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- Tasks: Provide expert advice to clients on pensions and risk management while leading a dynamic team.
- Company: Join a modern, innovative firm as part of the Howden Group with a collaborative culture.
- Benefits: Enjoy competitive bonuses, generous holiday, and a range of health and wellness perks.
- Other info: Flexible working options and excellent progression opportunities available.
- Why this job: Make a real impact in the pensions world while developing your career in consulting.
- Qualifications: Fellowship Actuarial Qualifications and DB pension experience are essential.
The predicted salary is between 36000 - 60000 £ per year.
Now part of the Howden Group, we have exciting opportunities across the UK. We have an exciting opportunity for a Consulting Actuary to join our new, modern Edinburgh office (hybrid working). We also have opportunities for our Bristol, Cheltenham, London, Leeds, Liverpool, Manchester, Glasgow and Edinburgh office at varying levels from Actuarial Consultant through to Senior Consulting Actuary (Principal) so get in touch if this position isn’t quite right for you.
Our services are designed to support trustees and employers by delivering pragmatic advice which 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 that are keen to pursue a consulting role and will usually include working towards being a Scheme Actuary or Corporate Actuary, developing own portfolio of appointments. It may also include the role of a Team Leader, which involves working alongside others involved in Client Consulting, to ensure that all operational tasks within the team are conducted on a day to day basis and liaising with Partners to agree priorities. DB pensions experience is essential.
A snapshot of your day:
- Client Consulting; Acting as the main contact, providing advice for a range of clients
- Assist Partners in managing client relationships, identifying any problems that arise and helping resolve them as soon as possible
- Attend client meetings and identify ways that we can help our clients and report new initiatives.
- Review draft client reports and advice
- Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions
- Check work of other team members, ensuring accuracy and compliance with scheme rules, procedures and legislation
- Identify opportunities for new business and assist in new business tenders, including participating in the pitch to the potential client
- Team Management; responsible for team workload and activity, actively managing the team and attending firm-wide Actuarial Team Leader meetings
- Maintain a broad knowledge of current pensions issues and proactively advise clients on relevant developments in the pensions world
- Manage a client team, ensure work is of a high quality and within agreed timescales
- When leading the corporate accounting appointment actively look for opportunities to support the company with other relevant BW services
- Peer review 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
- Demonstrated experience leading a team and excellent people management skills
- Project management and time management skills
- Excellent communication skills and good networking skills
- Ability to take forward new ideas
What’s in it for you:
- Competitive discretionary annual bonus.
- Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading.
- A generous pension scheme where we contribute 8% of your salary from day one of your employment.
- Employee Assistance Programme to support you and your family through any concerns or challenges you may experience.
- A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
For a full list of benefits, please click here.
Happy to talk flexible working.
Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Not quite the right opportunity for you this time? For more about us and other Careers at BW, please click here.
Follow Barnett Waddingham on LinkedIn.
We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to careers@barnett-waddingham.co.uk.
Consulting Actuary (Edinburgh) employer: Barnett Waddingham
Contact Detail:
Barnett Waddingham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consulting Actuary (Edinburgh)
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the lookout for consulting roles. You never know who might have the inside scoop on opportunities that aren't advertised yet.
✨Tip Number 2
Prepare for those interviews by brushing up on your client consulting skills. Think about how you can demonstrate your ability to manage relationships and provide clear, pragmatic advice. Practice makes perfect!
✨Tip Number 3
Showcase your leadership experience! If you've led teams or managed projects, make sure to highlight these experiences during interviews. Employers love to see candidates who can take charge and drive results.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of exciting opportunities across the UK, and applying directly can give you a better chance of standing out. Plus, it’s super easy!
We think you need these skills to ace Consulting Actuary (Edinburgh)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Consulting Actuary role. Highlight your DB pensions experience and any leadership roles you've had, as these are key for us.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your communication and project management skills!
Showcase Your Team Management Skills: Since this role involves managing a team, be sure to include examples of how you've successfully led teams in the past. We love to see candidates who can inspire and manage others effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Barnett Waddingham
✨Know Your Numbers
As a Consulting Actuary, you'll be dealing with complex data and risk assessments. Brush up on your actuarial principles and be ready to discuss how you've applied them in real-world scenarios. This shows you’re not just book-smart but can also think critically under pressure.
✨Showcase Your Team Leadership Skills
Since the role involves managing a team, prepare examples of how you've successfully led projects or teams in the past. Highlight your people management skills and how you’ve resolved conflicts or motivated your team to achieve goals.
✨Understand the Client's Needs
Research the company’s client base and the types of challenges they face, especially in DB pensions. Be ready to discuss how you would approach client consulting and provide tailored advice that brings clarity to their complex issues.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's approach to client relationships and how they manage their teams. This not only shows your interest but also helps you gauge if the company is the right fit for you.