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- Tasks: Lead projects on GMP equalisation and benefit rectification while mentoring junior colleagues.
- Company: Join a forward-thinking consultancy with ambitious growth plans in the pensions sector.
- Benefits: Enjoy a dynamic work environment with support for exam progression and flexible working options.
- Why this job: Be at the forefront of pension innovation, making a real impact for clients across the UK.
- Qualifications: Ideal for part-qualified actuaries with experience in pensions and strong communication skills.
- Other info: Collaborate with a passionate team committed to delivering high-quality consultancy services.
The predicted salary is between 42000 - 84000 £ per year.
We are currently seeking a nearly or fully qualified Actuarial Consultant to join a growing team focused on GMP equalisation and benefit rectification projects. This role offers an excellent opportunity to be at the forefront of an area that is high on the agenda for pension scheme trustees across the UK. You will work with a team that provides actuarial consultancy to a large number of pension schemes, supporting clients with funding advice, strategic planning, journey management, de-risking activities, GMP equalisation, and compliance with pensions regulation. This is a key role within a dynamic team committed to innovation, development, and delivering high-quality consultancy services. You will be part of a forward-looking organisation with ambitious growth plans for 2025 and beyond.
Key Responsibilities
- Leading and supporting projects related to GMP equalisation/conversion, normal retirement age (NRA) equalisation, and other benefit rectification exercises.
- Acting as a point of contact for clients on specific projects and attending client meetings.
- Checking and signing off work produced by junior colleagues, while providing feedback, mentoring, and support to help develop their skills.
- Managing project workflows and assisting in the smooth delivery of services to clients.
- Collaborating with other departments as required and offering technical expertise across the team.
What We’re Looking For
- A part-qualified or qualified actuary (or equivalent experience). Support available for those still progressing through actuarial exams.
- Experience in an actuarial role within pensions.
- Familiarity with GMP-related issues and benefit rectification work.
- Strong knowledge of pensions legislation and best practice.
- Excellent communication and interpersonal skills.
- Ability to manage multiple projects and meet deadlines under pressure.
- Proactive and flexible approach to work.
- Experience using actuarial modelling software (e.g., PFaroe or similar).
- Previous consultancy experience in pensions.
Actuarial Consultant employer: AEJ Consulting Ltd
Contact Detail:
AEJ Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in GMP equalisation and benefit rectification. Attend industry events or webinars to connect with potential colleagues and learn more about current trends and challenges in pensions.
✨Tip Number 2
Familiarise yourself with the latest developments in pensions legislation and best practices. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 3
Prepare to discuss specific projects you've worked on that relate to GMP equalisation or benefit rectification. Be ready to explain your role, the challenges faced, and how you contributed to successful outcomes, showcasing your problem-solving skills.
✨Tip Number 4
Highlight your experience with actuarial modelling software during conversations. If you have used PFaroe or similar tools, be prepared to discuss how you utilised them in your previous roles to enhance project efficiency and accuracy.
We think you need these skills to ace Actuarial Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your actuarial qualifications and relevant experience in pensions. Emphasise any work related to GMP equalisation and benefit rectification, as well as your familiarity with pensions legislation.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that align with the responsibilities outlined in the job description, particularly your ability to manage multiple projects and mentor junior colleagues.
Highlight Technical Skills: In your application, be sure to mention your experience with actuarial modelling software like PFaroe. This is crucial for demonstrating your technical expertise and suitability for the role.
Showcase Communication Skills: Since excellent communication and interpersonal skills are essential for this role, provide examples in your application of how you've successfully interacted with clients or collaborated with teams in previous positions.
How to prepare for a job interview at AEJ Consulting Ltd
✨Showcase Your Technical Knowledge
Make sure to brush up on your understanding of GMP equalisation and benefit rectification. Be prepared to discuss specific projects you've worked on and how your technical expertise can contribute to the team's goals.
✨Demonstrate Communication Skills
As an Actuarial Consultant, you'll need to communicate complex ideas clearly. Practice explaining actuarial concepts in simple terms, as you may need to convey information to clients who aren't familiar with the technical jargon.
✨Highlight Your Project Management Experience
Be ready to discuss how you've managed multiple projects in the past. Share examples of how you prioritised tasks, met deadlines, and ensured smooth delivery of services, as this role requires strong project management skills.
✨Prepare for Behavioural Questions
Expect questions about how you handle challenges and work within a team. Use the STAR method (Situation, Task, Action, Result) to structure your answers, showcasing your proactive and flexible approach to work.
