At a Glance
- Tasks: Join a dynamic team to deliver innovative actuarial solutions for pension schemes.
- Company: Be part of a leading consultancy dedicated to developing talent and solving complex problems.
- Benefits: Enjoy hybrid working, professional development, and a fantastic rewards package.
- Why this job: This role offers growth opportunities, a collaborative culture, and the chance to make a real impact.
- Qualifications: Ideal for part qualified to senior actuaries with DB pension scheme experience and strong analytical skills.
- Other info: Work closely with experienced professionals and build your network in the pension industry.
The predicted salary is between 43200 - 72000 £ per year.
Location: UK-wide (hybrid)
TAG is actively recruiting for multiple Pension Risk Transfer Consultant positions, ranging in seniority from nearly/newly qualified actuaries to senior consultants. The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments, benefits and risk consulting services, as well as data and technology solutions.
Our client is committed to developing its people and encourages everyone to carve out their own career path by offering the chance to develop new skills and explore new passions. Our client thrives on tackling complex problems. They believe those problems are best solved by diverse teams – diverse in skills, approaches and backgrounds. Their independence lets their people be themselves and think freely, while working in a collaborative, supportive environment. Our client loves innovative, independent thinking and wants everyone to share their ideas.
Their hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment - meaning flexible working patterns to accommodate individual needs.
Key responsibilities:
- Leverage market-leading expertise, scale, brand, and infrastructure; to design and facilitate the implementation and delivery of sophisticated actuarial solutions to a range of clients.
- Actuarial analysis including complex actuarial calculations, coding up pension scheme benefits to produce cashflows and buyout estimates as well as researching market trends to set assumptions.
- Day-to-day project management, taking true ownership of work streams and adding valued insights.
- Identifying ways for the client to build and improve their proposition, processes and client delivery.
- Act as a representative and figurehead throughout the pension industry; providing informed views on current topics and trends affecting clients – tailoring advice as appropriate to reflect these.
- Build your professional network and drive key business relationships in order to help identify and develop revenue generating opportunities with new and existing clients.
- Key participation in meetings, with both internal teams and external stakeholders.
- Presentations to external stakeholders, including corporate sponsors, trustee boards and legal advisers.
Essential experience:
- From part qualified/newly qualified to senior actuary level.
- Experience working with DB pension schemes, either at a consultancy or an insurer.
- Well-rounded knowledge of the broader UK pensions landscape.
- Organisational skills to manage multiple tasks and oversee multiple projects simultaneously, while prioritising workload.
- A collaborative mindset with the ability to work within a team and support other business functions.
- Strong technical actuarial fundamentals coupled with demonstrable business acumen.
- An ability to troubleshoot and think laterally with excellent analytical and problem-solving fundamentals.
- A strong client focus with the ability to assimilate and then consultatively communicate key concepts and advice.
- Strong communicator with well-developed written skills and effective listening skills; ability to clearly articulate complex issues and ideas to clients and colleagues.
- Proficient in MS Office applications; experience with other actuarial/modelling tools is desirable.
- Hands-on experience of buy-in and buyout processes is desirable.
There are plenty of experienced senior consultants and business leaders already in-situ that you’ll have the opportunity to work closely with and learn from. Your professional development will be paramount and nurtured from day one, regardless of the level of seniority you join the team. Fantastic compensation, rewards and benefits packages are available for ambitious candidates that are ready to upskill and help support the organisation’s continued growth at this extremely exciting time.
Contact Detail:
The Actuary Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land (Associate-Senior) Pension Risk Transfer Consultant
✨Tip Number 1
Network actively within the pensions industry. Attend relevant conferences, webinars, and local meetups to connect with professionals already working in pension risk transfer. Building relationships can lead to valuable insights and potential referrals.
✨Tip Number 2
Stay updated on current trends and changes in the UK pensions landscape. Follow industry news, subscribe to relevant publications, and engage in discussions on platforms like LinkedIn to demonstrate your knowledge and passion for the field.
✨Tip Number 3
Prepare to showcase your problem-solving skills during interviews. Think of specific examples where you've tackled complex issues, particularly in actuarial contexts, and be ready to discuss how you approached these challenges.
✨Tip Number 4
Familiarise yourself with the tools and software commonly used in pension risk transfer consulting. If you have experience with actuarial modelling tools, be prepared to discuss this in detail, as it can set you apart from other candidates.
We think you need these skills to ace (Associate-Senior) Pension Risk Transfer Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pension schemes, actuarial analysis, and project management. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the pension risk transfer landscape. Mention specific experiences that align with the responsibilities outlined in the job description.
Showcase Your Communication Skills: Since strong written communication is essential, ensure your application is free from errors and clearly articulates your thoughts. Consider including examples of how you've effectively communicated complex ideas in previous roles.
Highlight Collaborative Experiences: Emphasise any past experiences where you worked in diverse teams or collaborated on projects. This aligns with the company's value of teamwork and innovative thinking, which they highly regard.
How to prepare for a job interview at The Actuary Group
✨Understand the Pensions Landscape
Make sure you have a solid grasp of the UK pensions landscape, especially DB pension schemes. Familiarise yourself with current trends and challenges in the industry, as this will help you engage in informed discussions during the interview.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your analytical and problem-solving abilities. You might be asked to tackle hypothetical scenarios or case studies, so practice articulating your thought process clearly and logically.
✨Highlight Collaborative Experiences
Since the role requires a collaborative mindset, think of examples from your past experiences where you successfully worked within a team. Be ready to discuss how you supported others and contributed to group success.
✨Prepare for Client-Facing Scenarios
As the position involves client interaction, prepare to discuss how you would communicate complex actuarial concepts to clients. Practice explaining technical details in a way that is accessible and engaging for non-experts.