Actuarial Consultant
Actuarial Consultant

Actuarial Consultant

London Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to deliver actuarial services and advise clients on strategic pensions issues.
  • Company: Aon is a global leader in risk management, helping clients make better decisions for a better world.
  • Benefits: Enjoy flexible working options, comprehensive benefits, and two Global Wellbeing Days each year.
  • Why this job: Gain exposure to C-suite leaders and prestigious clients while working in a supportive, diverse environment.
  • Qualifications: Qualified or part-qualified actuary with strong communication skills and stakeholder management experience.
  • Other info: Embrace a culture of continuous learning and innovation, with a focus on wellbeing and work/life balance.

The predicted salary is between 42000 - 84000 £ per year.

Are you interested in working on a close-knit, collaborative and knowledgeable actuarial team? Would you like to work in a consulting environment and have daily exposure to C-suite leaders of a range of multinational and Indigenous clients? Would you like to work with client managers and have responsibility for the delivery of actuarial services to a portfolio of clients? If so, this may be the role for you!

You could be based in any of the following UK offices (Birmingham, Bristol, Edinburgh, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working.

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What The Day Will Look Like

The Actuarial Consultant will have the opportunity to develop relationships with clients in delivering trustee work. Responsibilities will include:

  • Advising clients on strategic pensions issues, including benefit design, restructuring, risk management/transfer projects, funding, as well as pension accounting disclosures
  • Preparing actuarial valuations, funding certificates, funding proposals and actuarial statements as required under the Pensions Act 1990
  • Taking ownership for the quality of technical work delivered to clients, including reviewing work from more junior support team members as required
  • Working collaboratively on joint projects with colleagues in the general consulting, risk management and investment practices
  • Developing intellectual capital to support innovation and efficiencies

How This Opportunity Is Different

The Actuarial Consultant is encouraged to work autonomously to deliver actuarial services to their allocated clients while also working as part of a team with a diverse range of versatile, motivated colleagues who will support you. Client exposure within the actuarial team is second to none, providing opportunities to work with prestigious, global multinational clients daily.

Skills And Experience That Will Lead To Success

  • Qualified Actuary or part qualified with less than one year remaining
  • Stakeholder management experience whilst exposure to leading client relationships would be advantageous
  • Ideally possesses relevant industry and consulting experience coupled with sound technical capability, however we are also interested in individuals willing to transition from non-pension actuarial areas
  • Strong communication and interpersonal skills, and comfortable in leading discussions at a senior management level
  • Ability to encourage and develop other colleagues, and work well within diverse teams
  • Whilst having an eye for detail, also capable of thinking and advising at a strategic level

How We Support Our Colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Actuarial Consultant employer: Aon

Aon is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee wellbeing and professional growth. With flexible working arrangements and a commitment to continuous learning, employees are empowered to thrive in their roles while enjoying the unique opportunity to engage with prestigious multinational clients. The collaborative environment fosters strong relationships within a diverse team, making Aon a rewarding place to build a meaningful career as an Actuarial Consultant.
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Contact Detail:

Aon 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 work at Aon or similar companies. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn more about the company culture.

Tip Number 2

Familiarise yourself with the latest trends and challenges in the pensions sector. Being knowledgeable about current issues will help you engage in meaningful conversations during interviews and demonstrate your commitment to the role.

Tip Number 3

Prepare to discuss your experience in stakeholder management and client relationships. Think of specific examples where you've successfully navigated complex situations, as this will showcase your ability to thrive in a consulting environment.

Tip Number 4

Practice your communication skills, particularly in leading discussions at a senior management level. Role-playing with a friend or mentor can help you articulate your thoughts clearly and confidently, which is crucial for this position.

We think you need these skills to ace Actuarial Consultant

Qualified Actuary or part qualified
Stakeholder Management
Client Relationship Management
Technical Actuarial Skills
Pension Accounting Knowledge
Communication Skills
Interpersonal Skills
Strategic Thinking
Attention to Detail
Team Collaboration
Leadership Skills
Problem-Solving Skills
Ability to Develop Others
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Actuarial Consultant role. Focus on your qualifications, stakeholder management experience, and any consulting background you may have.

Craft a Strong Cover Letter: Write a cover letter that showcases your passion for actuarial consulting and your understanding of the responsibilities outlined in the job description. Mention specific examples of how you've successfully managed client relationships or delivered technical work.

Highlight Communication Skills: Since strong communication and interpersonal skills are crucial for this role, provide examples in your application that demonstrate your ability to lead discussions at a senior management level and work collaboratively within diverse teams.

Showcase Continuous Learning: Aon values continuous learning, so mention any relevant courses, certifications, or professional development activities you've undertaken. This will show your commitment to growth and innovation in the actuarial field.

How to prepare for a job interview at Aon

Understand the Role

Make sure you thoroughly understand the responsibilities of an Actuarial Consultant. Familiarise yourself with key terms like 'actuarial valuations' and 'pension accounting disclosures' so you can speak confidently about them during the interview.

Showcase Your Communication Skills

Since the role involves advising clients and leading discussions at a senior management level, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex information in previous roles.

Demonstrate Stakeholder Management Experience

Be ready to discuss your experience in managing client relationships. Highlight any relevant situations where you successfully navigated stakeholder expectations or resolved conflicts, as this will be crucial for the role.

Prepare for Technical Questions

Expect technical questions related to actuarial principles and practices. Brush up on your knowledge of risk management, funding proposals, and benefit design to demonstrate your expertise and readiness for the role.

Actuarial Consultant
Aon
Location: London
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  • Actuarial Consultant

    London
    Full-Time
    42000 - 84000 £ / year (est.)
  • A

    Aon

    50,000+
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