trends and regulatory changes related to pensions. Showing that you're proactive about staying informed will demonstrate your commitment to the field and your potential value to the team.
We think you need these skills to ace Alpha Consulting Recruitment Limited | Part Qualified Actuary Pension Risk Transfer
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and skills required. Tailor your application to highlight your relevant experience in actuarial advisory and pension risk transfer.
Highlight Relevant Experience: In your CV and cover letter, emphasize your UK pensions experience and any specific projects you've worked on that relate to bulk annuity transactions or benefit audits. Use concrete examples to demonstrate your skills.
Showcase Communication Skills: Since the role involves client interaction and team collaboration, provide examples of how you've effectively communicated complex information in previous roles. Mention any experience in delivering training or presentations.
Tailor Your Application: Customize your cover letter to reflect your understanding of the company's unique position in the consulting space. Mention why you are interested in this specific role and how you can contribute to their projects.
How to prepare for a job interview at Alpha Consulting Recruitment Limited
✨Understand the Role
Make sure you have a clear understanding of the responsibilities outlined in the job description. Familiarize yourself with terms like 'Risk Transfer projects' and 'bulk annuity transactions' so you can discuss them confidently.
✨Showcase Your Communication Skills
Since the role involves client-facing interactions, be prepared to demonstrate your communication skills. Practice explaining complex actuarial concepts in simple terms, as this will be crucial during the interview.
✨Prepare for Technical Questions
Expect questions related to your technical pensions experience. Be ready to discuss your familiarity with benefit specifications, data verification, and GMP equalization work, as well as any relevant projects you've worked on.
✨Highlight Teamwork and Leadership
The role requires effective collaboration and coaching of junior colleagues. Share examples from your past experiences where you successfully led a team or mentored others, emphasizing your ability to manage workloads and meet deadlines.
