Associate Director, Pension Actuary, Assurance in Birmingham

The Actuarial, Pensions and Rewards Practice within the Audit and Assurance Line is a rapidly growing team of actuaries, employee benefits specialists and modelling experts. The team provides audit and assurance services to trustees and corporate sponsors of pension schemes. With over 200 years’ collective experience and an ambitious five‑year growth plan, we are currently seeking new members of staff to work within our pensions team. From the outset, you’ll enjoy exposure to a broad and varied client base, enabling you to increase your market knowledge across a wide range of industries.

Deloitte drives progress. Using our vast range of expertise, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more. What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Responsibilities

• Independently testing pensions liability calculations and benchmark of proposed assumptions for corporate accounts.
• Investigating and challenging the actuarial assumptions and methodologies used by corporate actuarial advisors.
• Preparing and reviewing audit documentation.
• Presenting findings to Deloitte Audit teams, corporate pension managers, financial controllers, finance directors and/or audit committees.
• Working on wider pensions, reward, HR and analytics projects from time to time.

We take your development very seriously. Our appraisal process is structured, transparent and interactive - you’ll receive continuous training and ongoing supportive feedback to achieve the goals that you set yourself. And with no glass ceilings, you will be able to make a difference here by really influencing and shaping the strategic direction of our practice.

Qualifications

• Be FIA, FFA, AIA or AFA qualified or be making good progress towards an actuarial qualification or equivalent;
• Experience of delivering defined benefit pension work streams or projects, in a consulting or in‑house environment;
• Trustees and/or corporate sponsors;
• Excellent facilitation and communication skills;
• Experience of managing client relationships;
• Solid team leadership experience;
• Advanced level of Microsoft Excel.

Desirable

• Knowledge of coding software (e.g. VBA, R and/or Python) is desirable but not essential.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your “Immediate Family Members” are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

Deloitte is known for its flexible working environment and the support it offers to new parents. As a first‑time mother I was a bit nervous joining the team, but the people around me have made it easy for me to manage my career around personal commitments.” Alice, Audit and Assurance “The team I support works with one of Deloitte’s biggest clients. To be involved with such an influential client so early in my career is really rewarding; I love it.” Owen, Audit and Assurance “The progression at Deloitte is steady and I’ve always felt in control of my own career path. You can learn something new here every day which I really enjoy.” Ali, Audit and Assurance

Our hybrid working policy

You’ll be based in Birmingham, Leeds, London or Manchester with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity. As well as remote working, you’ll attend your local office, virtual collaboration spaces and client sites, depending on the requirements of the role. At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face‑to‑face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break? For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.

Our commitment to you

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make a kind of impact and we live for. Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world‑class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level. Discover more reasons to connect with us, our people and purpose‑driven culture at deloitte.co.uk/careers.