At a Glance
- Tasks: Join our team as a Consulting Actuary, advising clients on complex pension issues.
- Company: We are a leading consultancy firm dedicated to providing clear and pragmatic advice.
- Benefits: Enjoy competitive bonuses, flexible working, and a generous pension scheme from day one.
- Why this job: This role offers excellent progression opportunities and the chance to lead and innovate.
- Qualifications: Fellowship Actuarial Qualifications and DB Pension experience are essential.
- Other info: We support accessibility and offer a range of voluntary benefits.
The predicted salary is between 43200 - 72000 £ per year.
We have an exciting opportunity for a Consulting Actuary to join our team. This role can be based in our Leeds, Manchester, Liverpool, or Glasgow office on a hybrid working basis between home and office. DB Pension experience is essential.
Our services are designed to support trustees and employers by delivering pragmatic advice that 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. We offer excellent progression opportunities through to Partner.
This role is suitable for members of an actuarial team eager to pursue a consulting role, typically involving working towards becoming a Scheme Actuary or Corporate Actuary, and developing their own portfolio of appointments. It may also include the role of a Team Leader, working alongside others involved in Client Consulting to ensure operational tasks are conducted efficiently and liaising with Partners to set priorities.
A snapshot of your day:
- Client Consulting: Acting as the main contact, providing advice for a range of clients.
- Assist Partners: Managing client relationships, identifying issues, and helping resolve them promptly.
- Meetings and Reporting: Attending client meetings, identifying new ways we can help, and reviewing draft reports and advice.
- Technical Work: Applying techniques and principles to assess risk in areas such as pensions.
- Quality Assurance: Checking the work of team members for accuracy and compliance.
- Business Development: Identifying opportunities for new business and participating in tenders and pitches.
- Team Management: Managing workload and activity, actively leading the team, and participating in firm-wide meetings.
- Knowledge and Advice: Staying informed on pensions issues and advising clients accordingly.
- Leadership: Managing client teams, ensuring high-quality work within deadlines, and supporting the company's services.
- Peer Review: Reviewing colleagues' work where appropriate.
We would love to hear from you if you have:
- Fellowship Actuarial Qualifications FIA / FAA or equivalent.
- DB Pension experience is essential.
- Experience leading a team and strong people management skills.
- Project and time management skills.
- Excellent communication and networking skills.
- Ability to innovate and take forward new ideas.
What's in it for you:
- Competitive discretionary annual bonus.
- Core benefits paid by BW including life assurance, group income protection, private medical cover, and 25 days holiday with trading.
- A generous pension scheme contributing 8% of your salary from day one.
- Employee Assistance Programme for support.
- A range of voluntary benefits like tech schemes, cycle schemes, dental, healthcare, private medical extensions, gym memberships, and discounts.
We are open to flexible working arrangements. Accessibility We are a Disability Confident Employer. If you require adjustments or more info on accessibility, please click here.
Contact Detail:
Barnett Waddingham Recruiting Team
careers@barnett-waddingham.co.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Consulting Actuary
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in DB pensions. 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. This knowledge will not only help you in interviews but also demonstrate your commitment to staying informed and relevant in the field.
✨Tip Number 3
Prepare to discuss your leadership and team management experiences in detail. Think of specific examples where you've successfully led a team or managed client relationships, as these skills are crucial for the role.
✨Tip Number 4
Showcase your problem-solving abilities by preparing case studies or scenarios related to risk management and client consulting. Being able to articulate how you would approach complex issues can set you apart from other candidates.
We think you need these skills to ace Consulting Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your DB Pension experience and any relevant actuarial qualifications. Emphasise your leadership skills and project management experience, as these are crucial for the Consulting Actuary role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Consulting Actuary position and how your background aligns with the company's needs. Mention specific examples of your experience in client consulting and team management.
Showcase Your Communication Skills: Since excellent communication is key for this role, ensure that your application reflects your ability to convey complex information clearly. Use concise language and structure your documents well to demonstrate your communication prowess.
Highlight Business Development Experience: If you have experience in identifying new business opportunities or participating in tenders, make sure to include this in your application. This will show your potential to contribute to the company's growth and success.
How to prepare for a job interview at Barnett Waddingham
✨Showcase Your DB Pension Experience
Make sure to highlight your experience with defined benefit pensions during the interview. Be prepared to discuss specific projects or challenges you've faced and how you navigated them, as this is essential for the role.
✨Demonstrate Leadership Skills
Since the role may involve team management, be ready to share examples of how you've successfully led a team in the past. Discuss your approach to managing workloads and ensuring high-quality work, as well as any experiences in mentoring others.
✨Prepare for Client Consulting Scenarios
Think about potential client scenarios you might encounter in this role. Prepare to discuss how you would handle client relationships, identify issues, and provide solutions. This will show your understanding of the consulting aspect of the position.
✨Stay Updated on Pensions Issues
Research current trends and legislative changes in the pensions sector. Being knowledgeable about recent developments will demonstrate your commitment to the field and your ability to provide informed advice to clients.